2023
Exports
$5.29BWorld Rnk 6 / 223
Flag Rnk 3 / 1114
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$1.57BWorld Rnk 27 / 225
Flag Rnk 7 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $5.29B in Insulated Wire, making it the 6th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 3rd most exported product in Morocco. The main destination of Insulated Wire exports from Morocco are: Spain ($2.26B), France ($601M), Germany ($524M), United Kingdom ($513M), and Italy ($280M).

The fastest growing export markets for Insulated Wire of Morocco between 2022 and 2023 were Spain ($463M), Germany ($208M), and United Kingdom ($135M).

Imports In 2023, Morocco imported $1.57B in Insulated Wire, becoming the 27th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 7th most imported product in Morocco. Morocco imports Insulated Wire primarily from: Spain ($312M), Germany ($240M), France ($217M), Portugal ($167M), and China ($118M).

The fastest growing import markets in Insulated Wire for Morocco between 2022 and 2023 were Spain ($57.7M), Germany ($55M), and Portugal ($54.2M).

COMPANIES In 2024, leading companies such as TE Connectivity (40) and Team Hardinger (2) were at the forefront of shipping Insulated Wire from Morocco to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Insulated Wire. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$5.29B
IMPORTS (2023)$1.57B
NET TRADE (2023)$3.72B

In 2023, Morocco exported $5.29B in Insulated Wire. The main destinations of Morocco exports on Insulated Wire were Spain ($2.26B), France ($601M), Germany ($524M), United Kingdom ($513M), and Italy ($280M).

In 2023, Morocco imported $1.57B in Insulated Wire, mainly from Spain ($312M), Germany ($240M), France ($217M), Portugal ($167M), and China ($118M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Spain$463M (25.7%)
Germany$208M (65.8%)
United Kingdom$135M (35.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Morocco WERE (2022 - 2023):
United States-$8.51M (-16.9%)
Cote d'Ivoire-$6.09M (-41.5%)
Slovenia-$5.85M (-20.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Morocco's main exporting competitors in Insulated Wire were:
In 2023, Morocco's main importing competitors in Insulated Wire were:

Explore Visualizations

Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $181M
TOP IMPORT POTENTIALChina+ $52.1M

Insulated Wire’s highest export potential is Germany. With an export gap of $181M.   Insulated Wire’s highest import potential is China with an import gap of $52.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with