Italy-Morocco Trade: In 2022, Italy exported $3.05B 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 6.26%, from $2.25B in 2017 to $3.05B 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 $2.2B 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 7.26%, from $1.55B in 2017 to $2.2B 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).