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Pricing

2022
Flag → Flag
Exports $2.25BRnk 38 / 221
2022
Flag → Flag
Top Product $755MRefined Petroleum
2022
Flag → Flag
Exports $1.55BRnk 4 / 186
2022
Flag → Flag
Top Product $813MCars
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 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

Italy-Morocco Trade: In 2022, Italy exported $2.25B to Morocco. The main products that Italy exported to Morocco were Refined Petroleum ($755M), Semiconductor Devices ($123M), and Cars ($54.4M). Over the past 5 years the exports of Italy to Morocco have increased at an annualized rate of 27.9%, from $658M in 2017 to $2.25B in 2022.

In 2020, Italy exported services to Morocco worth $177M, with Transportation ($105M), Travel ($33.6M), and Other business services ($13.2M) being the largest in terms of value.

Morocco-Italy Trade: In 2022, Morocco exported $1.55B to Italy. The main products that Morocco exported to Italy were Cars ($813M), Insulated Wire ($358M), and Locust beans, seaweed, sugar beet, cane, for food ($140M). Over the past 5 years the exports of Morocco to Italy have increased at an annualized rate of 29.8%,  from $420M in 2017 to $1.55B in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €165M and imported €184M from Morocco, resulting in a negative trade balance of €19M. Between March 2023 and March 2024 the exports of Italy have decreased by €-6.11M (-3.58%) from €171M to €165M, while imports increased by €4.17M (2.32%) from €179M to €184M.

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)€-6.11M(-3.58%)
IMPORT GROWTH (March 2023 - March 2024)€4.17M(2.32%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Morocco and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $2.25B to Morocco. The main products exported from Italy to Morocco were Refined Petroleum ($755M), Semiconductor Devices ($123M), and Cars ($54.4M). During the last 5 years the exports of Italy to Morocco have increased at an annualized rate of 27.9%, from $658M in 2017 to $2.25B in 2022.

In 2017, Morocco exported $1.55B to Italy. The main products exported from Morocco to Italy were Cars ($813M), Insulated Wire ($358M), and Locust beans, seaweed, sugar beet, cane, for food ($140M). During the last 22 years the exports of Morocco to Italy have increased at an annualized rate of 29.8%, from $420M in 1995 to $1.55B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Italy than Morocco included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Morocco than Italy included Djibouti ($536M), Mauritania ($312M), and Pakistan ($840M).

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

Comparative Advantage Italy - Morocco

Flow
Scale

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

During 2022, Italy had a large net trade with Morocco in the exports of Mineral Products ($812M), Machines ($736M), and Textiles ($265M).

During 2017, Morocco had a large net trade with Italy in the exports of Transportation ($877M), Machines ($400M), and Foodstuffs ($249M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Morocco+$43.7MCars
Top Product Potential Morocco Italy+$182MCars

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

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

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