2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Morocco-Colombia Trade: In 2023, Morocco exported $87.7M to Colombia. The main products that Morocco exported to Colombia were Mixed Mineral or Chemical Fertilizers ($35.8M), Cement ($9.95M), and Calcium Phosphates ($7.34M). Over the past 5 years the exports of Morocco to Colombia have increased at an annualized rate of 15.8%, from $42.1M in 2018 to $87.7M in 2023.

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

Colombia-Morocco Trade: In 2023, Colombia exported $390M to Morocco. The main products that Colombia exported to Morocco were Coal Briquettes ($362M), Coke ($21.6M), and Coffee ($3.44M). Over the past 5 years the exports of Colombia to Morocco have increased at an annualized rate of 51.5%,  from $48.9M in 2018 to $390M in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $87.7M to Colombia. The main products exported from Morocco to Colombia were Mixed Mineral or Chemical Fertilizers ($35.8M), Cement ($9.95M), and Calcium Phosphates ($7.34M). During the last 5 years the exports of Morocco to Colombia have increased at an annualized rate of 15.8%, from $42.1M in 2018 to $87.7M in 2023.

In 2018, Colombia exported $390M to Morocco. The main products exported from Colombia to Morocco were Coal Briquettes ($362M), Coke ($21.6M), and Coffee ($3.44M). During the last 5 years the exports of Colombia to Morocco have increased at an annualized rate of 51.5%, from $48.9M in 2023 to $390M in 2018.

Exports from Morocco (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to Morocco (Flag) (2023)

Latest Data

Trade between Morocco (Flag) and Colombia (Flag)

Morocco Exports

Colombia Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Morocco than Colombia included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

In 2023, countries that imported more from Colombia than Morocco included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

Difference in imports from Colombia (Flag) and Morocco (Flag) (2023)

Comparative Advantage Morocco - Colombia

Flow
Scale

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

During 2023, Morocco had a large net trade with Colombia in the exports of Chemical Products ($35.9M), Mineral Products ($20.5M), and Textiles ($19.3M).

During 2018, Colombia had a large net trade with Morocco in the exports of Mineral Products ($383M), Vegetable Products ($3.63M), and Plastics and Rubbers ($1.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Colombia+$4.97MNon-Knit Women's Suits
Top Product Potential Colombia Morocco+$11.9MCoal Briquettes

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

Product Space of Morocco (Flag) and Colombia (Flag) (2023)

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