Morocco (MAR) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Morocco-Bangladesh Trade: In 2022, Morocco exported $872M to Bangladesh. The main products that Morocco exported to Bangladesh were Mixed Mineral or Chemical Fertilizers ($452M), Phosphatic Fertilizers ($391M), and Phosphoric Acid ($13.7M). Over the past 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 56.9%, from $91.6M in 2017 to $872M in 2022.

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

Bangladesh-Morocco Trade: In 2022, Bangladesh exported $78.7M to Morocco. The main products that Bangladesh exported to Morocco were Knit Sweaters ($8.99M), Jute Yarn ($8.78M), and Textile Footwear ($7.56M). Over the past 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 8.98%, from $43.1M in 2017 to $78.7M in 2022.

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

Comparison: In 2022, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Morocco exported $872M to Bangladesh. The main products exported from Morocco to Bangladesh were Mixed Mineral or Chemical Fertilizers ($452M), Phosphatic Fertilizers ($391M), and Phosphoric Acid ($13.7M). During the last 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 56.9%, from $91.6M in 2017 to $872M in 2022.

In 2017, Bangladesh exported $78.7M to Morocco. The main products exported from Bangladesh to Morocco were Knit Sweaters ($8.99M), Jute Yarn ($8.78M), and Textile Footwear ($7.56M). During the last 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 8.98%, from $43.1M in 2022 to $78.7M in 2017.

Exports from Morocco () to Bangladesh () (2022)

Exports from Bangladesh () to Morocco () (2022)

Latest Data

Trade between Morocco () and Bangladesh ()

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$8.55B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Morocco than Bangladesh included France ($7.92B), Spain ($8.55B), and Brazil ($1.96B).

In 2022, countries that imported more from Bangladesh than Morocco included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Morocco () (2022)

Comparative Advantage Morocco - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Morocco had a large net trade with Bangladesh in the exports of Chemical Products ($857M), Mineral Products ($13.6M), and Vegetable Products ($811k).

During 2017, Bangladesh had a large net trade with Morocco in the exports of Textiles ($60.4M), Footwear and Headwear ($9.66M), and Chemical Products ($6.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Bangladesh+$7.18MPhosphoric Acid

Top Product Potential Bangladesh Morocco+$7.21MKnit Sweaters

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Morocco () to Bangladesh () (2022)

Exports from Bangladesh () to Morocco () (2022)

Latest Data

Trade between Morocco () and Bangladesh ()

Morocco Exports

Market Competitiveness

Difference in imports from Bangladesh () and Morocco () (2022)

Comparative Advantage Morocco - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Morocco () and Bangladesh () (2022)

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