HS Icon Engine Parts in  Flag Morocco

2019
Exports | Imports
: $121M | $69.4M, World Rnk 40 / 221
Flag Rnk 42 / 1095 | World Rnk 62 / 225
Flag Rnk 147 / 1183

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.1M | $3M, Czechia |  France

2019
ECONOMIC COMPLEXITY of Morocco
: -0.53, Rnk 98 / 147

2019
PRODUCT COMPLEXITY  IN Engine Parts
: 0.91, Rnk 208 / 1029

Exports: In 2019, Morocco exported $121M in Engine Parts, making it the 40th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 42nd most exported product in Morocco. The main destination of Engine Parts exports from Morocco are: France ($62.3M), United States ($27M), Czechia ($13.5M), Germany ($6.24M), and Turkey ($3.49M).

The fastest growing export markets for Engine Parts of Morocco between 2018 and 2019 were Czechia ($10.1M), Germany ($1.92M), and Austria ($904k).

Imports: In 2019, Morocco imported $69.4M in Engine Parts, becoming the 62nd largest importer of Engine Parts in the world. At the same year, Engine Parts was the 147th most imported product in Morocco. Morocco imports Engine Parts primarily from: France ($21.2M), China ($7.71M), United States ($7.07M), Germany ($6.25M), and Spain ($3.49M).

The fastest growing import markets in Engine Parts for Morocco between 2018 and 2019 were France ($3M), Brazil ($1.62M), and Singapore ($485k).

Tariffs: In 2017, the average tariff for Morocco in Engine Parts was 9.61%. The countries with the highest import tariffs for Engine Parts were Angola (Most Favoured Nation duty rate treatement, 12.2%), Burundi (Most Favoured Nation duty rate treatement, 12.2%), Benin (Most Favoured Nation duty rate treatement, 12.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 12.2%), and Botswana (Most Favoured Nation duty rate treatement, 12.2%).

Historical Data

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Value

EXPORTS (2019): $121M

IMPORTS (2019): $69.4M

NET TRADE (2019): $51.9M

In 2019, Morocco exported $121M in Engine Parts. The main destinations of Morocco exports on Engine Parts were France ($62.3M), United States ($27M), Czechia ($13.5M), Germany ($6.24M), and Turkey ($3.49M).

In 2019, Morocco imported $69.4M in Engine Parts, mainly from France ($21.2M), China ($7.71M), United States ($7.07M), Germany ($6.25M), and Spain ($3.49M).

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IN 2019, Morocco HAD A POSITIVE NET TRADE IN Engine Parts WITH:

IN 2019, Morocco HAD A NEGATIVE NET TRADE IN Engine Parts WITH:

Flow

THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Morocco WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Morocco WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Morocco's main exporting competitors in Engine Parts were:

In 2018, Morocco's main importing competitors in Engine Parts were:

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Tariffs by Country

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In 2017, the average tariff for Morocco in Engine Parts was 9.61%.

The countries with the highest tariffs for Engine Parts in Morocco were Angola (Most Favoured Nation duty rate treatement, 12.2%), Burundi (Most Favoured Nation duty rate treatement, 12.2%), Benin (Most Favoured Nation duty rate treatement, 12.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 12.2%), and Botswana (Most Favoured Nation duty rate treatement, 12.2%).