2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Morocco-Philippines Trade: In 2023, Morocco exported $42.3M to Philippines. The main products that Morocco exported to Philippines were Calcium Phosphates ($20.1M), Knit Women's Suits ($4.83M), and Non-Knit Women's Suits ($3.74M). Over the past 5 years the exports of Morocco to Philippines have increased at an annualized rate of 45.5%, from $6.49M in 2018 to $42.3M in 2023.

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

Philippines-Morocco Trade: In 2023, Philippines exported $37.3M to Morocco. The main products that Philippines exported to Morocco were Office Machine Parts ($12.1M), Electric Motors ($6.41M), and Insulated Wire ($3.66M). Over the past 5 years the exports of Philippines to Morocco have increased at an annualized rate of 8.5%,  from $24.8M in 2018 to $37.3M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $42.3M to Philippines. The main products exported from Morocco to Philippines were Calcium Phosphates ($20.1M), Knit Women's Suits ($4.83M), and Non-Knit Women's Suits ($3.74M). During the last 5 years the exports of Morocco to Philippines have increased at an annualized rate of 45.5%, from $6.49M in 2018 to $42.3M in 2023.

In 2018, Philippines exported $37.3M to Morocco. The main products exported from Philippines to Morocco were Office Machine Parts ($12.1M), Electric Motors ($6.41M), and Insulated Wire ($3.66M). During the last 5 years the exports of Philippines to Morocco have increased at an annualized rate of 8.5%, from $24.8M in 2023 to $37.3M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Philippines (Flag)

Morocco Exports

Philippines Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Morocco than Philippines included Spain ($9.8B), France ($8.23B), and Italy ($2.18B).

In 2023, countries that imported more from Philippines than Morocco included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Morocco - Philippines

Flow
Scale

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

During 2023, Morocco had a large net trade with Philippines in the exports of Mineral Products ($20.1M), Textiles ($18.7M), and Animal Products ($1.32M).

During 2018, Philippines had a large net trade with Morocco in the exports of Machines ($29.1M), Chemical Products ($2.86M), and Instruments ($2.38M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Philippines+$649kPlastic Lids
Top Product Potential Philippines Morocco+$5.62MInsulated Wire

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with