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Morocco’s customs revenue rises 5.8% in first seven months of 2025
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from foreign trade, even amid global economic uncertainty.
Import taxes drive fiscal growth
The government’s customs revenue was primarily sourced from customs duties, import value-added tax (VAT), and the domestic consumption tax on energy products. While MAD 58 million ($6.44 million) in refunds, tax relief, and fiscal restitutions were deducted, the revenue reflects strong import activity and stable tax collection.
Customs duties generated MAD 9.19 billion ($1.02 billion), showing a 1.1% increase compared to the same period in 2024. This moderate growth highlights the stability of taxed goods imports, despite challenges from trade agreements and international competition.
Import VAT, the largest contributor to customs revenue, brought in MAD 34.27 billion ($3.80 billion), representing a 4.5% rise. The increase reflects robust import activity, particularly for consumer goods and equipment.
The domestic consumption tax on energy products posted the strongest performance, generating MAD 11.31 billion ($1.25 billion), a 14.2% jump from 2024. Higher energy consumption and fluctuating global fuel prices significantly boosted this revenue source, despite MAD 39 million ($4.33 million) in refunds and tax relief.
Supporting public spending and development
Gross customs revenue for the period totaled MAD 54.84 billion ($6.09 billion), up 5.7% from 2024. The small gap between gross and net figures reflects limited government refunds and tax exemptions.
This growth comes at a critical time as Morocco continues investing in infrastructure projects, social programs, and public services. Import taxes remain a vital component of the country’s fiscal strategy, supporting government operations and financing development initiatives across sectors.
Resilient fiscal performance amid global challenges
The TGR data illustrates how import taxes are strengthening Morocco’s budget despite global economic pressures. By maintaining steady revenue growth, Morocco is securing essential funds for its public spending priorities, including infrastructure, education, and healthcare.
Customs revenue growth reaffirms the government’s ability to balance fiscal stability with its economic development objectives, showcasing resilience in navigating both domestic and international challenges.
