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Keywords: Exports


United States deepens trade surplus with Morocco to over 18.7 billion dirhams by mid-2025

The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......

Morocco strengthens role as a key fertilizer supplier to India

Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......

Morocco’s aerospace exports soar to MAD 14.13 billion in first half of 2025

Morocco's aerospace industry has continued its remarkable growth, with exports reaching MAD 14.13 billion ($1.41 billion) during the first six months of 2025, an 8.8% increase compared to the same period last year, according to the Office des Changes. Decade of transformative growth The sector’s......

Morocco's trade deficit surges 18.4% to reach $17.81 billion in early 2025

Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......

Washington imposes sanctions on Iranian-linked shipping fleet tied to regime elite

The U.S. government announced on Wednesday a sweeping new round of sanctions against Iran, targeting over 50 individuals, entities, and more than 50 ships allegedly connected to a commercial fleet controlled by the son of a prominent Iranian official. In what it described as the “largest Iran-related......

EU-US trade deal averts tariff crisis but sparks mixed reactions

The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......

Spanish PM supports EU-US trade deal but expresses reservations

Spanish Prime Minister Pedro Sánchez announced on Monday his conditional support for the recently concluded European Union trade deal with the United States, though he admitted doing so “without any enthusiasm.” The agreement, brokered on Sunday by US President Donald Trump and European......

Europe remains Morocco’s leading trade partner despite slight decline

Morocco's trade exchanges with global markets recorded a notable increase of 6.3% in 2024, yet Europe retained its position as the country's dominant trade partner, despite a modest decline in its overall share. New data from Morocco’s Exchange Office reveals that European partners accounted......

Europe remains Morocco’s top trade partner despite slight decline

Europe continued to dominate Morocco’s foreign trade in 2024, accounting for 62% of total trade volume, down slightly from 63.2% in 2023, according to the latest annual report by the Moroccan Office of Exchange. European countries provided 56.4% of Morocco’s imports and received 71.4% of......