The United States-Morocco Free Trade Agreement entered into force on January 1, 2006, eliminating duties on more than 95 percent of all goods and services. In addition to key U.S. export sectors gaining immediate duty-free access to the Moroccan market, the Agreement includes commitments by Morocco for increased regulatory transparency and the protection of intellectual property rights.
U.S.-Morocco Trade Facts
Morocco is currently our 69th largest goods trading partner with $3.3 billion in total (two way) goods trade during 2013. Goods exports totaled $2.3 billion; Goods imports totaled $977 million. The U.S. goods trade surplus with Morocco was $1.3 billion in 2013.
Morocco was the United States' 57th largest goods export market in 2013.
U.S. goods exports to Morocco in 2013 were $2.3 billion, up 6.0% ($130 million) from 2012, and up 392% from 2003. U.S. exports to Morocco are up 379% from 2005 (Pre-FTA).
The top export categories (2-digit HS) in 2013 were: Mineral Fuel ($1.1 billion), Aircraft ($225 million), Food Waste (soybean residues) ($165 million), Machinery ($147 million), and Dairy, Eggs, Honey, ETC. ($119 million).
U.S. exports of agricultural products to Morocco totaled $441 million in 2013. Leading categories include: and dairy products ($117 million), soybean meal ($112 million), and cotton ($44 million).
Morocco was the United States' 80th largest supplier of goods imports in 2013.
U.S. goods imports from Morocco totaled $977 million in 2013, a 4.8% increase ($45 million) from 2012, and up 154% from 2003. U.S. imports from Morocco are up 119% from 2005 (Pre-FTA)
The five largest import categories in 2013 were: Fertilizers ($255 million), Salt, Sulfur, Earth and Stone ($232 million), Electrical Machinery ($114 million), Woven Apparel ($90 million), and Prepared Meat, Fish, Etc ($43 million).
U.S. imports of agricultural products from Morocco totaled $129 million in 2013.
Leading categories include: processed fruits and vegetables ($43 million) and fresh fruit ($29 million).
The U.S. goods trade surplus with Morocco was $1.3 billion in 2013, a 6.8% increase ($85 million) over 2012.
U.S. foreign direct investment (FDI) in Morocco (stock) was $613 million in 2012 (latest data available), a 11.5 percent increase from 2011.
There is no information on the distribution of U.S. FDI in Morocco.
Morocco FDI in the United States (stock) was not available in 2012.
*NOTE: No services trade data with Morocco is available.