2023
Flag  
GDP
$144BCURRENT US$
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2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
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About

Morocco-Mongolia Trade: In 2023, Morocco exported $280k to Mongolia. The main products that Morocco exported to Mongolia were Citrus ($280k). Over the past 5 years the exports of Morocco to Mongolia have decreased at an annualized rate of 25.5%, from $1.22M in 2018 to $280k in 2023.

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

Mongolia-Morocco Trade: In 2023, Mongolia exported $142k to Morocco. The main products that Mongolia exported to Morocco were Animal Organs ($121k), Knit Women's Shirts ($6.88k), and Knit Women's Suits ($4.24k). Over the past 5 years the exports of Mongolia to Morocco have increased at an annualized rate of 40%,  from $26.5k in 2018 to $142k in 2023.

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

Comparison: In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $280k to Mongolia. The main products exported from Morocco to Mongolia were Citrus ($280k). During the last 5 years the exports of Morocco to Mongolia have decreased at an annualized rate of 25.5%, from $1.22M in 2018 to $280k in 2023.

In 2018, Mongolia exported $142k to Morocco. The main products exported from Mongolia to Morocco were Animal Organs ($121k), Knit Women's Shirts ($6.88k), and Knit Women's Suits ($4.24k). During the last 5 years the exports of Mongolia to Morocco have increased at an annualized rate of 40%, from $26.5k in 2023 to $142k in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Mongolia (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Morocco than Mongolia included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

In 2023, countries that imported more from Mongolia than Morocco included China ($13.1B), Switzerland ($842M), and Uzbekistan ($3.49M).

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

Comparative Advantage Morocco - Mongolia

Flow
Scale

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

During 2023, Morocco had a large net trade with Mongolia in the exports of Vegetable Products ($280k).

During 2018, Mongolia had a large net trade with Morocco in the exports of Animal Products ($121k), Textiles ($18k), and Metals ($2.94k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Mongolia+$201kNon-Knit Women's Suits
Top Product Potential Mongolia Morocco+$88.6kAnimal Organs

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

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

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