Nepal (NPL) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Nepal-Morocco Trade: In 2023, Nepal exported $243k to Morocco. The main products that Nepal exported to Morocco were Imitation Jewellery ($49.4k), Knotted Carpets ($46.2k), and Non-Knit Women's Suits ($34.2k). Over the past 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.06%, from $173k in 2018 to $243k in 2023.

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

Morocco-Nepal Trade: In 2023, Morocco exported $757k to Nepal. The main products that Morocco exported to Nepal were Other Printed Material ($453k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($304k). Over the past 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 12.7%, from $1.5M in 2018 to $757k in 2023.

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

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $243k to Morocco. The main products exported from Nepal to Morocco were Imitation Jewellery ($49.4k), Knotted Carpets ($46.2k), and Non-Knit Women's Suits ($34.2k). During the last 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.06%, from $173k in 2018 to $243k in 2023.

In 2018, Morocco exported $757k to Nepal. The main products exported from Morocco to Nepal were Other Printed Material ($453k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($304k). During the last 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 12.7%, from $1.5M in 2023 to $757k in 2018.

Exports from Nepal () to Morocco () (2023)

Exports from Morocco () to Nepal () (2023)

Latest Data

Trade between Nepal () and Morocco ()

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Nepal than Morocco included Burma ($184k) and Lesotho ($16.2k).

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

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

Comparative Advantage Nepal - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Morocco in the exports of Textiles ($161k), Precious Metals ($50.2k), and Vegetable Products ($13.2k).

During 2018, Morocco had a large net trade with Nepal in the exports of Paper Goods ($453k) and Chemical Products ($304k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Morocco+$46.2kTufted Carpets

Top Product Potential Morocco Nepal+$17.8kMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Morocco () (2023)

Exports from Morocco () to Nepal () (2023)

Latest Data

Trade between Nepal () and Morocco ()

Morocco Exports

Market Competitiveness

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

Comparative Advantage Nepal - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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