Customs revenue hit an all-time high in 2024, bringing in 144.8 billion dirhams—up from 132.5 billion the previous year. According to the Customs and Indirect Tax Administration, this 9.2% increase was primarily fueled by stronger revenue from value-added tax (VAT), domestic consumption taxes, and import duties.
The figures surpassed expectations outlined in the national budget law, with collection rates hitting 104.9% for confirmed duties and 108.1% for assessed duties. VAT made up the lion’s share of the total—62%—followed by domestic consumption tax (TIC) at 26%, and import duties accounting for the remaining 12%.
VAT revenues alone rose by 11.9%, reaching 84.9 billion dirhams, largely due to a 16.1% surge in VAT collected on non-energy goods. Import duties also saw a notable boost of 8.5%, climbing to 1.374 billion dirhams. This was largely attributed to increased duties on goods such as sheep, smartphones, and various types of electrical equipment.
Throughout the year, several key imports were exempted from customs duties, including both soft and hard wheat, fava beans, lentils, chickpeas, oilseeds, certain raw vegetable oils, and domestic cattle. These exemptions likely impacted overall duty growth, but rising revenues from other sources helped offset the effect.
Domestic consumption tax on energy products jumped by 11.8% compared to 2023. Specifically, diesel saw a 12.6% increase, while gasoline rose by 9.6%. Meanwhile, the TIC on manufactured tobacco climbed 8.3%, mainly driven by a 14.8% rise in consumption, even though local production levels remained relatively flat.
However, the most dramatic growth came from the segment of domestic consumption tax not tied to energy or tobacco. This category soared by 21.9%, generating an additional 650.3 million dirhams over the year.
In terms of the bigger picture, customs revenue represented 41.2% of total tax income in 2024, slightly down from 42.4% the year before. As a percentage of GDP, customs income now stands at 9.6%, compared to 9.1% in 2023—marking a steady increase in its economic significance.
