2023
Exports
$9.49kWorld Rnk 144 / 163
Flag Rnk 945 / 1114
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$2.39BWorld Rnk 35 / 220
Flag Rnk 4 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $9.49k in Petroleum Gas, making it the 144th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 945th most exported product in Morocco. The main destination of Petroleum Gas exports from Morocco are: Mauritania ($8.43k), Greece ($953), Spain ($66), and United Kingdom ($39).

The fastest growing export markets for Petroleum Gas of Morocco between 2022 and 2023 were Greece ($953), Spain ($66), and United Kingdom ($21).

Imports In 2023, Morocco imported $2.39B in Petroleum Gas, becoming the 35th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in Morocco. Morocco imports Petroleum Gas primarily from: United States ($1.73B), Spain ($437M), Netherlands ($42M), Italy ($41.7M), and Estonia ($31.8M).

The fastest growing import markets in Petroleum Gas for Morocco between 2022 and 2023 were Spain ($127M), Netherlands ($38.7M), and Italy ($17.4M).

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 Petroleum Gas. 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)$9.49k
IMPORTS (2023)$2.39B
NET TRADE (2023)-$2.39B

In 2023, Morocco exported $9.49k in Petroleum Gas. The main destinations of Morocco exports on Petroleum Gas were Mauritania ($8.43k), Greece ($953), Spain ($66), and United Kingdom ($39).

In 2023, Morocco imported $2.39B in Petroleum Gas, mainly from United States ($1.73B), Spain ($437M), Netherlands ($42M), Italy ($41.7M), and Estonia ($31.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Greece$953 (1%)
Spain$66 (1%)
United Kingdom$21 (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Morocco WERE (2022 - 2023):China-$133 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Petroleum Gas were:
In 2023, Morocco's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.77k
TOP IMPORT POTENTIALAlgeria+ $91.4M

Petroleum Gas’s highest export potential is China. With an export gap of $3.77k.   Petroleum Gas’s highest import potential is Algeria with an import gap of $91.4M.

See methodology.

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