Morocco's customs revenue has shown significant growth, reaching 90.8 billion dirhams at the end of October 2026. This represents an 8.6% increase compared to the same period in the previous year, when it stood at approximately 83.6 billion dirhams. According to the Trésorerie générale du Royaume, this growth is attributed to the progression of three main components of customs revenue: customs duties, value-added tax on imports, and domestic consumption tax on energy products.
The value-added tax on imports has emerged as the primary source of customs revenue, generating over 56.52 billion dirhams in revenue at the end of October. This accounts for approximately 62% of the total customs revenue and marks an 8.5% increase compared to the first ten months of 2025. Notably, revenue from VAT on energy products saw a 24% increase, while revenue from other products rose by 5.8%.
Customs duties also saw a favorable evolution, with revenue exceeding 15.56 billion dirhams, representing a 10.9% increase over the past year. Domestic consumption tax on energy products generated over 18.74 billion dirhams in revenue, marking a 7.1% increase. These developments reflect growth in fiscal receipts from imports, although they do not allow for a clear distinction between the effects of import volumes, prices, and product composition.
Beyond the three main components of customs revenue, domestic consumption taxes also contributed to the growth in fiscal resources. Revenue from domestic consumption tax on manufactured tobacco reached nearly 13.27 billion dirhams at the end of October 2026, representing a 5.7% increase compared to the same period in the previous year. Other domestic consumption taxes generated 3.82 billion dirhams, marking a more pronounced 15.2% increase.
When combining these two categories with customs revenue, the total customs fiscal revenue approached 108 billion dirhams at the end of the first ten months of the year, representing an annual increase of 8.5%. This development confirms the significance of import taxation and domestic consumption taxes in mobilizing public resources, two months prior to the closure of the 2026 budget exercise.
The growth in customs revenue is a positive indicator for Morocco's public finances. According to the Trésorerie générale du Royaume's monthly bulletin of public finance statistics, this upward trend is observed across the three main components of customs revenue. The sustained growth in customs duties, VAT on imports, and domestic consumption tax on energy products reflects a favorable evolution in fiscal receipts.
The near 108 billion dirhams in customs fiscal revenue is an important milestone for Morocco, as the country continues to focus on mobilizing public resources. With two months remaining in the 2026 budget exercise, the government will likely closely monitor these developments to ensure the achievement of its fiscal objectives.
Key points
- Moroccan customs revenue reaches 90.8 billion dirhams at end of October 2026
- VAT on imports represents 62% of total customs revenue
- Total customs fiscal revenue approaches 108 billion dirhams at end of October 2026
