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

About

Azerbaijan-Morocco Trade: In 2023, Azerbaijan exported $932k to Morocco. The main products that Azerbaijan exported to Morocco were Other Nuts ($606k), Refined Petroleum ($282k), and Perfume Plants ($31.8k). Over the past 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 80.2%, from $49k in 2018 to $932k in 2023.

In 2023, Azerbaijan did not export any services to Morocco.

Morocco-Azerbaijan Trade: In 2023, Morocco exported $5.8M to Azerbaijan. The main products that Morocco exported to Azerbaijan were Non-Knit Women's Suits ($1.96M), Non-Knit Men's Suits ($578k), and Non-Knit Women's Shirts ($550k). Over the past 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 3.01%, from $5M in 2018 to $5.8M in 2023.

In 2023, Morocco did not export any services to Azerbaijan.

Comparison: In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $932k to Morocco. The main products exported from Azerbaijan to Morocco were Other Nuts ($606k), Refined Petroleum ($282k), and Perfume Plants ($31.8k). During the last 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 80.2%, from $49k in 2018 to $932k in 2023.

In 2018, Morocco exported $5.8M to Azerbaijan. The main products exported from Morocco to Azerbaijan were Non-Knit Women's Suits ($1.96M), Non-Knit Men's Suits ($578k), and Non-Knit Women's Shirts ($550k). During the last 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 3.01%, from $5M in 2023 to $5.8M in 2018.

Exports from Azerbaijan () to Morocco () (2023)

Exports from Morocco () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Morocco ()

Azerbaijan Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Morocco
Top DestinationSpain$9.8B

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 2023, countries that imported more from Azerbaijan than Morocco included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Morocco than Azerbaijan included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

Difference in imports from Morocco () and Azerbaijan () (2023)

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 2023, Azerbaijan had a large net trade with Morocco in the exports of Vegetable Products ($639k), Mineral Products ($282k), and Stone And Glass ($10.5k).

During 2018, Morocco had a large net trade with Azerbaijan in the exports of Textiles ($5.13M), Footwear and Headwear ($165k), and Machines ($113k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Morocco () (2023)

Exports from Morocco () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Morocco ()

Azerbaijan Exports

Morocco Exports

Market Competitiveness

Difference in imports from Morocco () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Morocco

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Morocco () (2023)

Keep Exploring