2022
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GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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About

Russia-Morocco Trade: In 2022, Russia exported $1.93B to Morocco. The main products that Russia exported to Morocco were Coal Briquettes ($779M), Refined Petroleum ($602M), and Ammonia ($206M). Over the past 5 years the exports of Russia to Morocco have increased at an annualized rate of 11.6%, from $1.12B in 2017 to $1.93B in 2022.

In 2020, Russia exported services to Morocco worth $3.71M, with Transportation ($1.46M), Computer and information services ($1.24M), and Other business services ($793k) being the largest in terms of value.

Morocco-Russia Trade: In 2022, Morocco exported $89.1M to Russia. The main products that Morocco exported to Russia were Citrus ($56.2M), Processed Crustaceans ($6.61M), and Scrap Copper ($6.41M). Over the past 5 years the exports of Morocco to Russia have decreased at an annualized rate of 24.6%,  from $365M in 2017 to $89.1M in 2022.

In 2022, Morocco did not export any services to Russia.

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $1.93B to Morocco. The main products exported from Russia to Morocco were Coal Briquettes ($779M), Refined Petroleum ($602M), and Ammonia ($206M). During the last 5 years the exports of Russia to Morocco have increased at an annualized rate of 11.6%, from $1.12B in 2017 to $1.93B in 2022.

In 2017, Morocco exported $89.1M to Russia. The main products exported from Morocco to Russia were Citrus ($56.2M), Processed Crustaceans ($6.61M), and Scrap Copper ($6.41M). During the last 5 years the exports of Morocco to Russia have decreased at an annualized rate of 24.6%, from $365M in 2022 to $89.1M in 2017.

Exports from Russia (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Russia than Morocco included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Morocco than Russia included Spain ($8.55B), Bangladesh ($872M), and Djibouti ($536M).

Difference in imports from Morocco (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Morocco

Flow
Scale

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

During 2022, Russia had a large net trade with Morocco in the exports of Mineral Products ($1.41B), Chemical Products ($298M), and Metals ($88.8M).

During 2017, Morocco had a large net trade with Russia in the exports of Vegetable Products ($62.8M), Foodstuffs ($9.08M), and Animal Products ($8.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Morocco+$226MRefined Petroleum
Top Product Potential Morocco Russia+$8.27MCitrus

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

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

Product Space of Russia (Flag) and Morocco (Flag) (2022)

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