Country Profile

Capital Rabat
Population 36.8M
GDP $160.6B (2024)
GDP per Capita $4,153
Income Level Lower-Middle Income
Currency Moroccan dirham (MAD د.م.)
Language Arabic
Timezone UTC
Region Africa · Northern Africa

Trade Partners

Morocco Exports To

  • Spain 20.0%
  • France 17.0%
  • Germany 6.0%
  • UK 5.0%
  • Italy 4.0%

Key exports: fertilizers, cars, garments, insulated wire, tomatoes (2023)

Morocco Imports From

  • Spain 16.0%
  • China 11.0%
  • France 10.0%
  • USA 9.0%
  • Turkey 5.0%

Key imports: refined petroleum, cars, vehicle parts/accessories, natural gas, coal (2023)

Economic Overview

lower middle-income North African economy; ongoing recovery from recent drought and earthquake; rebounding via tourism, manufacturing, and raw materials processing; significant trade and investment with EU; reform programs include fiscal rebalancing, state enterprise governance and private sector investments

Government: parliamentary constitutional monarchy

UK Trade Status

FTA in Force

The UK has a free trade agreement with Morocco, providing preferential market access for UK exporters.

Trade Barriers

3 active barriers affecting UK exporters

Advance payments ceiling for UK exporters to Morocco

A UK business cannot pay in advance beyond a set amount. When both the UK business exporting and the Moroccan partner agree on partial payment, the Moroccan partner cannot pay more than 30% of the invoice. When the UK business …

Reported: 20 Dec 2019

State monopoly in energy sector impacting UK exports and investment in Morocco

The National Office of Electricity and Drinking Water in Morocco does not currently have a regulatory function. This is carried out by the National Electricity Regulatory Authority, which is the only buyer and seller of marketed electricity including imports and …

Sectors: Energy

Reported: 21 Oct 2019

Difficulty obtaining land approvals impacting UK exporters/investors to Morocco

This affects any UK company needing a land permit in Morocco. There is no common framework in Morocco relating to land use, making it difficult for private businesses to acquire land permits. There are also different, complex statuses depending on …

Sectors: Consumer and retail, Education and training, Energy

Reported: 26 Jul 2019

Geographic Region

Trading Bloc Memberships

Morocco is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Morocco.

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Also in This Region

Official Resources

Government export support for Morocco.