Mexico (MEX) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Mexico-Morocco Trade: In 2023, Mexico exported $213M to Morocco. The main products that Mexico exported to Morocco were Scrap Copper ($39.6M), Cars ($26.3M), and Insulated Wire ($26M). Over the past 5 years the exports of Mexico to Morocco have increased at an annualized rate of 9.08%, from $138M in 2018 to $213M in 2023.

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

Morocco-Mexico Trade: In 2023, Morocco exported $483M to Mexico. The main products that Morocco exported to Mexico were Calcium Phosphates ($201M), Mixed Mineral or Chemical Fertilizers ($59.5M), and Non-Knit Women's Suits ($38.4M). Over the past 5 years the exports of Morocco to Mexico have increased at an annualized rate of 3.01%, from $416M in 2018 to $483M in 2023.

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

Comparison: In 2023, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mexico exported $213M to Morocco. The main products exported from Mexico to Morocco were Scrap Copper ($39.6M), Cars ($26.3M), and Insulated Wire ($26M). During the last 5 years the exports of Mexico to Morocco have increased at an annualized rate of 9.08%, from $138M in 2018 to $213M in 2023.

In 2018, Morocco exported $483M to Mexico. The main products exported from Morocco to Mexico were Calcium Phosphates ($201M), Mixed Mineral or Chemical Fertilizers ($59.5M), and Non-Knit Women's Suits ($38.4M). During the last 5 years the exports of Morocco to Mexico have increased at an annualized rate of 3.01%, from $416M in 2023 to $483M in 2018.

Exports from Mexico () to Morocco () (2023)

Exports from Morocco () to Mexico () (2023)

Latest Data

Trade between Mexico () and Morocco ()

Mexico Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$456B

Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Mexico than Morocco included United States ($456B), Canada ($33B), and China ($15B).

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

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

Comparative Advantage Mexico - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mexico had a large net trade with Morocco in the exports of Machines ($73.5M), Metals ($41.6M), and Transportation ($33.5M).

During 2018, Morocco had a large net trade with Mexico in the exports of Mineral Products ($209M), Textiles ($98.9M), and Chemical Products ($95.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Morocco+$32MCars

Top Product Potential Morocco Mexico+$23.2MIntegrated Circuits

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Morocco () (2023)

Exports from Morocco () to Mexico () (2023)

Latest Data

Trade between Mexico () and Morocco ()

Mexico Exports

Morocco Exports

Market Competitiveness

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

Comparative Advantage Mexico - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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