Trade overview
U.S.-MOROCCO BILATERAL TRADE AND INVESTMENT
Morocco is currently the United States’ 89th largest goods trading partner with $1.4 billion in total (two way) goods trade during 2006.
Exports
Morocco was the United States’ 79th largest goods export market in 2006.
U.S. goods exports to Morocco in 2006 were $875 million, up 65% compared to 2005, and up 29% from 1994 (the year prior to Uruguay Round). The top export categories (2-digit HS) in 2006 were: Aircraft ($250 million), Cereals ($163 million), Miscellaneous Grain, Seed, Fruit (soybeans) ($73 million), Machinery ($76 million), Electrical Machinery ($49 million) and Plastic ($46 million).
Imports
Morocco was the United States’ 89th largest import market in 2006.
U.S. goods imports from Morocco totaled $521 million in 2006, up 20% compared to 2005, and up 130% from 1994. The five largest import categories in 2006 were: Electrical Machinery ($122 million), Salt, Sulfur, Earth and Stone (calcium phosphates) ($104 million), Woven Apparel ($63 million), Preserved Foods [i.e. olives] ($31 million).
Trade Balance
The U.S. trade surplus with Morocco was $354 million in 2006.
Historical Trade Data
U.S. Goods Trade with Morocco (in millions of dollars)
| Years |
1985 |
1990 |
1994 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
| Trade Balance |
240 |
386 |
217 |
218 |
180 |
82 |
-152 |
173 |
83 |
9 |
85 |
354 |
| Exports |
279 |
495 |
409 |
561 |
566 |
523 |
282 |
565 |
468 |
524 |
528 |
875 |
| Imports |
39 |
109 |
192 |
343 |
386 |
441 |
435 |
392 |
385 |
515 |
443 |
521 |
|