2022
Exports
$1.17MWorld Rnk 63 / 201
Flag Rnk 448 / 1105
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$48.1MWorld Rnk 44 / 220
Flag Rnk 237 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $1.17M in Electric Soldering Equipment, making it the 63rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 448th most exported product in Morocco. The main destination of Electric Soldering Equipment exports from Morocco are: Switzerland ($270k), Tunisia ($185k), Spain ($146k), Turkey ($91.4k), and Germany ($77.8k).

The fastest growing export markets for Electric Soldering Equipment of Morocco between 2021 and 2022 were Switzerland ($228k), Tunisia ($124k), and Turkey ($90.3k).

Imports In 2022, Morocco imported $48.1M in Electric Soldering Equipment, becoming the 44th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 237th most imported product in Morocco. Morocco imports Electric Soldering Equipment primarily from: Germany ($23.6M), Italy ($5.81M), China ($4.53M), France ($4.19M), and Spain ($3.21M).

The fastest growing import markets in Electric Soldering Equipment for Morocco between 2021 and 2022 were Germany ($1.36M), South Africa ($440k), and Sweden ($414k).

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 Electric Soldering Equipment. 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)$1.17M
IMPORTS (2022)$48.1M
NET TRADE (2022)-$46.9M

In 2022, Morocco exported $1.17M in Electric Soldering Equipment. The main destinations of Morocco exports on Electric Soldering Equipment were Switzerland ($270k), Tunisia ($185k), Spain ($146k), Turkey ($91.4k), and Germany ($77.8k).

In 2022, Morocco imported $48.1M in Electric Soldering Equipment, mainly from Germany ($23.6M), Italy ($5.81M), China ($4.53M), France ($4.19M), and Spain ($3.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Switzerland$228k (544%)
Tunisia$124k (206%)
Turkey$90.3k (8.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Morocco WERE (2021 - 2022):
Italy-$134k (-76.7%)
Romania-$128k (-99.5%)
France-$70.3k (-52.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Electric Soldering Equipment were:
In 2022, Morocco's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $152k
TOP IMPORT POTENTIALChina+ $3.19M

Electric Soldering Equipment’s highest export potential is Spain. With an export gap of $152k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $3.19M.

See methodology.

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