Morocco Trade Balance
Morocco Trade Balance recorded a deficit of 1.1 USD bn in Nov 2020, compared with a deficit of 884.9 USD mn in the previous month. Morocco Trade Balance data is updated monthly, available from Jan 1957 to Nov 2020, with an averaged value of -182.4 USD mn. The data reached an all-time high of 15.2 USD mn in Dec 1964 and a record low of -2.7 USD bn in May 2012. CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Foreign Exchange Office provides Total Exports and Total Imports in local currency. Bank Al-Maghrib average market exchange rate is used for currency conversions. Trade Balance prior to January 1996 is sourced from the International Monetary Fund.
In the latest reports, Morocco Total Exports reached 2.8 USD bn in Nov 2020, an increase of 9.8 % year on year. Total Imports recorded 3.9 USD bn in Nov 2020, a decrease of 12.9 % year on year.
View Morocco's Trade Balance from Jan 1957 to Nov 2020 in the chart:
What was Morocco's Trade Balance in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1,120.1 Nov 2020 | -884.9 Oct 2020 | -2,655.4 May 2012 | 15.2 Dec 1964 | USD mn | monthly | Jan 1957 - Nov 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -270.2 Nov 2020 | monthly | Oct 1998 - Nov 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | 710.9 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.6 2019 | yearly | 1980 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -5,428.264 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Tax Revenue (USD mn) | 23,983.600 2019 | yearly | 1980 - 2019 |
| Tax Revenue: % of GDP (%) | 21.1 Dec 2017 | quarterly | Mar 2007 - Dec 2017 |
| National Government Debt (USD mn) | 77,971.5 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Government Debt: % of GDP (%) | 65.0 2019 | yearly | 1994 - 2019 |
| Forecast: Government Expenditure (MAD bn) | 415.386 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (MAD bn) | 963.103 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (MAD bn) | 380.531 2025 | yearly | 1990 - 2025 |
| Treasury Revenue: ytd: Ordinary (MAD mn) | 216,218.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) | 179,025.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) | 79,434.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury Expenditure: ytd (MAD mn) | 278,959.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury Expenditure: ytd: Ordinary (MAD mn) | 218,730.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury Expenditure: ytd: Investment (MAD mn) | 60,229.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury: ytd: Surplus or Deficit (MAD mn) | -57,720.000 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Treasury: ytd: Net Financing (MAD mn) | -60,582.000 Nov 2020 | monthly | Jan 2001 - Nov 2020 |
| Central Government Debt: Outstanding (MAD mn) | 747,996.300 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Short Term (MAD mn) | 11,120.500 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Short Term: Domestic (MAD mn) | 11,120.500 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term (MAD mn) | 736,875.800 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term: Domestic (MAD mn) | 575,376.800 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term: Foreign (MAD mn) | 161,499.000 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
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