Finland (FIN) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Finland-Morocco Trade: In 2023, Finland exported $189M to Morocco. The main products that Finland exported to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($39.6M), and Kaolin Coated Paper ($16.8M). Over the past 5 years the exports of Finland to Morocco have decreased at an annualized rate of 16.7%, from $471M in 2018 to $189M in 2023.

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 2023, Morocco exported $54.9M to Finland. The main products that Morocco exported to Finland were Copper Ore ($25.6M), Tomatoes ($2.91M), and Cars ($2.83M). Over the past 5 years the exports of Morocco to Finland have increased at an annualized rate of 7.61%, from $38.1M in 2018 to $54.9M in 2023.

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

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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, Finland exported $189M to Morocco. The main products exported from Finland to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($39.6M), and Kaolin Coated Paper ($16.8M). During the last 5 years the exports of Finland to Morocco have decreased at an annualized rate of 16.7%, from $471M in 2018 to $189M in 2023.

In 2018, Morocco exported $54.9M to Finland. The main products exported from Morocco to Finland were Copper Ore ($25.6M), Tomatoes ($2.91M), and Cars ($2.83M). During the last 5 years the exports of Morocco to Finland have increased at an annualized rate of 7.61%, from $38.1M in 2023 to $54.9M in 2018.

Exports from Finland () to Morocco () (2023)

Exports from Morocco () to Finland () (2023)

Latest Data

Trade between Finland () and Morocco ()

Finland Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Morocco
Top DestinationSpain$9.8B

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 2023, countries that imported more from Finland than Morocco included United States ($9.68B), Sweden ($8.13B), and Germany ($9.26B).

In 2023, countries that imported more from Morocco than Finland included Spain ($9.8B), France ($8.23B), and Ethiopia ($677M).

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

Comparative Advantage Finland - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Morocco in the exports of Paper Goods ($59.7M), Wood Products ($48.2M), and Mineral Products ($40.3M).

During 2018, Morocco had a large net trade with Finland in the exports of Mineral Products ($26M), Textiles ($13.8M), and Vegetable Products ($5.81M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Morocco () (2023)

Exports from Morocco () to Finland () (2023)

Latest Data

Trade between Finland () and Morocco ()

Finland Exports

Morocco Exports

Market Competitiveness

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

Comparative Advantage Finland - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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