Morocco
ECON COMPLEXITY (2018)
-0.66
RANK 98 OF 137
PRODUCT EXPORTS (2018)
$33.7B
RANK 64 OF 222
EXPORTS PER CAPITA (2018)
$935
RANK 11 OF 219
PRODUCT IMPORTS (2018)
$48.3B
RANK 54 OF 221
IMPORTS PER CAPITA (2018)
$1.34K
RANK 10 of 219
SERVICE EXPORTS (2018)
$15.4B
RANK 24 OF 88
SERVICE IMPORTS (2018)
$9.76B
RANK 36 OF 88
GDP (2018)
$118B
CURRENT US$
RANK 58 OF 196
GDP GROWTH (2008-2018)
27.5%
CURRENT US$
RANK 119 OF 196
GDP PC (2018)
$3,222
CURRENT US$
RANK 134 OF 196
GDP PC GROWTH (2008-2018)
11.5%
CURRENT US$
RANK 119 OF 196
Overview: This page contains the latest international trade data for Morocco, including service trade data, and tariffs. In 2018 Morocco was the number 58 economy in the world in terms of GDP (current US$), the number 64 in total exports, the number 54 in total imports, and the number 98 most complex economy according to the Economic Complexity Index (ECI). In 2018, Morocco exported $33.7B and imported $48.3B, resulting in a negative trade balance of -$14.6B. In 2018, Morocco’s exports per capita were $935 and its imports per capita were $1.34k.
Trade: The top exports of Morocco are Cars ($4.92B), Insulated Wire($3.53B), Mixed Mineral or Chemical Fertilizers ($2.86B), Phosphoric Acid ($1.48B), and Non-Knit Women’s Suits ($1.38B). The top imports of Morocco are Refined Petroleum ($4.53B), Cars ($2.24B), Petroleum Gas ($1.5B), Vehicle Parts ($1.23B), and Coal Briquettes($1.19B).
Destinations: Morocco exports mostly to Spain ($7.45B), France($6.94B), United States ($1.47B), Italy ($1.39B), and India ($1.3B), and imports mostly from Spain ($9.45B), France ($5.05B), China($4.13B), United States ($3.62B), and Italy ($2.52B).
Location: Morocco borders Algeria, Spain, and Mauritania by land and Portugal by sea.
Exports
In 2018 Morocco exported a total of $33.7B, making it the number 64 exporter in the world. During the last five reported years the exports of Morocco have changed by $7.19B from $26.5B in 2013 to $33.7B in 2018.
The most recent exports are led by Cars ($4.92B), Insulated Wire ($3.53B), Mixed Mineral or Chemical Fertilizers ($2.86B), Phosphoric Acid ($1.48B), and Non-Knit Women’s Suits ($1.38B).
Imports
In 2018 Morocco imported $48.3B, making it the number 54 trade destination in the world. During the last five reported years the imports of Morocco changed by $3.6B from $44.7B in 2013 to $48.3B in 2018.
The most recent imports of Morocco are led by Refined Petroleum ($4.53B), Cars ($2.24B), Petroleum Gas ($1.5B), Vehicle Parts ($1.23B), and Coal Briquettes ($1.19B).
Trade Balance
As of 2018 Morocco had a negative trade balance of $12.5B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $2.03B in net imports.
Destinations
The most common destination for the exports of Morocco are Spain ($7.45B), France ($6.94B), United States ($1.47B), Italy ($1.39B), and India ($1.3B).
Origins
The most common import partners for Morocco are Spain ($9.45B), France ($5.05B), China ($4.13B), United States ($3.62B), and Italy ($2.52B).