Overview In 2021, Morocco was the number 56 economy in the world in terms of GDP (current US$), the number 61 in total exports, the number 54 in total imports,
the number 122 economy in terms of GDP per capita (current US$) and the number 78 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Morocco are Cars ($5.19B), Mixed Mineral or Chemical Fertilizers ($5.18B), Insulated Wire ($3.58B), Phosphoric Acid ($2.25B), and Non-Knit Women's Suits ($1.81B), exporting mostly to Spain ($8.53B), France ($7.9B), India ($2.1B), Brazil ($2.06B), and Italy ($2.01B).
In 2021, Morocco was the world's biggest exporter of Phosphoric Acid ($2.25B), Calcium Phosphates ($1.62B), and Legumes ($272M)
Imports The top imports of Morocco are Refined Petroleum ($5.02B), Cars ($2.12B), Motor vehicles; parts and accessories (8701 to 8705) ($1.92B), Petroleum Gas ($1.68B), and Wheat ($1.36B), importing mostly from Spain ($11.1B), China ($6.43B), France ($5.42B), Turkey ($3.14B), and United States ($3.01B).
Location Morocco borders Algeria, Spain, and Mauritania by land and Portugal by sea.