Exports of Goods and Services for Morocco
MARBXUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68,238,868,846.40
Year-over-Year Change
94.41%
Date Range
1/1/2000 - 1/1/2025
Summary
The 'Exports of Goods and Services for Morocco' trend measures the total value of all goods and services exported from Morocco to other countries. This metric is important for assessing Morocco's international trade performance and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the dollar value of Moroccan exports, including both physical goods like machinery and agricultural products, as well as exported services such as tourism and transportation. It is a key indicator of Morocco's participation in global trade and can provide insights into the country's economic competitiveness.
Methodology
The data is collected and reported by the Moroccan government's statistical agency.
Historical Context
Policymakers and analysts use this export data to evaluate Morocco's trade balance, exchange rate movements, and overall economic health.
Key Facts
- Morocco is Africa's third-largest exporter.
- Exports account for over 35% of Morocco's GDP.
- Top Moroccan exports include phosphates, automobiles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: The 'Exports of Goods and Services for Morocco' metric tracks the total value of all products and services exported from Morocco to international markets.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into Morocco's trade balance, competitiveness in global markets, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Moroccan government's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this export data to evaluate Morocco's trade balance, exchange rate movements, and overall economic health.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period.
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Citation
U.S. Federal Reserve, Exports of Goods and Services for Morocco (MARBXUSD), retrieved from FRED.