US goods trade surplus with Morocco reaches $3.74 billion through September

US goods trade surplus with Morocco reaches $3.74 billion through September
Wednesday 11 November 2026 - 14:49

The United States recorded a $3.74 billion goods trade surplus with Morocco in the first nine months of 2026, up from $2.845 billion during the same period last year, according to data from the U.S. Census Bureau.

U.S. goods exports to Morocco reached $5.44 billion between January and September, compared with $4.25 billion during the corresponding period in 2025.

Meanwhile, Moroccan goods imports into the United States totaled $1.70 billion, up from $1.409 billion a year earlier.

The trade surplus also widened in September, reaching $495.2 million, compared with $250.3 million in September 2025.

U.S. exports to Morocco stood at $698.9 million that month, up from $421.2 million a year earlier, while imports from Morocco increased to $203.7 million from $170.9 million.

On a cost, insurance and freight (CIF) basis, U.S. imports from Morocco totaled $1.81 billion through September, compared with $1.48 billion during the same period last year.

Overall, U.S. goods exports to Morocco increased by approximately 28% year over year in the first nine months of 2026, while imports from the kingdom rose by around 20%.

At the global level, the U.S. goods and services trade deficit narrowed slightly to $105 billion in September, down from $105.7 billion in August.

U.S. exports rose by $5.8 billion to $321.5 billion, while imports increased by $5.2 billion to $426.6 billion.

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