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Morocco's Customs Revenue Sees Strong Growth in During First Seven Months of 2025
Rabat — Morocco's customs revenue climbed steadily during the first seven months of 2025, reaching MAD 54.79 billion ($6.09 billion) and marking a 5.8% increase from the same period last year, according to the figures from Treasury General of the Kingdom (TGR).
The TGR's data show how import taxes continue to strengthen the country's budget despite global economic uncertainty.
The government collected this revenue mainly through customs duties, import VAT, and domestic consumption tax on energy products. Officials deducted MAD 58 million ($6.44 million) for refunds, tax relief, and fiscal restitutions from the total.
Customs duties generated MAD 9.19 billion ($1.02 billion), growing 1.1% compared to July 2024. This moderate increase reflects stable import flows for taxed goods, even as trade agreements and international competition create challenges.
Import VAT, which serves as the largest source of customs revenue, reached MAD 34.27 billion ($3.80 billion) with a 4.5% increase. This growth demonstrates strong import activity, particularly for consumer goods and equipment.
The domestic consumption tax on energy products posted the strongest performance, generating MAD 11.31 billion ($1.25 billion) despite MAD 39 million ($4.33 million) in refunds and tax relief. This represents a 14.2% year-over-year jump, driven by higher energy consumption and fluctuating global oil and fuel prices.
Gross customs revenue totaled MAD 54.84 billion ($6.09 billion), up 5.7% from July 2024. The small difference between gross and net figures reflects government refunds and tax exemptions.
These results signal how import taxes significantly contribute to funding public policies and strengthening Morocco's budget resources.
The steady growth shows the resilience of fiscal revenue from foreign trade, providing the government with essential funds for public spending and development programs.
The customs revenue growth comes at a crucial time when Morocco continues investing in infrastructure projects and social programs while managing global economic pressures.
Import taxes remain a vital component of the country's fiscal strategy, helping maintain government operations and fund key initiatives across various sectors. Tags: Customs revenuesMoroccan Customs RevenuesTGR
