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2023
Exports $50World Rnk 92 / 97
Flag Rnk 1098 / 1114
2023
Destination $50 New Caledonia
2022 - 2023
FASTEST GROWING MARKET $50New Caledonia
2023
PRODUCT COMPLEXITY IN Magnesium0.96Rnk 189 / 1025
2023
Imports $602kWorld Rnk 69 / 176
Flag Rnk 950 / 1185
2023
Origin $165k China
2022 - 2023
FASTEST GROWING ORIGIN $165kChina
2023
ECONOMIC COMPLEXITY of Morocco-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $50 in Magnesium, making it the 92nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 1098th most exported product in Morocco. The main destination of Magnesium exports from Morocco are: New Caledonia ($50).

The fastest growing export markets for Magnesium of Morocco between 2022 and 2023 were New Caledonia ($50).

Imports In 2023, Morocco imported $602k in Magnesium, becoming the 69th largest importer of Magnesium in the world. At the same year, Magnesium was the 950th most imported product in Morocco. Morocco imports Magnesium primarily from: China ($382k), Italy ($79.8k), Spain ($44.7k), Brazil ($31.1k), and Hong Kong ($24.1k).

The fastest growing import markets in Magnesium for Morocco between 2022 and 2023 were China ($165k), Italy ($32.6k), and Brazil ($31.1k).

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 Magnesium. 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)$50
IMPORTS (2023)$602k
NET TRADE (2023)-$602k

In 2023, Morocco exported $50 in Magnesium. The main destinations of Morocco exports on Magnesium were New Caledonia ($50).

In 2023, Morocco imported $602k in Magnesium, mainly from China ($382k), Italy ($79.8k), Spain ($44.7k), Brazil ($31.1k), and Hong Kong ($24.1k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Morocco WERE (2022 - 2023):New Caledonia$50 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Morocco WERE (2022 - 2023):
Germany-$29.1k (-100%)
Belgium-$121 (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Magnesium were:
China $1.5B
Israel $211M
Turkey $116M
In 2023, Morocco's main importing competitors in Magnesium were:
United States $598M
Canada $253M
Germany $203M

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $26.2k
TOP IMPORT POTENTIALChina+ $232k

Magnesium’s highest export potential is Germany. With an export gap of $26.2k.   Magnesium’s highest import potential is China with an import gap of $232k.

See methodology.

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