As of 2020, import and export transactions carried out between Morocco and Europe resulted in a balance of trade amounting to over 451 billion Moroccan dirhams (MAD) (equivalent to around 50.6 billion U.S. dollars). This was the highest value, compared to the other regions, followed by Asia which registered a trade balance of approximately 117.3 billion MAD, roughly 13.1 billion U.S. dollars.
Trade balance of Morocco as of 2020, by regional trade partner
(in million Moroccan dirhams)
Currency conversion on 03/09/2021.
The source notes the following:
Europe refers to 28 countries of the European Union.
Asia refers to the Asian-Arab countries.
America refers to the United States.
Africa refers to countries of the Arab Maghreb Union.
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Office des Changes Maroc. (June 30, 2021). Trade balance of Morocco as of 2020, by regional trade partner (in million Moroccan dirhams) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/
Office des Changes Maroc. "Trade balance of Morocco as of 2020, by regional trade partner (in million Moroccan dirhams)." Chart. June 30, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/
Office des Changes Maroc. (2021). Trade balance of Morocco as of 2020, by regional trade partner (in million Moroccan dirhams). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/
Office des Changes Maroc. "Trade Balance of Morocco as of 2020, by Regional Trade Partner (in Million Moroccan Dirhams)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/
Office des Changes Maroc, Trade balance of Morocco as of 2020, by regional trade partner (in million Moroccan dirhams) Statista, https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/ (last visited December 23, 2024)
Trade balance of Morocco as of 2020, by regional trade partner (in million Moroccan dirhams) [Graph], Office des Changes Maroc, June 30, 2021. [Online]. Available: https://www.statista.com/statistics/1261565/trade-balance-of-morocco-by-regional-partners/