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2023
Flag → Flag
Exports $69.3MRnk 52 / 138
2023
Flag → Flag
Top Product $8.48MKnit Sweaters
2023
Flag → Flag
Exports $407MRnk 25 / 187
2023
Flag → Flag
Top Product $213MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Bangladesh-Morocco Trade: In 2023, Bangladesh exported $69.3M to Morocco. The main products that Bangladesh exported to Morocco were Knit Sweaters ($8.48M), Non-Knit Women's Suits ($6.78M), and Knit T-shirts ($5.87M). Over the past 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 2.07%, from $62.6M in 2018 to $69.3M in 2023.

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

Morocco-Bangladesh Trade: In 2023, Morocco exported $407M to Bangladesh. The main products that Morocco exported to Bangladesh were Mixed Mineral or Chemical Fertilizers ($213M), Phosphatic Fertilizers ($185M), and Calcium Phosphates ($7.33M). Over the past 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 29.1%,  from $114M in 2018 to $407M in 2023.

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). 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
Value

In 2023, Bangladesh exported $69.3M to Morocco. The main products exported from Bangladesh to Morocco were Knit Sweaters ($8.48M), Non-Knit Women's Suits ($6.78M), and Knit T-shirts ($5.87M). During the last 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 2.07%, from $62.6M in 2018 to $69.3M in 2023.

In 2018, Morocco exported $407M to Bangladesh. The main products exported from Morocco to Bangladesh were Mixed Mineral or Chemical Fertilizers ($213M), Phosphatic Fertilizers ($185M), and Calcium Phosphates ($7.33M). During the last 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 29.1%, from $114M in 2023 to $407M in 2018.

Exports from Bangladesh (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Bangladesh than Morocco included United States ($8.58B), Germany ($8.28B), and Poland ($3.04B).

In 2023, countries that imported more from Morocco than Bangladesh included France ($8.23B), Spain ($9.8B), and Brazil ($1.47B).

Difference in imports from Morocco (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Morocco

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Morocco in the exports of Textiles ($59M), Footwear and Headwear ($8.04M), and Animal Hides ($943k).

During 2018, Morocco had a large net trade with Bangladesh in the exports of Chemical Products ($399M), Mineral Products ($7.33M), and Plastics and Rubbers ($463k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Morocco+$7.21MKnit Sweaters
Top Product Potential Morocco Bangladesh+$7.18MPhosphoric Acid

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 Bangladesh and Morocco. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Bangladesh.

Product Space of Bangladesh (Flag) and Morocco (Flag) (2023)

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