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2022
Flag → Flag
Exports $982MRnk 20 / 168
2022
Flag → Flag
Top Product $260MSoybean Oil
2022
Flag → Flag
Exports $490MRnk 18 / 186
2022
Flag → Flag
Top Product $378MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Argentina-Morocco Trade: In 2022, Argentina exported $982M to Morocco. The main products that Argentina exported to Morocco were Soybean Oil ($260M), Corn ($243M), and Wheat ($223M). Over the past 5 years the exports of Argentina to Morocco have increased at an annualized rate of 12.5%, from $544M in 2017 to $982M in 2022.

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

Morocco-Argentina Trade: In 2022, Morocco exported $490M to Argentina. The main products that Morocco exported to Argentina were Mixed Mineral or Chemical Fertilizers ($378M), Motor vehicles; parts and accessories (8701 to 8705) ($32.3M), and Phosphatic Fertilizers ($24.8M). Over the past 5 years the exports of Morocco to Argentina have increased at an annualized rate of 31.2%,  from $126M in 2017 to $490M in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $982M to Morocco. The main products exported from Argentina to Morocco were Soybean Oil ($260M), Corn ($243M), and Wheat ($223M). During the last 5 years the exports of Argentina to Morocco have increased at an annualized rate of 12.5%, from $544M in 2017 to $982M in 2022.

In 2017, Morocco exported $490M to Argentina. The main products exported from Morocco to Argentina were Mixed Mineral or Chemical Fertilizers ($378M), Motor vehicles; parts and accessories (8701 to 8705) ($32.3M), and Phosphatic Fertilizers ($24.8M). During the last 5 years the exports of Morocco to Argentina have increased at an annualized rate of 31.2%, from $126M in 2022 to $490M in 2017.

Exports from Argentina (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Morocco (Flag)

Argentina Exports

Morocco Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Argentina than Morocco included Brazil ($12.6B), China ($8B), and United States ($6.99B).

In 2022, countries that imported more from Morocco than Argentina included France ($7.92B), Spain ($8.55B), and Italy ($2.2B).

Difference in imports from Morocco (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Morocco

Flow
Scale

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

During 2022, Argentina had a large net trade with Morocco in the exports of Vegetable Products ($498M), Animal and Vegetable Bi-Products ($260M), and Foodstuffs ($178M).

During 2017, Morocco had a large net trade with Argentina in the exports of Chemical Products ($404M), Transportation ($32.6M), and Machines ($20.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Morocco+$3.02MDelivery Trucks
Top Product Potential Morocco Argentina+$6.52MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Morocco. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Morocco (Flag) (2022)

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