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2023
Flag → Flag
Exports $568MRnk 17 / 187
2023
Flag → Flag
Top Product $166MCars
2023
Flag → Flag
Exports $1.65BRnk 11 / 211
2023
Flag → Flag
Top Product $191MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Morocco-Portugal Trade: In 2023, Morocco exported $568M to Portugal. The main products that Morocco exported to Portugal were Cars ($166M), Delivery Trucks ($37.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($35.7M). Over the past 5 years the exports of Morocco to Portugal have increased at an annualized rate of 13.5%, from $301M in 2018 to $568M in 2023.

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

Portugal-Morocco Trade: In 2023, Portugal exported $1.65B to Morocco. The main products that Portugal exported to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($191M), Insulated Wire ($167M), and Light Rubberized Knitted Fabric ($85.8M). Over the past 5 years the exports of Portugal to Morocco have increased at an annualized rate of 3.25%,  from $1.32B in 2018 to $1.65B in 2023.

In 2020, Portugal exported services to Morocco worth $4.57M, with Travel ($4.57M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $568M to Portugal. The main products exported from Morocco to Portugal were Cars ($166M), Delivery Trucks ($37.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($35.7M). During the last 5 years the exports of Morocco to Portugal have increased at an annualized rate of 13.5%, from $301M in 2018 to $568M in 2023.

In 2018, Portugal exported $1.65B to Morocco. The main products exported from Portugal to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($191M), Insulated Wire ($167M), and Light Rubberized Knitted Fabric ($85.8M). During the last 5 years the exports of Portugal to Morocco have increased at an annualized rate of 3.25%, from $1.32B in 2023 to $1.65B in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Portugal (Flag)

Morocco Exports

Portugal Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Morocco than Portugal included India ($1.41B), Ethiopia ($677M), and Djibouti ($539M).

In 2023, countries that imported more from Portugal than Morocco included Spain ($17.7B), Germany ($8.12B), and United States ($6.41B).

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

Comparative Advantage Morocco - Portugal

Flow
Scale

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

During 2023, Morocco had a large net trade with Portugal in the exports of Transportation ($240M), Machines ($62.6M), and Textiles ($59.4M).

During 2018, Portugal had a large net trade with Morocco in the exports of Machines ($326M), Textiles ($298M), and Transportation ($292M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Portugal+$63.3MCars
Top Product Potential Portugal Morocco+$27.8MRefined 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, Portugal exported services to Morocco worth $4.57M, with Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (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 Portugal. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Morocco.

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

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