The United States and Morocco have a strong trade relationship that has grown significantly since the implementation of their Free Trade Agreement (FTA) in 2006. This article will explore the top 10 most traded products between these two nations, highlighting key statistics and the importance of these goods in their bilateral trade.
1. Petroleum Gas
Petroleum gas is the most significant export from the United States to Morocco. In 2023, the US exported $1.73 billion worth of petroleum gas to Morocco, making it the largest single product in their trade relationship. This commodity plays a crucial role in Morocco’s energy sector and industrial development.
2. Coal Briquettes
Coal briquettes are another important export from the US to Morocco. In 2023, the value of coal briquette exports reached $1 billion. These compressed blocks of coal are used for heating and industrial purposes in Morocco, contributing to the country’s energy needs.
3. Aircraft Parts
The aviation industry is a significant area of trade between the two countries. In 2023, the US exported $856 million worth of aircraft parts to Morocco. This includes components for gliders, balloons, and powered aircraft. The trade in aircraft parts highlights Morocco’s growing aerospace industry.
4. Semiconductor Devices
Semiconductor devices are a major export from Morocco to the United States. In 2023, Morocco exported $222 million worth of these electronic components to the US. This trade reflects Morocco’s developing high-tech manufacturing sector.
5. Motor Vehicle Parts
The automotive industry is an important part of the trade relationship. Morocco exported $152 million worth of motor vehicle parts and accessories to the US in 2023. This trade showcases Morocco’s growing role in global automotive supply chains.
6. Fertilizers
Morocco is known for its phosphate resources, which are used to produce fertilizers. In 2023, Morocco exported $347 million worth of mixed mineral or chemical fertilizers to the United States. This trade helps support US agriculture and highlights Morocco’s important role in global fertilizer production.
7. Citrus Fruits
Agricultural products are also significant in the trade relationship. In October 2024, citrus fruits were the top import of the United States from Morocco, valued at $25.4 million. Morocco’s warm climate is ideal for growing these fruits, which are popular in the US market.
8. Almonds and Other Nuts
The United States is a major exporter of tree nuts to Morocco. In 2023, the US had a 59% market share in Morocco’s tree nut imports, with almonds being the top product. This trade has shown strong growth, with a 31% annual growth rate over five years.
9. Electrical and Electronic Equipment
Electrical and electronic equipment is another important category in the trade relationship. In 2023, Morocco exported $267.03 million worth of these products to the United States. This trade reflects Morocco’s developing capabilities in electronics manufacturing.
10. Machinery and Mechanical Appliances
Machinery and mechanical appliances, including nuclear reactors and boilers, are significant US exports to Morocco. In 2024, the US exported $298.65 million worth of these products to Morocco. This trade supports Morocco’s industrial development and modernization efforts.