India / Morocco

Overview In January 2024, India exported $74.2M and imported $62.6M from Morocco, resulting in a positive trade balance of $11.6M. Between January 2023 and January 2024 the exports of India have increased by $98.9k (0.13%) from $74.1M to $74.2M, while imports decreased by $-25.4M (-28.9%) from $88M to $62.6M.

Trade In January 2024, the top exports of India to Morocco were Motor Vehicle/Cars ($18.2M), Manmade Yarn,Fabrics,Madeups ($6.86M), Indl. Machnry For Dairy Etc ($4.49M), Spices ($3.42M), and Drug Formulations, Biologicals ($3.13M). In January 2024 the top imports of India from Morocco were Inorganic Chemicals ($69M), Fertilezers Crude ($13.2M), Aluminium, Products Of Aluminm ($1.94M), Electric Machinery And Equipme ($1.13M), and Iron And Steel ($600k).

Growth In January 2024, the increase in India's year-by-year exports to Morocco was explained primarily by an increase in product exports in Motor Vehicle/Cars ($7.46M or 69.4%), Indl. Machnry For Dairy Etc ($3.46M or 336%), and Rice(Other Than Basmoti) ($1.98M or 1.15k%). In January 2024, the decrease in India's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Inorganic Chemicals ($-35.6M or -34%), Fertilezers Crude ($-25.8M or -66.2%), and Iron And Steel ($-1.9M or -76%).