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2022
Flag → Flag
Exports $2.99BRnk 3 / 186
2022
Flag → Flag
Top Product $1.74BMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $1.21BRnk 55 / 217
2022
Flag → Flag
Top Product $246MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Morocco-India Trade: In 2022, Morocco exported $2.99B to India. The main products that Morocco exported to India were Mixed Mineral or Chemical Fertilizers ($1.74B), Phosphoric Acid ($622M), and Calcium Phosphates ($549M). Over the past 5 years the exports of Morocco to India have increased at an annualized rate of 28%, from $870M in 2017 to $2.99B in 2022.

In 2022, Morocco did not export any services to India.

India-Morocco Trade: In 2022, India exported $1.21B to Morocco. The main products that India exported to Morocco were Refined Petroleum ($246M), Cars ($97.6M), and Non-Retail Synthetic Filament Yarn ($55.2M). Over the past 5 years the exports of India to Morocco have increased at an annualized rate of 16.4%,  from $565M in 2017 to $1.21B in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $2.99B to India. The main products exported from Morocco to India were Mixed Mineral or Chemical Fertilizers ($1.74B), Phosphoric Acid ($622M), and Calcium Phosphates ($549M). During the last 5 years the exports of Morocco to India have increased at an annualized rate of 28%, from $870M in 2017 to $2.99B in 2022.

In 2017, India exported $1.21B to Morocco. The main products exported from India to Morocco were Refined Petroleum ($246M), Cars ($97.6M), and Non-Retail Synthetic Filament Yarn ($55.2M). During the last 5 years the exports of India to Morocco have increased at an annualized rate of 16.4%, from $565M in 2022 to $1.21B in 2017.

Exports from Morocco (Flag) to India (Flag) (2022)

Exports from India (Flag) to Morocco (Flag) (2022)

Latest Data

Trade between Morocco (Flag) and India (Flag)

Morocco Exports

India Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Morocco than India included Spain ($8.55B), Pakistan ($840M), and Mauritania ($312M).

In 2022, countries that imported more from India than Morocco included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Morocco (Flag) (2022)

Comparative Advantage Morocco - India

Flow
Scale

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

During 2022, Morocco had a large net trade with India in the exports of Chemical Products ($2.37B), Mineral Products ($553M), and Metals ($38.6M).

During 2017, India had a large net trade with Morocco in the exports of Mineral Products ($274M), Textiles ($213M), and Transportation ($162M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco India+$12.4MScrap Aluminium
Top Product Potential India Morocco+$255MRefined 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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Economic Complexity

Competitive Landscape

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

Product Space of Morocco (Flag) and India (Flag) (2022)

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