Azerbaijan (AZE) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Azerbaijan-Morocco Trade: In 2022, Azerbaijan exported $41.6M to Morocco. The main products that Azerbaijan exported to Morocco were Refined Petroleum ($34.5M), Nitrogenous Fertilizers ($6.99M), and Perfume Plants ($40.9k). Over the past 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 184%, from $224k in 2017 to $41.6M in 2022.

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

Morocco-Azerbaijan Trade: In 2022, Morocco exported $6.09M to Azerbaijan. The main products that Morocco exported to Azerbaijan were Non-Knit Women's Suits ($1.37M), Cars ($618k), and Other Heating Machinery ($463k). Over the past 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 7.88%, from $4.17M in 2017 to $6.09M in 2022.

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

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $41.6M to Morocco. The main products exported from Azerbaijan to Morocco were Refined Petroleum ($34.5M), Nitrogenous Fertilizers ($6.99M), and Perfume Plants ($40.9k). During the last 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 184%, from $224k in 2017 to $41.6M in 2022.

In 2017, Morocco exported $6.09M to Azerbaijan. The main products exported from Morocco to Azerbaijan were Non-Knit Women's Suits ($1.37M), Cars ($618k), and Other Heating Machinery ($463k). During the last 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 7.88%, from $4.17M in 2022 to $6.09M in 2017.

Exports from Azerbaijan () to Morocco () (2022)

Exports from Morocco () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Morocco ()

Azerbaijan Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Azerbaijan than Morocco included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Morocco than Azerbaijan included France ($7.92B), Spain ($8.55B), and Brazil ($1.96B).

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

Comparative Advantage Azerbaijan - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Morocco in the exports of Mineral Products ($34.5M), Chemical Products ($6.99M), and Vegetable Products ($40.9k).

During 2017, Morocco had a large net trade with Azerbaijan in the exports of Textiles ($3.67M), Machines ($896k), and Transportation ($823k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Morocco+$9.67MRefined Petroleum

Top Product Potential Morocco Azerbaijan+$2.07MCars

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Morocco () (2022)

Exports from Morocco () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Morocco ()

Azerbaijan Exports

Morocco Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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