Morocco (MAR) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Morocco-Thailand Trade: In 2023, Morocco exported $73.8M to Thailand. The main products that Morocco exported to Thailand were Molluscs ($11.3M), Phosphoric Acid ($8.44M), and Integrated Circuits ($8.26M). Over the past 5 years the exports of Morocco to Thailand have increased at an annualized rate of 3.94%, from $60.8M in 2018 to $73.8M in 2023.

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

Thailand-Morocco Trade: In 2023, Thailand exported $172M to Morocco. The main products that Thailand exported to Morocco were Delivery Trucks ($50.4M), Insulated Wire ($7.24M), and Office Machine Parts ($7.03M). Over the past 5 years the exports of Thailand to Morocco have increased at an annualized rate of 0.66%, from $167M in 2018 to $172M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $73.8M to Thailand. The main products exported from Morocco to Thailand were Molluscs ($11.3M), Phosphoric Acid ($8.44M), and Integrated Circuits ($8.26M). During the last 5 years the exports of Morocco to Thailand have increased at an annualized rate of 3.94%, from $60.8M in 2018 to $73.8M in 2023.

In 2018, Thailand exported $172M to Morocco. The main products exported from Thailand to Morocco were Delivery Trucks ($50.4M), Insulated Wire ($7.24M), and Office Machine Parts ($7.03M). During the last 5 years the exports of Thailand to Morocco have increased at an annualized rate of 0.66%, from $167M in 2023 to $172M in 2018.

Exports from Morocco () to Thailand () (2023)

Exports from Thailand () to Morocco () (2023)

Latest Data

Trade between Morocco () and Thailand ()

Morocco Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Morocco than Thailand included Spain ($9.8B), France ($8.23B), and Ethiopia ($677M).

In 2023, countries that imported more from Thailand than Morocco included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Morocco - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Thailand in the exports of Textiles ($20.5M), Animal Products ($16.9M), and Machines ($16M).

During 2018, Thailand had a large net trade with Morocco in the exports of Transportation ($58.6M), Machines ($47.5M), and Plastics and Rubbers ($13.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Thailand+$12.2MIntegrated Circuits

Top Product Potential Thailand Morocco+$13.5MCars

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Morocco () to Thailand () (2023)

Exports from Thailand () to Morocco () (2023)

Latest Data

Trade between Morocco () and Thailand ()

Morocco Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Morocco - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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