2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$3,528CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
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About

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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $3.05B 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 6.26%, from $2.25B in 2017 to $3.05B in 2022.

In 2017, Morocco exported $2.2B 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 5 years the exports of Morocco to Italy have increased at an annualized rate of 7.26%, from $1.55B in 2022 to $2.2B in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Morocco
Top Destination
Spain$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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