Overview In October 2023, United States exported $344M and imported $166M from Morocco, resulting in a positive trade balance of $178M. Between October 2022 and October 2023 the exports of United States have increased by $153M (80.2%) from $191M to $344M, while imports increased by $31.2M (23.1%) from $135M to $166M.
Trade In October 2023, the top exports of United States to Morocco were Petroleum Gas ($55.9M), Aircraft Parts ($46.4M), Soybeans ($23.1M), Soybean Meal ($20M), and Nitrogen Heterocyclic Compounds ($18.4M). In October 2023 the top imports of United States from Morocco were Citrus ($20.2M), Motor vehicles; parts and accessories (8701... ($12.3M), Processed Fish ($9.51M), Semiconductor Devices ($6.93M), and Other Electrical Machinery ($5.98M).
Origins In October 2023 the exports of United States were mainly from Texas ($112M), Maryland ($84M), Louisiana ($22.8M), Illinois ($22.4M), and Dist of Columbia ($19.9M), while imports destinations were mainly California ($35.2M), Illinois ($28.8M), Minnesota ($15.5M), New Jersey ($11.4M), and Texas ($10.2M).
Growth In October 2023, the increase in United States's year-by-year exports to Morocco was explained primarily by an increase in product exports in Aircraft Parts ($43.5M or 1.5k%), Vaccines, blood, antisera, toxins and cultures ($11.9M or 9.52k%), and Petroleum co*ke ($10.8M or 290%). In October 2023, the increase in United States's year-by-year imports from Morocco was explained primarily by an increase in product imports in Citrus ($12.5M or 162%), Motor vehicles; parts and accessories (8701... ($7.6M or 163%), and Other Electrical Machinery ($5.82M or 3.63k%).
