Customs receipts reached 132.6 billion dirhams in 2023, compared with 131 billion dirhams in 2022, representing a growth rate of 1.2%, according to the Customs and Indirect Tax Administration (ADII).
Confirming the upward trend seen in recent years, customs receipts for the past year reached “a new all-time record”, said the ADII’s 2023 activity report.
The same source added that this performance was mainly due to the increase in import duty revenues and the evolution of the domestic consumption tax, particularly on manufactured tobacco. It noted that compared with the 2023 finance law, customs revenues exceeded forecasts by 1.28%, or MAD +1.59 billion.
In detail, the share of Value Added Tax (VAT) in budgetary customs revenues fell by 2 points, from 63% in 2022 to 61% in 2023. In terms of evolution, VAT receipts were down by 3.2% compared with 2022, to 75.3 billion dirhams versus MAD 77.8 billion last year.
Although the Domestic Consumption Tax’s share of budget customs revenue has fallen slightly by 1 point, from 26% in 2022 to 25% in 2023, it continues its upward trend begun in 2019, recording an increase of 3.7% in 2023, i.e. an increase of MAD 1.2 billion, according to Customs.
Revenues from import duties saw a peak growth of 18%, representing an increase of MAD 2.5 billion compared with 2022.
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