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2022
Exports $2.29BWorld Rnk 1 / 106
Flag Rnk 4 / 1105
2022
Destination $222M India
2021 - 2022
FASTEST GROWING MARKET $222MPakistan
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $1.41MWorld Rnk 85 / 191
Flag Rnk 847 / 1188
2022
Origin $380k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $380kNetherlands
2022
ECONOMIC COMPLEXITY of Morocco-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $2.29B 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 ($622M), Pakistan ($608M), Belgium ($309M), Spain ($186M), and Brazil ($177M).

The fastest growing export markets for Phosphoric Acid of Morocco between 2021 and 2022 were Pakistan ($222M), Belgium ($105M), and Brazil ($66.3M).

Imports In 2022, Morocco imported $1.41M in Phosphoric Acid, becoming the 85th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 847th most imported product in Morocco. Morocco imports Phosphoric Acid primarily from: Netherlands ($381k), Belgium ($246k), India ($212k), United States ($148k), and Germany ($138k).

The fastest growing import markets in Phosphoric Acid for Morocco between 2021 and 2022 were Netherlands ($380k), India ($209k), and France ($37.8k).

Latest Trends

Oct 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 Phosphoric Acid. 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 (2022)$2.29B
IMPORTS (2022)$1.41M
NET TRADE (2022)$2.29B

In 2022, Morocco exported $2.29B in Phosphoric Acid. The main destinations of Morocco exports on Phosphoric Acid were India ($622M), Pakistan ($608M), Belgium ($309M), Spain ($186M), and Brazil ($177M).

In 2022, Morocco imported $1.41M in Phosphoric Acid, mainly from Netherlands ($381k), Belgium ($246k), India ($212k), United States ($148k), and Germany ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Pakistan$222M (57.5%)
Belgium$105M (51.5%)
Brazil$66.3M (60.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Morocco WERE (2021 - 2022):
India-$175M (-22%)
Mexico-$46.6M (-63.4%)
Turkey-$43M (-23.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Phosphoric Acid were:
China $973M
Senegal $846M
In 2022, Morocco's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.1M
TOP IMPORT POTENTIALBelgium+ $129k

Phosphoric Acid’s highest export potential is United States. With an export gap of $18.1M.   Phosphoric Acid’s highest import potential is Belgium with an import gap of $129k.

See methodology.

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