2023
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GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
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GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

Russia-Morocco Trade: In 2023, Russia exported $896M to Morocco. The main products that Russia exported to Morocco were Refined Petroleum ($301M), Coal Briquettes ($228M), and Starch Residue ($112M). Over the past 5 years the exports of Russia to Morocco have decreased at an annualized rate of 14.4%, from $1.95B in 2018 to $896M in 2023.

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 2023, Morocco exported $98.5M to Russia. The main products that Morocco exported to Russia were Citrus ($49.1M), Scrap Copper ($16.7M), and Non-fillet Frozen Fish ($11.8M). Over the past 5 years the exports of Morocco to Russia have decreased at an annualized rate of 28.9%,  from $543M in 2018 to $98.5M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). 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
Value

In 2023, Russia exported $896M to Morocco. The main products exported from Russia to Morocco were Refined Petroleum ($301M), Coal Briquettes ($228M), and Starch Residue ($112M). During the last 5 years the exports of Russia to Morocco have decreased at an annualized rate of 14.4%, from $1.95B in 2018 to $896M in 2023.

In 2018, Morocco exported $98.5M to Russia. The main products exported from Morocco to Russia were Citrus ($49.1M), Scrap Copper ($16.7M), and Non-fillet Frozen Fish ($11.8M). During the last 5 years the exports of Morocco to Russia have decreased at an annualized rate of 28.9%, from $543M in 2023 to $98.5M in 2018.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Morocco
Top Destination
Spain$9.8B

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 2023, countries that imported more from Russia than Morocco included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Morocco than Russia included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

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

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 2023, Russia had a large net trade with Morocco in the exports of Mineral Products ($530M), Foodstuffs ($112M), and Vegetable Products ($107M).

During 2018, Morocco had a large net trade with Russia in the exports of Vegetable Products ($61.3M), Metals ($16.8M), and Animal Products ($13.5M).

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) (2023)

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