Morocco (MAR) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Morocco-Brazil Trade: In 2023, Morocco exported $1.47B to Brazil. The main products that Morocco exported to Brazil were Mixed Mineral or Chemical Fertilizers ($956M), Phosphatic Fertilizers ($285M), and Phosphoric Acid ($70.1M). Over the past 5 years the exports of Morocco to Brazil have increased at an annualized rate of 8.55%, from $978M in 2018 to $1.47B in 2023.

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

Brazil-Morocco Trade: In 2023, Brazil exported $1.4B to Morocco. The main products that Brazil exported to Morocco were Raw Sugar ($885M), Corn ($322M), and Frozen Bovine Meat ($24.8M). Over the past 5 years the exports of Brazil to Morocco have increased at an annualized rate of 14.3%, from $550M in 2018 to $1.4B in 2023.

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

Comparison: In 2023, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $1.47B to Brazil. The main products exported from Morocco to Brazil were Mixed Mineral or Chemical Fertilizers ($956M), Phosphatic Fertilizers ($285M), and Phosphoric Acid ($70.1M). During the last 5 years the exports of Morocco to Brazil have increased at an annualized rate of 8.55%, from $978M in 2018 to $1.47B in 2023.

In 2018, Brazil exported $1.4B to Morocco. The main products exported from Brazil to Morocco were Raw Sugar ($885M), Corn ($322M), and Frozen Bovine Meat ($24.8M). During the last 5 years the exports of Brazil to Morocco have increased at an annualized rate of 14.3%, from $550M in 2023 to $1.4B in 2018.

Exports from Morocco () to Brazil () (2023)

Exports from Brazil () to Morocco () (2023)

Latest Data

Trade between Morocco () and Brazil ()

Morocco Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Morocco than Brazil included France ($8.23B), Spain ($9.8B), and Ethiopia ($677M).

In 2023, countries that imported more from Brazil than Morocco included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and Morocco () (2023)

Comparative Advantage Morocco - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Brazil in the exports of Chemical Products ($1.35B), Textiles ($39.8M), and Machines ($30M).

During 2018, Brazil had a large net trade with Morocco in the exports of Foodstuffs ($916M), Vegetable Products ($362M), and Animal Products ($42.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Brazil+$11MInsulated Wire

Top Product Potential Brazil Morocco+$10.3MCorn

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 Brazil. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Morocco.

About

Historical Data

Bilateral Trade by Products

Exports from Morocco () to Brazil () (2023)

Exports from Brazil () to Morocco () (2023)

Latest Data

Trade between Morocco () and Brazil ()

Morocco Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Morocco () (2023)

Comparative Advantage Morocco - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Morocco () and Brazil () (2023)

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