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Petroleum Imports Rise 9% with Leading Exporters
Morocco recorded an increase in its maritime imports of petroleum derivatives during the first nine months of 2026, with the average imported shipments exceeding 271,000 barrels per day, representing a 9% rise compared to the same period last year. During the third quarter, the average imports were about 278,000 barrels per day, with monthly variations in volume—reaching peaks in March and August, followed by a decline in the recent months. The increase, particularly in March, was mainly linked to Morocco's use of fuel oil and diesel to meet electricity demand, due to disruptions in gas supplies from Spain as a result of the Iran war repercussions. In terms of sources, the United States led the suppliers with an average of 61,000 barrels per day, experiencing a significant increase of 140%. Russia followed with 50,000 barrels (+28%), and Spain with 35,000 barrels (-21%). Additionally, Turkey's exports surged by 120%, and the Netherlands' by 400%, reflecting a shift in supplier composition, with Spanish supplies decreasing and the shares of Russia, the United States, Turkey, and the Netherlands expanding in the Moroccan market.
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