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2023
Flag → Flag
Exports $525MRnk 28 / 168
2023
Flag → Flag
Top Product $210MCorn
2023
Flag → Flag
Exports $464MRnk 23 / 187
2023
Flag → Flag
Top Product $349MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
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GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Argentina-Morocco Trade: In 2023, Argentina exported $525M to Morocco. The main products that Argentina exported to Morocco were Corn ($210M), Soybean Oil ($145M), and Soybean Meal ($85.8M). Over the past 5 years the exports of Argentina to Morocco have increased at an annualized rate of 5.57%, from $401M in 2018 to $525M in 2023.

In 2023, Argentina did not export any services to Morocco.

Morocco-Argentina Trade: In 2023, Morocco exported $464M to Argentina. The main products that Morocco exported to Argentina were Mixed Mineral or Chemical Fertilizers ($349M), Motor vehicles; parts and accessories (8701 to 8705) ($47.8M), and Barium Sulphate ($19.2M). Over the past 5 years the exports of Morocco to Argentina have increased at an annualized rate of 22.1%,  from $171M in 2018 to $464M in 2023.

In 2023, Morocco did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $525M to Morocco. The main products exported from Argentina to Morocco were Corn ($210M), Soybean Oil ($145M), and Soybean Meal ($85.8M). During the last 5 years the exports of Argentina to Morocco have increased at an annualized rate of 5.57%, from $401M in 2018 to $525M in 2023.

In 2018, Morocco exported $464M to Argentina. The main products exported from Morocco to Argentina were Mixed Mineral or Chemical Fertilizers ($349M), Motor vehicles; parts and accessories (8701 to 8705) ($47.8M), and Barium Sulphate ($19.2M). During the last 5 years the exports of Morocco to Argentina have increased at an annualized rate of 22.1%, from $171M in 2023 to $464M in 2018.

Exports from Argentina (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Morocco (Flag)

Argentina Exports

Morocco Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Morocco
Top DestinationSpain$9.8B

This map shows whether countries import more from Argentina or Morocco. Each country is colored based on the difference in imports they receive from Argentina and Morocco or the difference in the growth in imports.

In 2023, countries that imported more from Argentina than Morocco included Brazil ($12.1B), Chile ($5.57B), and United States ($6.27B).

In 2023, countries that imported more from Morocco than Argentina included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

Difference in imports from Morocco (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Morocco

Flow
Scale

This chart compares trade between Argentina and Morocco by product, considering products traded by both, Argentina and Morocco.

During 2023, Argentina had a large net trade with Morocco in the exports of Vegetable Products ($213M), Foodstuffs ($150M), and Animal and Vegetable Bi-Products ($145M).

During 2018, Morocco had a large net trade with Argentina in the exports of Chemical Products ($362M), Transportation ($47.9M), and Machines ($19.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Morocco+$3.02MDelivery Trucks
Top Product Potential Morocco Argentina+$6.52MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Morocco. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Morocco (Flag) (2023)

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