Overview: In 2018 Morocco was the number 58 economy in the world in terms of GDP (current US$), the number 64 in total exports, the number 54 in total imports, and the number 98 most complex economy according to the Economic Complexity Index (ECI). In 2018, Morocco exported $33.7B and imported $48.3B, resulting in a negative trade balance of -$14.6B. In 2018, Morocco's exports per capita were $935 and its imports per capita were $1.34k.
Trade: The top exports of Morocco are Cars ($4.92B), Insulated Wire ($3.53B), Mixed Mineral or Chemical Fertilizers ($2.86B), Phosphoric Acid ($1.48B), and Non-Knit Women's Suits ($1.38B). The top imports of Morocco are Refined Petroleum ($4.53B), Cars ($2.24B), Petroleum Gas ($1.5B), Vehicle Parts ($1.23B), and Coal Briquettes ($1.19B).
Destinations: Morocco exports mostly to Spain ($7.45B), France ($6.94B), United States ($1.47B), Italy ($1.39B), and India ($1.3B), and imports mostly from Spain ($9.45B), France ($5.05B), China ($4.13B), United States ($3.62B), and Italy ($2.52B).
Location: Morocco borders Algeria, Spain, and Mauritania by land and Portugal by sea.