HS Icon Phosphoric Acid in  Flag Morocco

2019
Exports | Imports
: $1.48B | $823k, World Rnk 1 / 91
Flag Rnk 4 / 1095 | World Rnk 76 / 192
Flag Rnk 901 / 1183

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $52.7M | $106k, India |  United States

2019
ECONOMIC COMPLEXITY of Morocco
: -0.53, Rnk 98 / 147

2019
PRODUCT COMPLEXITY  IN Phosphoric Acid
: -0.38, Rnk 671 / 1029

Exports: In 2019, Morocco exported $1.48B in Phosphoric Acid, making it the 1st largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 4th most exported product in Morocco. The main destination of Phosphoric Acid exports from Morocco are: India ($631M), Pakistan ($265M), Belgium ($128M), Turkey ($105M), and Netherlands ($84.4M).

The fastest growing export markets for Phosphoric Acid of Morocco between 2018 and 2019 were India ($52.7M), Pakistan ($37.2M), and United States ($25.3M).

Imports: In 2019, Morocco imported $823k in Phosphoric Acid, becoming the 76th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 901st most imported product in Morocco. Morocco imports Phosphoric Acid primarily from: Belgium ($195k), United States ($137k), Portugal ($95k), Germany ($88.5k), and China ($87.8k).

The fastest growing import markets in Phosphoric Acid for Morocco between 2018 and 2019 were United States ($106k), Portugal ($95k), and Belgium ($94.9k).

Tariffs: In 2017, the average tariff for Morocco in Phosphoric Acid was 19.7%. The countries with the highest import tariffs for Phosphoric Acid were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).

Historical Data

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Value

EXPORTS (2019): $1.48B

IMPORTS (2019): $823k

NET TRADE (2019): $1.48B

In 2019, Morocco exported $1.48B in Phosphoric Acid. The main destinations of Morocco exports on Phosphoric Acid were India ($631M), Pakistan ($265M), Belgium ($128M), Turkey ($105M), and Netherlands ($84.4M).

In 2019, Morocco imported $823k in Phosphoric Acid, mainly from Belgium ($195k), United States ($137k), Portugal ($95k), Germany ($88.5k), and China ($87.8k).

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IN 2019, Morocco HAD A POSITIVE NET TRADE IN Phosphoric Acid WITH:

Flow

THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Morocco WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Morocco WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Morocco's main exporting competitors in Phosphoric Acid were:

In 2018, Morocco's main importing competitors in Phosphoric Acid were:

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Tariffs by Country

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In 2017, the average tariff for Morocco in Phosphoric Acid was 19.7%.

The countries with the highest tariffs for Phosphoric Acid in Morocco were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).