Morocco: Trade balance, in dollars

* indicates monthly or quarterly data series
 Morocco

Trade balance, billion USD

 Latest value -15.23
 Year 2022
 Measure billion U.S. dollars
 Data availability 1975 - 2022
 Average -5.06
 Min - Max -15.23 - -0.10
 Source The World Bank
For that indicator, we provide data for Morocco from 1975 to 2022. The average value for Morocco during that period was -5.06 billion U.S. dollars with a minimum of -15.23 billion U.S. dollars in 2022 and a maximum of -0.1 billion U.S. dollars in 1988. The latest value from 2022 is -15.23 billion U.S. dollars. For comparison, the world average in 2022 based on 163 countries is 3.58 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Morocco - Trade balance, in dollars - Recent values chart

Historical chart
Morocco - Trade balance, in dollars - historical chart - 1975-2022




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 88.91 2021 percent
 Trade openness 101.12 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 44.81 2022 percent
 Exports, billion dollars 62.02 2023 billion U.S. dollars
 Growth of exports 20.42 2022 percent
 Imports, percent of GDP 56.31 2022 percent
 Imports, billion dollars 73.74 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.66 2022 percent
 Foreign Direct Investment, billion dollars 2.18 2022 billion U.S. dollars
 Portfolio investment inflows, equities 271.80 2022 million dollars (current)
 Current account, percent of GDP -3.50 2022 percent
 Current account, in dollars -4.78 2022 billion U.S. dollars
 Trade balance, percent of GDP -11.50 2022 percent
 Trade balance, in dollars -15.23 2022 billion U.S. dollars
 Reserves 32.31 2022 billion U.S. dollars
 Remittances, percent of GDP 8.53 2022 percent
 Remittances 11,168.17 2022 million U.S. dollars
 Net errors and omissions 2,122.53 2022 million USD
 External debt 50.15 2022 percent
 Short-term external debt 15.37 2022 percent
 Short-term debt to reserves 30.78 2022 percent
 Foreign exchange reserves 355.17 9/2023 billion
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