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2023
Flag → Flag
Exports $3.37BRnk 37 / 219
2023
Flag → Flag
Top Product $648MRefined Petroleum
2023
Flag → Flag
Exports $2.18BRnk 5 / 187
2023
Flag → Flag
Top Product $987MCars
2023
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Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
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Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
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GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
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GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
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GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
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GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
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GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
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GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Italy-Morocco Trade: In 2023, Italy exported $3.37B to Morocco. The main products that Italy exported to Morocco were Refined Petroleum ($648M), Semiconductor Devices ($114M), and Insulated Wire ($75.8M). Over the past 5 years the exports of Italy to Morocco have increased at an annualized rate of 3.46%, from $2.84B in 2018 to $3.37B in 2023.

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 2023, Morocco exported $2.18B to Italy. The main products that Morocco exported to Italy were Cars ($987M), Insulated Wire ($280M), and Processed Crustaceans ($138M). Over the past 5 years the exports of Morocco to Italy have increased at an annualized rate of 11.9%,  from $1.25B in 2018 to $2.18B in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Latest Trends

November, 2024

About

Overview In November 2024, Italy exported €161M and imported €193M from Morocco, resulting in a negative trade balance of €31.6M. Between November 2023 and November 2024 the exports of Italy have increased by €16.5M (11.4%) from €145M to €161M, while imports increased by €10.1M (5.54%) from €183M to €193M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€16.5M(11.4%)
IMPORT GROWTH (November 2023 - November 2024)€10.1M(5.54%)

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 2023, Italy exported $3.37B to Morocco. The main products exported from Italy to Morocco were Refined Petroleum ($648M), Semiconductor Devices ($114M), and Insulated Wire ($75.8M). During the last 5 years the exports of Italy to Morocco have increased at an annualized rate of 3.46%, from $2.84B in 2018 to $3.37B in 2023.

In 2018, Morocco exported $2.18B to Italy. The main products exported from Morocco to Italy were Cars ($987M), Insulated Wire ($280M), and Processed Crustaceans ($138M). During the last 5 years the exports of Morocco to Italy have increased at an annualized rate of 11.9%, from $1.25B in 2023 to $2.18B in 2018.

Exports from Italy (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Morocco
Top DestinationSpain$9.8B

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 2023, countries that imported more from Italy than Morocco included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

In 2023, countries that imported more from Morocco than Italy included Djibouti ($539M), Ethiopia ($677M), and Mauritania ($338M).

Difference in imports from Morocco (Flag) and Italy (Flag) (2023)

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 2023, Italy had a large net trade with Morocco in the exports of Machines ($872M), Mineral Products ($713M), and Textiles ($388M).

During 2018, Morocco had a large net trade with Italy in the exports of Transportation ($1.04B), Machines ($328M), and Foodstuffs ($234M).

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) (2023)

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