Morocco (MAR) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Morocco-Italy Trade: In 2023, Morocco exported $2.18B to Italy. The main products that Morocco exported to Italy were Cars ($987M), Insulated Wire ($280M), and Processed Crustaceans ($138M). Over the past 5 years the exports of Morocco to Italy have increased at an annualized rate of 11.9%, from $1.25B in 2018 to $2.18B in 2023.

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

Italy-Morocco Trade: In 2023, Italy exported $3.37B to Morocco. The main products that Italy exported to Morocco were Refined Petroleum ($648M), Semiconductor Devices ($114M), and Insulated Wire ($75.8M). Over the past 5 years the exports of Italy to Morocco have increased at an annualized rate of 3.46%, from $2.84B in 2018 to $3.37B in 2023.

In 2020, Italy exported services to Morocco worth $177M, with Transportation ($105M), Travel ($33.6M), and Other business services ($13.2M) 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $2.18B to Italy. The main products exported from Morocco to Italy were Cars ($987M), Insulated Wire ($280M), and Processed Crustaceans ($138M). During the last 5 years the exports of Morocco to Italy have increased at an annualized rate of 11.9%, from $1.25B in 2018 to $2.18B in 2023.

In 2018, Italy exported $3.37B to Morocco. The main products exported from Italy to Morocco were Refined Petroleum ($648M), Semiconductor Devices ($114M), and Insulated Wire ($75.8M). During the last 5 years the exports of Italy to Morocco have increased at an annualized rate of 3.46%, from $2.84B in 2023 to $3.37B in 2018.

Exports from Morocco () to Italy () (2023)

Exports from Italy () to Morocco () (2023)

Latest Data

Trade between Morocco () and Italy ()

Morocco Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Morocco than Italy included Djibouti ($539M), Ethiopia ($677M), and Mauritania ($338M).

In 2023, countries that imported more from Italy than Morocco included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

Difference in imports from Italy () and Morocco () (2023)

Comparative Advantage Morocco - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Italy in the exports of Transportation ($1.04B), Machines ($328M), and Foodstuffs ($234M).

During 2018, Italy had a large net trade with Morocco in the exports of Machines ($872M), Mineral Products ($713M), and Textiles ($388M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Italy+$182MCars

Top Product Potential Italy Morocco+$43.7MCars

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

Ita Year

In 2020, Italy exported services to Morocco worth $177M, with Transportation ($105M), Travel ($33.6M), and Other business services ($13.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy () to Morocco () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Morocco () to Italy () (2023)

Exports from Italy () to Morocco () (2023)

Latest Data

Trade between Morocco () and Italy ()

Morocco Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Morocco () (2023)

Comparative Advantage Morocco - Italy

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Italy () to Morocco () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Morocco () and Italy () (2023)

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