Morocco / Spain

Morocco-Spain Trade: In 2023, Morocco exported $9.8B to Spain. The main products that Morocco exported to Spain were Insulated Wire ($2.26B), Non-Knit Women's Suits ($794M), and Motor vehicles; parts and accessories (8701 to 8705) ($562M). Over the past 5 years the exports of Morocco to Spain have increased at an annualized rate of 4.25%, from $7.96B in 2018 to $9.8B in 2023.

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

Spain-Morocco Trade: In 2023, Spain exported $11.7B to Morocco. The main products that Spain exported to Morocco were Refined Petroleum ($1.79B), Motor vehicles; parts and accessories (8701 to 8705) ($697M), and Petroleum Gas ($437M). Over the past 5 years the exports of Spain to Morocco have increased at an annualized rate of 5.89%,  from $8.76B in 2018 to $11.7B in 2023.

In 2009, Spain exported services to Morocco worth $860M, with Services not allocated ($575M) and Transportation ($285M) being the largest in terms of value.

Comparison: In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).