2023
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GDP
$144BCURRENT US$
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2013-2023
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GDP GROWTH
24.8%CURRENT US$
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2023
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 GDP
$243BCURRENT US$
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2013-2023
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GDP GROWTH
2.93%CURRENT US$
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2023
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GDP PC 
$3,771CURRENT US$
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2013-2023
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GDP PC GROWTH
11.6%CURRENT US$
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2023
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GDP PC
$23,401CURRENT US$
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2013-2023
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GDP PC GROWTH
8.47%CURRENT US$
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About

Morocco-Greece Trade: In 2023, Morocco exported $147M to Greece. The main products that Morocco exported to Greece were Cars ($76.4M), Animal Meal and Pellets ($24.2M), and Processed Crustaceans ($9.41M). Over the past 5 years the exports of Morocco to Greece have increased at an annualized rate of 39.9%, from $27.5M in 2018 to $147M in 2023.

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

Greece-Morocco Trade: In 2023, Greece exported $479M to Morocco. The main products that Greece exported to Morocco were Refined Petroleum ($343M), Petroleum Coke ($39M), and Scrap Copper ($10.7M). Over the past 5 years the exports of Greece to Morocco have increased at an annualized rate of 22.5%,  from $142M in 2018 to $479M in 2023.

In 2020, Greece exported services to Morocco worth $91.7M, with Transportation ($79.8M), Travel ($4.34M), and Government services, n.i.e. ($2.97M) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $147M to Greece. The main products exported from Morocco to Greece were Cars ($76.4M), Animal Meal and Pellets ($24.2M), and Processed Crustaceans ($9.41M). During the last 5 years the exports of Morocco to Greece have increased at an annualized rate of 39.9%, from $27.5M in 2018 to $147M in 2023.

In 2018, Greece exported $479M to Morocco. The main products exported from Greece to Morocco were Refined Petroleum ($343M), Petroleum Coke ($39M), and Scrap Copper ($10.7M). During the last 5 years the exports of Greece to Morocco have increased at an annualized rate of 22.5%, from $142M in 2023 to $479M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Greece (Flag)

Morocco Exports

Greece Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Morocco than Greece included Spain ($9.8B), France ($8.23B), and Brazil ($1.47B).

In 2023, countries that imported more from Greece than Morocco included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Morocco - Greece

Flow
Scale

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

During 2023, Morocco had a large net trade with Greece in the exports of Transportation ($83.2M), Foodstuffs ($38.1M), and Chemical Products ($7.18M).

During 2018, Greece had a large net trade with Morocco in the exports of Mineral Products ($384M), Metals ($21.4M), and Machines ($16.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Greece+$26.2MCars
Top Product Potential Greece Morocco+$52MRefined Petroleum

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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Bilateral Service Trade

In 2020, Greece exported services to Morocco worth $91.7M, with Transportation ($79.8M), Travel ($4.34M), and Government services, n.i.e. ($2.97M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (Flag) to Morocco (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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