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Morocco Trade (% GDP)

Morocco's trade (% GDP) rose to 95.76% in 2024, up from 93.79% in 2023, according to World Bank. This represents an increase of 1.97% from the previous year. Morocco has trade (% GDP) higher than the global median (95.76% vs median 84.49%). Compared with the median in Africa, Morocco is higher (95.76% vs regional median 62.95%) and ranks 11th out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 95.76%
2023 93.79%
2022 101.13%
2021 75.52%
2020 68.84%
2019 76%
2018 77.25%
2017 74.17%
2016 71.12%
2015 67.29%
2014 71.89%
2013 73.86%
2012 78.22%
2011 76.83%
2010 69.54%
2009 62.37%
2008 77.83%
2007 71.35%
2006 64.67%
2005 61.49%
2004 55.55%
2003 52.33%
2002 54.31%
2001 53.49%
2000 53.44%
1999 48.58%
1998 45.67%
1997 51.15%
1996 47.1%
1995 51.72%
1994 47.31%
1993 49.67%
1992 50.26%
1991 49.78%
1990 54.63%
1989 50.35%
1988 50.14%
1987 49.66%
1986 50.28%
1985 59.32%
1984 60.36%
1983 52.61%
1982 55.34%
1981 57.44%
1980 47.34%
1979 46.87%
1978 46.44%
1977 54.22%
1976 54.64%
1975 55.82%
1974 55.75%
1973 42.94%
1972 37.8%
1971 36.68%
1970 39.22%
1969 37.21%
1968 38.54%
1967 38.08%
1966 38.33%
1965 35.05%
1964 38.63%
1963 38%
1962 39.11%
1961 46.53%
1960 46.27%
Morocco Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Morocco divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $42.46B $42.18B 2023
Annual Imports $70.64B $72.58B 2023
Balance of Trade MAD -8.8B MAD -14.3B Aug'25
Exports MAD 61.9B MAD 62.1B Aug'25
Exports (% GDP) 43.29% 42.75% 2024
FDI Inflows (% GDP) 0.76% 1.75% 2023
Imports MAD 70.7B MAD 76.4B Aug'25
Imports (% GDP) 52.47% 51.04% 2024
Net Trade (Goods & Services, BoP) -$12.01B -$15.23B 2023
Tariff Rate 5.73% 4.33% 2021