United States (USA) and Morocco (MAR) Trade

2022

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Exports $4.34BRnk 51 / 219

2022

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About

United States-Morocco Trade: In 2022, United States exported $4.34B to Morocco. The main products that United States exported to Morocco were Petroleum Gas ($1.46B), Coal Briquettes ($601M), and Aircraft Parts ($310M). Over the past 5 years the exports of United States to Morocco have increased at an annualized rate of 10.6%, from $2.63B in 2017 to $4.34B in 2022.

In 2017, United States exported services to Morocco worth $627M, with Travel ($168M), Financial services ($106M), and Government services, n.i.e. ($99M) being the largest in terms of value.

Morocco-United States Trade: In 2022, Morocco exported $1.67B to United States. The main products that Morocco exported to United States were Mixed Mineral or Chemical Fertilizers ($347M), Motor vehicles; parts and accessories (8701 to 8705) ($190M), and Semiconductor Devices ($177M). Over the past 5 years the exports of Morocco to United States have increased at an annualized rate of 7.08%, from $1.19B in 2017 to $1.67B in 2022.

In 2022, Morocco did not export any services to United States.

Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Company data: In 2023, leading companies such as Barry Callebaut (75), Norwegian Cruise Line (72), and TE Connectivity (71) were at the forefront of exporting goods from Morocco to the United States. Conversely, Other (122), Ncl (bahamas) Ltd (72), and Te Connectivity Morocco (45) were notable for importing products to Morocco from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $446M and imported $170M from Morocco, resulting in a positive trade balance of $276M. Between August 2023 and August 2024 the exports of United States have increased by $78.5M (21.4%) from $368M to $446M, while imports increased by $26.6M (18.6%) from $143M to $170M.

Trade In August 2024, the top exports of United States to Morocco were Petroleum Gas ($91.6M), Aircraft Parts ($81.8M), Petroleum Coke ($18.3M), Other Nuts ($9.63M), and Soybean Meal ($9.43M). In August 2024 the top imports of United States from Morocco were Citrus ($25.4M), Semiconductor Devices ($23.2M), Phosphatic Fertilizers ($19.3M), Motor vehicles; parts and accessories (8701... ($15.9M), and Commodities not elsewhere specified ($8.36M).

Origins In August 2024 the exports of United States were mainly from Dist of Columbia ($135M), Texas ($104M), Maryland ($41M), Louisiana ($38.7M), and Florida ($18M), while imports destinations were mainly California ($32.4M), Minnesota ($22.1M), Georgia ($16.3M), New York ($14.6M), and Iowa ($14.1M).

Growth In August 2024, the increase in United States's year-by-year exports to Morocco was explained primarily by an increase in product exports in Petroleum Gas ($35.6M or 63.7%), Aircraft Parts ($35.4M or 76.3%), and Aircraft parts including unmanned craft ($3.93M or 121%). In August 2024, the increase in United States's year-by-year imports from Morocco was explained primarily by an increase in product imports in Semiconductor Devices ($16.3M or 235%), Insulated Wire ($5.83M or 240%), and Commodities not elsewhere specified ($5.31M or 174%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$78.5M(21.4%)

IMPORT GROWTH (August 2023 - August 2024)$26.6M(18.6%)

MAIN EXPORTER (August 2024)Dist of Columbia$135M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Morocco and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $4.34B to Morocco. The main products exported from United States to Morocco were Petroleum Gas ($1.46B), Coal Briquettes ($601M), and Aircraft Parts ($310M). During the last 5 years the exports of United States to Morocco have increased at an annualized rate of 10.6%, from $2.63B in 2017 to $4.34B in 2022.

In 2017, Morocco exported $1.67B to United States. The main products exported from Morocco to United States were Mixed Mineral or Chemical Fertilizers ($347M), Motor vehicles; parts and accessories (8701 to 8705) ($190M), and Semiconductor Devices ($177M). During the last 5 years the exports of Morocco to United States have increased at an annualized rate of 7.08%, from $1.19B in 2022 to $1.67B in 2017.

Exports from United States () to Morocco () (2022)

Exports from Morocco () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Morocco
Top DestinationSpain$8.55B

This map shows whether countries import more from United States or Morocco. Each country is colored based on the difference in imports they receive from United States and Morocco or the difference in the growth in imports.

In 2022, countries that imported more from United States than Morocco included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Morocco than United States included Djibouti ($536M), Mauritania ($312M), and Syria ($70.5M).

Difference in imports from Morocco () and United States () (2022)

Comparative Advantage United States - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and Morocco by product, considering products traded by both, United States and Morocco.

During 2022, United States had a large net trade with Morocco in the exports of Mineral Products ($2.31B), Transportation ($415M), and Machines ($397M).

During 2017, Morocco had a large net trade with United States in the exports of Chemical Products ($450M), Machines ($319M), and Transportation ($212M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Morocco+$196MRefined Petroleum

Top Product Potential Morocco United States+$188MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of United States and Morocco. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over United States.

Product Space of United States () and Morocco () (2022)

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