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2022
Exports $1.08MWorld Rnk 53 / 153
Flag Rnk 460 / 1105
2022
Destination $553k Spain
2021 - 2022
FASTEST GROWING MARKET $553kSpain
2022
PRODUCT COMPLEXITY IN Insect Resins-2.5Rnk 1019 / 1025
2022
Imports $3.4MWorld Rnk 48 / 197
Flag Rnk 704 / 1188
2022
Origin $252k Somalia
2021 - 2022
FASTEST GROWING ORIGIN $252kFrance
2022
ECONOMIC COMPLEXITY of Morocco-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $1.08M in Insect Resins, making it the 53rd largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 460th most exported product in Morocco. The main destination of Insect Resins exports from Morocco are: Spain ($557k), Somalia ($229k), United States ($129k), United Arab Emirates ($70.1k), and France ($43k).

The fastest growing export markets for Insect Resins of Morocco between 2021 and 2022 were Spain ($553k), Somalia ($229k), and United Arab Emirates ($70.1k).

Imports In 2022, Morocco imported $3.4M in Insect Resins, becoming the 48th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 704th most imported product in Morocco. Morocco imports Insect Resins primarily from: Somalia ($1.06M), France ($421k), Indonesia ($314k), Singapore ($245k), and Germany ($210k).

The fastest growing import markets in Insect Resins for Morocco between 2021 and 2022 were France ($252k), Indonesia ($189k), and United Kingdom ($171k).

Latest Trends

Oct 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 Insect Resins. 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)$1.08M
IMPORTS (2022)$3.4M
NET TRADE (2022)-$2.33M

In 2022, Morocco exported $1.08M in Insect Resins. The main destinations of Morocco exports on Insect Resins were Spain ($557k), Somalia ($229k), United States ($129k), United Arab Emirates ($70.1k), and France ($43k).

In 2022, Morocco imported $3.4M in Insect Resins, mainly from Somalia ($1.06M), France ($421k), Indonesia ($314k), Singapore ($245k), and Germany ($210k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$553k (16k%)
Somalia$229k (1%)
United Arab Emirates$70.1k (3.51M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Morocco WERE (2021 - 2022):
France-$302k (-87.5%)
Germany-$9.93k (-96.5%)
Libya-$8.62k (-61.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Insect Resins were:
Sudan $194M
France $193M
Afghanistan $126M
In 2022, Morocco's main importing competitors in Insect Resins were:
India $260M
United States $157M
France $127M

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $156k
TOP IMPORT POTENTIALFrance+ $143k

Insect Resins’s highest export potential is United States. With an export gap of $156k.   Insect Resins’s highest import potential is France with an import gap of $143k.

See methodology.

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