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Keywords: Morocco trade


India’s INS Tamal strengthens naval ties with Morocco during Casablanca visit

India’s newest stealth frigate, INS Tamal, concluded a three-day port visit to Casablanca from August 6-9, marking a significant step in the deepening maritime cooperation between India and Morocco. This visit is the third by an Indian naval vessel to Morocco in the past two years, underscoring......

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......

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......

Tanger Med port invests $500 million to double truck terminal capacity

Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......

Morocco to renegotiate free trade pact with Turkiye amid trade deficit concerns

Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......

Morocco enforces steep anti-dumping duties on Egyptian PVC imports

Morocco imposes temporary tariffs of up to 92% on Egyptian PVC to protect national industry Morocco has imposed provisional anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The new tariffs range from 74.87% to 92.19%, targeting imports under tariff code 3904.10.90.00. The decision......

Catalonian delegation embarks on three-day economic mission to Morocco

A delegation of Catalonian business leaders and officials begins a three-day economic mission to Morocco today. The visit, running from May 27 to 29, aims to strengthen economic and commercial relations between the northeastern Spanish region and the North African country. The mission is organized by......

Morocco targets 3,000 vehicle exports to Egypt annually

Morocco aims to export 3,000 vehicles yearly to the Egyptian market, according to Egypt-Morocco Business Council President Nizar Abu Ismail. This initiative is part of a comprehensive plan to rebalance trade between the two countries, he noted in an interview with Al Borsa News. Abu Ismail highlighted......

Morocco's trade deficit swells to MAD 71 billion in early 2025

Morocco's trade deficit has surged dramatically in the first quarter of 2025, reaching MAD 71.63 billion ($7.1 billion), marking a 16.9% increase compared to the same period last year. This troubling statistic, released by the Office des Changes, underscores a significant imbalance in the country's......

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