2023
Exports
$339MWorld Rnk 22 / 213
Flag Rnk 29 / 1114
2023
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.95Rnk 194 / 1025
2023
Imports
$147MWorld Rnk 37 / 221
Flag Rnk 98 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $339M in Electrical Lighting and Signalling Equipment, making it the 22nd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 29th most exported product in Morocco. The main destination of Electrical Lighting and Signalling Equipment exports from Morocco are: Spain ($247M), Portugal ($23.1M), France ($20.2M), Poland ($16.7M), and Romania ($6.02M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Morocco between 2022 and 2023 were Spain ($47.7M), Poland ($7.65M), and Portugal ($1.91M).

Imports In 2023, Morocco imported $147M in Electrical Lighting and Signalling Equipment, becoming the 37th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 98th most imported product in Morocco. Morocco imports Electrical Lighting and Signalling Equipment primarily from: Spain ($31.3M), France ($25M), China ($18.5M), Tunisia ($11.3M), and Romania ($11.1M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Morocco between 2022 and 2023 were Estonia ($7.3M), France ($3.37M), and China ($2.56M).

COMPANIES In 2024, leading companies such as Ford Motor Company (1) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Morocco to the United States.

Latest Trends

Dec 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 Electrical Lighting and Signalling 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 (2023)$339M
IMPORTS (2023)$147M
NET TRADE (2023)$192M

In 2023, Morocco exported $339M in Electrical Lighting and Signalling Equipment. The main destinations of Morocco exports on Electrical Lighting and Signalling Equipment were Spain ($247M), Portugal ($23.1M), France ($20.2M), Poland ($16.7M), and Romania ($6.02M).

In 2023, Morocco imported $147M in Electrical Lighting and Signalling Equipment, mainly from Spain ($31.3M), France ($25M), China ($18.5M), Tunisia ($11.3M), and Romania ($11.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Spain$47.7M (23.9%)
Poland$7.65M (84.5%)
Portugal$1.91M (8.97%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Morocco WERE (2022 - 2023):
Germany-$7.37M (-66.6%)
Colombia-$2.22M (-53.5%)
Brazil-$1.54M (-42.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $4.94B
In 2023, Morocco's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14M
TOP IMPORT POTENTIALChina+ $8.8M

Electrical Lighting and Signalling Equipment’s highest export potential is Germany. With an export gap of $14M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $8.8M.

See methodology.

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