Iron Ore in Morocco | The Observatory of Economic Complexity

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Exports In 2023, Morocco exported $515k in Iron Ore, making it the 75th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 536th most exported product in Morocco. The main destination of Iron Ore exports from Morocco are: France ($512k), Netherlands ($1.52k), Zambia ($1.26k), and South Africa ($10).

The fastest growing export markets for Iron Ore of Morocco between 2022 and 2023 were Zambia ($1.26k) and Netherlands ($1.01k).

Imports In 2023, Morocco imported $151k in Iron Ore, becoming the 73rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1056th most imported product in Morocco. Morocco imports Iron Ore primarily from: Ireland ($137k) and France ($14.4k).

The fastest growing import markets in Iron Ore for Morocco between 2022 and 2023 were Ireland ($137k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Iron Ore. 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

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Trade Value

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Year

EXPORTS (2023)$515k

IMPORTS (2023)$151k

NET TRADE (2023)$364k

In 2023, Morocco exported $515k in Iron Ore. The main destinations of Morocco exports on Iron Ore were France ($512k), Netherlands ($1.52k), Zambia ($1.26k), and South Africa ($10).

In 2023, Morocco imported $151k in Iron Ore, mainly from Ireland ($137k) and France ($14.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Exports

Imports

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THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Morocco WERE (2022 - 2023):

Zambia$1.26k (1%)

Netherlands$1.01k (199%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Morocco WERE (2022 - 2023):

France-$386k (-43%)

China-$619 (-100%)

Romania-$12 (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Morocco's main exporting competitors in Iron Ore were:

Australia $85.4B

Brazil $34B

Canada $7.23B

In 2023, Morocco's main importing competitors in Iron Ore were:

China $112B

Japan $9.3B

South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

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TOP EXPORT POTENTIALFrance+ $380k

TOP IMPORT POTENTIALChina+ $3.05k

Iron Ore’s highest export potential is France. With an export gap of $380k. Iron Ore’s highest import potential is China with an import gap of $3.05k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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