2022
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GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
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2022
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 GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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GDP PC 
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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2022
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GDP PC
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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About

Morocco-Belgium Trade: In 2022, Morocco exported $398M to Belgium. The main products that Morocco exported to Belgium were Phosphoric Acid ($309M), Cars ($199M), and Insulated Wire ($43.9M). Over the past 5 years the exports of Morocco to Belgium have increased at an annualized rate of 8.9%, from $260M in 2017 to $398M in 2022.

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

Belgium-Morocco Trade: In 2022, Belgium exported $715M to Morocco. The main products that Belgium exported to Morocco were Copper Wire ($376M), Refined Petroleum ($53.1M), and Cars ($48.3M). Over the past 5 years the exports of Belgium to Morocco have increased at an annualized rate of 19.7%,  from $291M in 2017 to $715M in 2022.

In 2020, Belgium exported services to Morocco worth $50.3M, with Transportation ($19.4M), Other business services ($17.1M), and Financial services ($4.57M) being the largest in terms of value.

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $398M to Belgium. The main products exported from Morocco to Belgium were Phosphoric Acid ($309M), Cars ($199M), and Insulated Wire ($43.9M). During the last 5 years the exports of Morocco to Belgium have increased at an annualized rate of 8.9%, from $260M in 2017 to $398M in 2022.

In 2017, Belgium exported $715M to Morocco. The main products exported from Belgium to Morocco were Copper Wire ($376M), Refined Petroleum ($53.1M), and Cars ($48.3M). During the last 18 years the exports of Belgium to Morocco have increased at an annualized rate of 19.7%, from $291M in 1999 to $715M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Belgium (Flag)

Morocco Exports

Belgium Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Morocco than Belgium included Bangladesh ($872M), Djibouti ($536M), and Pakistan ($840M).

In 2022, countries that imported more from Belgium than Morocco included Germany ($91.9B), Netherlands ($65.7B), and France ($71.1B).

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

Comparative Advantage Morocco - Belgium

Flow
Scale

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

During 2022, Morocco had a large net trade with Belgium in the exports of Chemical Products ($357M), Transportation ($207M), and Machines ($56.2M).

During 2017, Belgium had a large net trade with Morocco in the exports of Metals ($428M), Chemical Products ($177M), and Machines ($158M).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to Morocco worth $50.3M, with Transportation ($19.4M), Other business services ($17.1M), and Financial services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Morocco (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Morocco and Belgium. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Morocco.

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

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