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