2022
Flag  
GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

Morocco-Equatorial Guinea Trade: In 2022, Morocco exported $8.5M to Equatorial Guinea. The main products that Morocco exported to Equatorial Guinea were Processed Fish ($5.88M), Raw Sugar ($1.12M), and Non-fillet Frozen Fish ($346k). Over the past 5 years the exports of Morocco to Equatorial Guinea have decreased at an annualized rate of 9%, from $13.6M in 2017 to $8.5M in 2022.

In 2022, Morocco did not export any services to Equatorial Guinea.

Equatorial Guinea-Morocco Trade: In 2022, Equatorial Guinea exported $1.04M to Morocco. The main products that Equatorial Guinea exported to Morocco were Scrap Iron ($978k), Sawn Wood ($59.9k), and Other Processed Fruits and Nuts ($193). Over the past 5 years the exports of Equatorial Guinea to Morocco have decreased at an annualized rate of 30.6%,  from $6.45M in 2017 to $1.04M in 2022.

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $8.5M to Equatorial Guinea. The main products exported from Morocco to Equatorial Guinea were Processed Fish ($5.88M), Raw Sugar ($1.12M), and Non-fillet Frozen Fish ($346k). During the last 5 years the exports of Morocco to Equatorial Guinea have decreased at an annualized rate of 9%, from $13.6M in 2017 to $8.5M in 2022.

In 2017, Equatorial Guinea exported $1.04M to Morocco. The main products exported from Equatorial Guinea to Morocco were Scrap Iron ($978k), Sawn Wood ($59.9k), and Other Processed Fruits and Nuts ($193). During the last 5 years the exports of Equatorial Guinea to Morocco have decreased at an annualized rate of 30.6%, from $6.45M in 2022 to $1.04M in 2017.

Exports from Morocco (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Morocco (Flag) (2022)

Latest Data

Trade between Morocco (Flag) and Equatorial Guinea (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Morocco than Equatorial Guinea included France ($7.92B), Spain ($8.55B), and India ($2.99B).

In 2022, countries that imported more from Equatorial Guinea than Morocco included Zambia ($1.84B), China ($1.3B), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Morocco (Flag) (2022)

Comparative Advantage Morocco - Equatorial Guinea

Flow
Scale

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

During 2022, Morocco had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($7.23M), Animal Products ($348k), and Animal and Vegetable Bi-Products ($296k).

During 2017, Equatorial Guinea had a large net trade with Morocco in the exports of Metals ($978k), Wood Products ($59.9k), and Foodstuffs ($193).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Equatorial Guinea+$266kNon-fillet Frozen Fish
Top Product Potential Equatorial Guinea Morocco+$277kScrap Iron

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

Product Space of Morocco (Flag) and Equatorial Guinea (Flag) (2022)

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