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Morocco-Europe trade reaches 773.1 billion dirhams in 2025

By , based on Aujourd’hui le Maroc

Morocco-Europe trade reaches 773.1 billion dirhams in 2025

Morocco’s trade with Europe reached 773.1 billion dirhams in 2025, up 2.4% year on year, according to data from the Exchange Office. Its annual report on foreign trade also highlights how trade with Asia and the Americas is widening Morocco’s deficits, while its surplus with Africa is declining.

Trade between Morocco and Europe reached 773.1 billion dirhams in 2025, up 2.4% year on year, according to the annual foreign trade report published by the Moroccan Exchange Office. The European Union remains the kingdom’s main partner in the region, with trade worth 663.1 billion dirhams, compared with 653.8 billion in 2024.

Despite this increase, the European Union’s share of Morocco’s overall trade fell by 2.4 percentage points to 51.3%. Morocco’s trade deficit with Europe also widened, from 103.2 billion dirhams in 2024 to 118.3 billion in 2025, the Exchange Office said.

Bilateral deficits nevertheless improved with Spain, by 7.5 billion dirhams, Portugal, by 1.1 billion, and Russia, by 700 million. Trade with Asia and the Americas, by contrast, contributed to widening Morocco’s deficits, while its trade surplus with Africa declined, according to the report.

These figures extend the findings published on 15 October on Europe’s dominance in Moroccan foreign trade. The new report details the value of trade and the change in the deficit with the region, as Moroccan trade remains dominated by Europe in 2025.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

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