Morocco
Morocco shipped 1.7 Mt of CBAM goods to the EU in 2025 (1.5 % of all CBAM imports, down 4 % on 2024). Most of the exposure comes from fertilisers. At default values the 2026 CBAM bill would be about €52.0 m, ranking it 30th of 152 countries.
1.7 MtEU imports, 2025
€1.01 bncustoms value
€52.0 mCBAM exposure 2026
€31/taverage per tonne
What it exports
Steel 1 %Aluminium 1 %Fertilisers 84 %Cement 13 %
| Sector | Tonnes 2025 | Value | Exposure 2026 | 2034 |
|---|---|---|---|---|
| Fertilisers | 1.4 Mt | €842 m | €39.0 m | €76.6 m |
| Iron and steel | 24 kt | €85.9 m | €6.5 m | €11.0 m |
| Cement | 221 kt | €12.1 m | €5.7 m | €20.2 m |
| Aluminium | 17 kt | €74.7 m | €744 k | €1.1 m |
Products with the largest exposure
Default value (2026, incl. mark-up) and CBAM benchmark in tCO₂e per tonne.
| CN code | Product | Tonnes | Default | Benchmark | Exposure |
|---|---|---|---|---|---|
| 3105 20 10 | Mineral or chemical fertilisers containing phosphorus and potassium, with a nitrogen con… | 252 kt | 1.131 | 0.434 | €14.7 m |
| 3105 30 00 | Diammonium hydrogenorthophosphate "diammonium phosphate" (excl. that in tablets or simil… | 770 kt | 0.556 | 0.339 | €14.3 m |
| 2523 10 00 | Cement clinkers | 205 kt | 0.990 | 0.666 | €5.7 m |
| 3105 40 00 | Ammonium dihydrogenorthophosphate "monoammonium phosphate", whether or not mixed with di… | 249 kt | 0.374 | 0.173 | €4.2 m |
| 3105 51 00 | Mineral or chemical fertilisers containing nitrates and phosphates (excl. ammonium dihyd… | 34 kt | 1.535 | 0.548 | €2.8 m |
| 7210 70 80 | Flat-rolled products of iron or non-alloy steel, of a width of ≥ 600 mm, hot-rolled or c… other countries | 9 kt | 4.511 | 1.491 | €2.3 m |
| 3105 20 90 | Mineral or chemical fertilisers containing nitrogen, phosphorus and potassium, with a ni… | 38 kt | 0.778 | 0.319 | €1.5 m |
| 3105 59 00 | Mineral or chemical fertilisers containing the two fertilising elements nitrogen (excl. … | 57 kt | 0.677 | 0.391 | €1.4 m |
| 7326 90 40 | Pallets and similar platforms for handling goods, of iron or steel other countries | 3 kt | 4.456 | 1.364 | €793 k |
| 7308 90 98 | Structures and parts of structures of iron or steel, n.e.s. (excl. bridges and bridge-se… other countries | 2 kt | 5.570 | 1.491 | €627 k |
| 7326 90 98 | Articles of iron or steel, n.e.s. other countries | 2 kt | 4.566 | 1.491 | €469 k |
| 7210 49 00 | Flat-rolled products of iron or non-alloy steel, of a width of ≥ 600 mm, hot-rolled or c… other countries | 2 kt | 4.511 | 1.491 | €448 k |
Outlook
Same 2025 volumes, same certificate price (€82.32), default values throughout.
€52.0 m2026 · 10 % mark-up, 97.5 % free allocation
€81.3 m2030 · 30 % mark-up, 51.5 % free allocation
€109 m2034 · free allocation ends
Where it sits on the map
Read more
Nearby in the ranking: Moldova, Thailand, Canada, Bosnia and Herzegovina.
Sources: Eurostat Comext (DS-045409), annual 2025; Implementing Regulations (EU) 2025/2621 and 2025/2620. See methodology.