Morocco’s customs revenue reached more than MAD 100.7 billion as of the end of December 2025, a 9.1% increase from 2024, according to Morocco’s General Treasury (TGR). In its latest bulletin, TGR said the revenue includes customs duties, import value-added tax (VAT), and the domestic consumption tax (TIC) on energy products, after accounting for MAD 105 million in tax refunds and exemptions. Import VAT totaled MAD 63.25 billion, an 8.2% increase from 2024. VAT on energy products fell 3.9%, while VAT on other goods rose 10.6%. Net TIC on energy products amounted to MAD 20.47 billion, a 14.3% increase, after MAD 61 million in refunds and exemptions.