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Trade between Morocco and Spain

In 2024, Morocco exported $11.5 billion to Spain and imported $15.9 billion. Morocco ran a deficit of $4.4 billion with Spain, compared with a deficit of $361 million in 2019. Spain was Morocco’s largest trading partner (18% of its trade), and Morocco was Spain’s 9th (3%).

Summary

Morocco → Spain
$11.5billion
Spain → Morocco
$15.9billion
Morocco’s balance
-$4.4billion

Balance

Morocco’s trade balance with Spain

Trade between Morocco and Spain grew 19-fold since 1995

USD billions (current). Morocco’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 11.5
  • Imports 15.9
  • Balance -4.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$636 million$805 million-$169 million
1996$685 million$826 million-$141 million
1997$676 million$834 million-$158 million
1998$819 million$1.1 billion-$313 million
1999$796 million$1.3 billion-$485 million
2000$939 million$1.3 billion-$313 million
2001$1.1 billion$1.2 billion-$57 million
2002$1.4 billion$1.5 billion-$114 million
2003$1.9 billion$1.9 billion-$28 million
2004$2.4 billion$2.4 billion$20 million
2005$2.8 billion$2.7 billion$104 million
2006$3.2 billion$3 billion$182 million
2007$4.3 billion$3.7 billion$571 million
2008$4.3 billion$4.9 billion-$614 million
2009$3.5 billion$4.2 billion-$764 million
2010$3.7 billion$4 billion-$308 million
2011$4.4 billion$5.1 billion-$715 million
2012$4.2 billion$6.3 billion-$2.1 billion
2013$5 billion$6.5 billion-$1.6 billion
2014$5.5 billion$6.4 billion-$847 million
2015$5.5 billion$5.9 billion-$371 million
2016$6.3 billion$6.9 billion-$530 million
2017$7.4 billion$8 billion-$644 million
2018$7.9 billion$8.6 billion-$650 million
2019$8 billion$8.4 billion-$361 million
2020$7.4 billion$7.4 billion$26 million
2021$9.1 billion$9.6 billion-$526 million
2022$9.1 billion$10.4 billion-$1.3 billion
2023$10.2 billion$11.6 billion-$1.4 billion
2024$11.5 billion$15.9 billion-$4.4 billion

What they sell each other

What Morocco sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. Cables and wire$2.4 billion · 21%
    147 thousand tonnes · Morocco’s destinations
  2. Women's suits and dresses$1.1 billion · 9.3%
    28 thousand tonnes
  3. Auto parts$628 million · 5.5%
    121 thousand tonnes · Morocco’s destinations
  4. Cars$591 million · 5.1%
    75 thousand tonnes · Morocco’s destinations
  5. 66 thousand tonnes
  6. Seats and chairs$406 million · 3.5%
    31 thousand tonnes
  7. Prepared shellfish$345 million · 3%
    30 thousand tonnes
  8. 50 thousand tonnes
  9. Vehicle lights and signals$254 million · 2.2%
    17 thousand tonnes
  10. Men's suits and trousers$253 million · 2.2%
    7 thousand tonnes

What Spain sells to Morocco

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$2 billion · 12.4%
    2.2 million tonnes · Spain’s destinations
  2. Auto parts$1.5 billion · 9.4%
    151 thousand tonnes · Spain’s destinations
  3. Spark-ignition engines$985 million · 6.2%
    47 thousand tonnes
  4. Copper wire$873 million · 5.5%
    89 thousand tonnes
  5. 10 thousand tonnes
  6. Natural gas and LPG$503 million · 3.2%
    5 million tonnes
  7. Cars$394 million · 2.5%
    29 thousand tonnes · Spain’s destinations
  8. Cables and wire$369 million · 2.3%
    29 thousand tonnes · Spain’s destinations
  9. Diesel engines$313 million · 2%
    25 thousand tonnes
  10. Coated flat steel$303 million · 1.9%
    242 thousand tonnes

How it travels

Estimated sea route from Tangier to Valencia.

The estimated sea route between Tangier and Valencia is 435 nautical miles (806 km) long: ≈ 1–1.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$24.8 billion · 90.3%
  2. Air$2.7 billion · 9.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Morocco’s largest trading partner (18% of its trade), and Morocco was Spain’s 9th (3%).

Spain in Morocco’s trade
17.7%
Spain’s rank among Morocco’s partners
1st
Morocco in Spain’s trade
3.3%
Morocco’s rank among Spain’s partners
9th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.