In N/A, Spain did not export any services to Morocco.
Morocco-Spain In N/A, Morocco did not export any products to Spain.
In N/A, Morocco did not export any services to Spain.
Comparison: In 2023, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).
Overview In November 2024, Spain exported €945M and imported €832M from Morocco, resulting in a positive trade balance of €113M. Between November 2023 and November 2024 the exports of Spain have decreased by €-62M (-6.16%) from €1.01B to €945M, while imports increased by €32.3M (4.04%) from €800M to €832M.
Trade In November 2024, the top exports of Spain to Morocco were Refined Petroleum (€95.8M), Spark-Ignition Engines (€85.8M), Motor vehicles; parts and accessories (8701... (€67.4M), Soybean Oil (€47.3M), and Plastic Lids (€27.8M). In November 2024 the top imports of Spain from Morocco were Insulated Wire (€166M), Molluscs (€85.8M), Motor vehicles; parts and accessories (8701... (€45.1M), Non-Knit Women's Suits (€38.1M), and Other Fruits (€34.1M).
Origins In November 2024 the exports of Spain were mainly from Sin provincia asignada (€128M), Barcelona (€118M), Valladolid (€91M), A Coruña (€74.6M), and Madrid (€71M), while imports destinations were mainly Sin provincia asignada (€112M), Zaragoza (€111M), Madrid (€101M), Barcelona (€92.1M), and Tarragona (€69.4M).
Growth In November 2024, the decrease in Spain's year-by-year exports to Morocco was explained primarily by an decrease in product exports in Refined Petroleum (€-35.9M or -27.2%), Cars (€-13.8M or -40%), and Combustion Engines (€-11.9M or -65.4%). In November 2024, the increase in Spain's year-by-year imports from Morocco was explained primarily by an increase in product imports in N/A.
This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.
To check Morocco and Spain trade dynamics, check the bilateral page.
For full datasets download visit Bulk Download page.
) and Spain (
) (2023)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.
This visualization shows the product space at the HS4 level with the flags of Spain and Morocco. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Spain.
) and Morocco () (NaN)
Tariffs Simulator (BETA)
Chat OEC
Company Explorer
Tree map
Stacked
Network
Map
Scatter
