2022
Exports
$8.84MWorld Rnk 31 / 142
Flag Rnk 239 / 1105
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$237MWorld Rnk 2 / 208
Flag Rnk 53 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $8.84M in Synthetic Fabrics, making it the 31st largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 239th most exported product in Morocco. The main destination of Synthetic Fabrics exports from Morocco are: Spain ($6.42M), Italy ($660k), France ($465k), United Kingdom ($392k), and Algeria ($238k).

The fastest growing export markets for Synthetic Fabrics of Morocco between 2021 and 2022 were Spain ($3.4M), Italy ($623k), and Algeria ($238k).

Imports In 2022, Morocco imported $237M in Synthetic Fabrics, becoming the 2nd largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 53rd most imported product in Morocco. Morocco imports Synthetic Fabrics primarily from: China ($77.2M), Turkey ($53.1M), Italy ($40.5M), South Korea ($20.9M), and Spain ($15.7M).

The fastest growing import markets in Synthetic Fabrics for Morocco between 2021 and 2022 were Turkey ($13.5M), China ($13.3M), and Spain ($6.15M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Synthetic Fabrics. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.84M
IMPORTS (2022)$237M
NET TRADE (2022)-$228M

In 2022, Morocco exported $8.84M in Synthetic Fabrics. The main destinations of Morocco exports on Synthetic Fabrics were Spain ($6.42M), Italy ($660k), France ($465k), United Kingdom ($392k), and Algeria ($238k).

In 2022, Morocco imported $237M in Synthetic Fabrics, mainly from China ($77.2M), Turkey ($53.1M), Italy ($40.5M), South Korea ($20.9M), and Spain ($15.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$3.4M (112%)
Italy$623k (1.65k%)
Algeria$238k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Morocco WERE (2021 - 2022):
Turkey-$1.72M (-88.3%)
Cote d'Ivoire-$209k (-100%)
Tunisia-$125k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Synthetic Fabrics were:
In 2022, Morocco's main importing competitors in Synthetic Fabrics were:

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $224k
TOP IMPORT POTENTIALGermany+ $1.1M

Synthetic Fabrics’s highest export potential is France. With an export gap of $224k.   Synthetic Fabrics’s highest import potential is Germany with an import gap of $1.1M.

See methodology.

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