2022
Exports | Imports
$102M | $8.59BWorld Rnk 103 / 214
Flag Rnk 56 / 1105
World Rnk 34 / 225
Flag Rnk 1 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 76 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Morocco exported $102M in Refined Petroleum, making it the 103rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 56th most exported product in Morocco. The main destination of Refined Petroleum exports from Morocco are: Senegal ($26.2M), Ghana ($18.1M), Burkina Faso ($14.6M), Mauritania ($9.92M), and Cote d'Ivoire ($9.2M).

The fastest growing export markets for Refined Petroleum of Morocco between 2021 and 2022 were Senegal ($5.88M), Mauritania ($4.17M), and Burkina Faso ($2.27M).

Imports In 2022, Morocco imported $8.59B in Refined Petroleum, becoming the 34th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Morocco. Morocco imports Refined Petroleum primarily from: Saudi Arabia ($2.98B), Spain ($1.81B), Italy ($755M), Russia ($602M), and United Kingdom ($374M).

The fastest growing import markets in Refined Petroleum for Morocco between 2021 and 2022 were Saudi Arabia ($1.79B), Spain ($312M), and Italy ($226M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Morocco to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$102M
IMPORTS (2022)$8.59B
NET TRADE (2022)-$8.49B

In 2022, Morocco exported $102M in Refined Petroleum. The main destinations of Morocco exports on Refined Petroleum were Senegal ($26.2M), Ghana ($18.1M), Burkina Faso ($14.6M), Mauritania ($9.92M), and Cote d'Ivoire ($9.2M).

In 2022, Morocco imported $8.59B in Refined Petroleum, mainly from Saudi Arabia ($2.98B), Spain ($1.81B), Italy ($755M), Russia ($602M), and United Kingdom ($374M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Senegal$5.88M (28.8%)
Mauritania$4.17M (72.6%)
Burkina Faso$2.27M (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Morocco WERE (2021 - 2022):
Spain-$3.79M (-43.7%)
Cote d'Ivoire-$2.33M (-20.2%)
Saudi Arabia-$2.26M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Morocco's main exporting competitors in Refined Petroleum were:
In 2022, Morocco's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with