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2022
Flag → Flag
Exports $187MRnk 51 / 207
2022
Flag → Flag
Top Product $47.5MSawn Wood
2022
Flag → Flag
Exports $61.3MRnk 71 / 186
2022
Flag → Flag
Top Product $19.1MCopper Ore
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
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GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Finland-Morocco Trade: In 2022, Finland exported $187M to Morocco. The main products that Finland exported to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($23.2M), and Other Uncoated Paper ($17.3M). Over the past 5 years the exports of Finland to Morocco have decreased at an annualized rate of 3.4%, from $222M in 2017 to $187M in 2022.

In 2020, Finland exported services to Morocco worth $3.43M, with Other business services ($3.43M) being the largest in terms of value.

Morocco-Finland Trade: In 2022, Morocco exported $61.3M to Finland. The main products that Morocco exported to Finland were Copper Ore ($19.1M), Calcium Phosphates ($6.68M), and Cars ($6.58M). Over the past 5 years the exports of Morocco to Finland have increased at an annualized rate of 12.9%,  from $29.6M in 2017 to $61.3M in 2022.

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

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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
Value

In 2022, Finland exported $187M to Morocco. The main products exported from Finland to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($23.2M), and Other Uncoated Paper ($17.3M). During the last 5 years the exports of Finland to Morocco have decreased at an annualized rate of 3.4%, from $222M in 2017 to $187M in 2022.

In 2017, Morocco exported $61.3M to Finland. The main products exported from Morocco to Finland were Copper Ore ($19.1M), Calcium Phosphates ($6.68M), and Cars ($6.58M). During the last 5 years the exports of Morocco to Finland have increased at an annualized rate of 12.9%, from $29.6M in 2022 to $61.3M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Morocco (Flag)

Finland Exports

Morocco Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Finland than Morocco included Sweden ($9.1B), Germany ($9.99B), and United States ($9.17B).

In 2022, countries that imported more from Morocco than Finland included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Finland - Morocco

Flow
Scale

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

During 2022, Finland had a large net trade with Morocco in the exports of Paper Goods ($69.4M), Wood Products ($48.1M), and Mineral Products ($23.9M).

During 2017, Morocco had a large net trade with Finland in the exports of Mineral Products ($26.1M), Textiles ($12.8M), and Transportation ($7.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Morocco+$24.1MRefined Petroleum
Top Product Potential Morocco Finland+$12.7MCars

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

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

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