Morocco (MAR) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Morocco-Belgium In 2022, Morocco exported $808M to Belgium. The main products that Morocco exported to Belgium are Phosphoric Acid ($309M), Cars ($199M), and Insulated Wire ($43.9M). During the last 23 years the exports of Morocco to Belgium have increased at an annualized rate of 5.06%, from $260M in 1999 to $808M in 2022.

In 2022, Morocco did not export any services to Belgium.

Belgium-Morocco In 2022, Belgium exported $1.27B to Morocco. The main products that Belgium exported to Morocco were Copper Wire ($376M), Refined Petroleum ($53.1M), and Cars ($48.3M). During the last 23 years the exports of Belgium to Morocco have increased at an annualized rate of 6.6%, from $291M in 1999 to $1.27B in 2022.

In 2020, Belgium exported services to Morocco worth $50.3M, with Transportation ($19.4M), Other business services ($17.1M), and Financial services ($4.57M) being the largest in terms of value.

Comparison In 2022, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Morocco exported $808M to Belgium. The main products exported from Morocco to Belgium were Phosphoric Acid ($309M), Cars ($199M), and Insulated Wire ($43.9M). During the last 23 years the exports of Morocco to Belgium have increased at an annualized rate of 5.06%, from $260M in 1999 to $808M in 2022.

In 2022, Belgium exported $1.27B to Morocco. The main products exported from Belgium to Morocco were Copper Wire ($376M), Refined Petroleum ($53.1M), and Cars ($48.3M). During the last 23 years the exports of Belgium to Morocco have increased at an annualized rate of 6.6%, from $291M in 1999 to $1.27B in 2022.

Exports from Morocco () to Belgium () (2022)

Exports from Belgium () to Morocco () (2022)

Latest Data

Trade between Morocco () and Belgium ()

Morocco Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$8.55B

Belgium
Top DestinationGermany$91.9B

This map shows whether countries import more from Morocco or Belgium. Each country is colored based on the difference in imports they receive from Morocco and Belgium or the difference in the growth in imports.

In 2021, countries that imported more from Morocco than Belgium were Bangladesh ($872M), Djibouti ($536M), and Pakistan ($840M).

In 2021, countries that imported more from Belgium than Morocco were Germany ($91.9B), Netherlands ($65.7B), and France ($71.1B).

Difference in imports from Belgium () and Morocco () (2022)

Comparative Advantage Morocco - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Morocco and Belgium by product, considering products traded by both, Morocco and Belgium.

During 2022, Morocco had a large net trade with Belgium in the exports of Chemical Products ($357M), Transportation ($207M), and Machines ($56.2M).

During 2022, Belgium had a large net trade with Morocco in the exports of Metals ($428M), Chemical Products ($177M), and Machines ($158M).

Service Trade

Bilateral Service Trade

Bel Year

In 2020, Belgium exported services to Morocco worth $50.3M, with Transportation ($19.4M), Other business services ($17.1M), and Financial services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium () to Morocco () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Morocco has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Morocco.

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Historical Data

Bilateral Trade by Products

Exports from Morocco () to Belgium () (2022)

Exports from Belgium () to Morocco () (2022)

Latest Data

Trade between Morocco () and Belgium ()

Morocco Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Morocco () (2022)

Comparative Advantage Morocco - Belgium

Service Trade

Bilateral Service Trade

Services Exports from Belgium () to Morocco () (2020)

Economic Complexity

Competitive Landscape

Product Space of Morocco () and Belgium () (2022)

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