2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186

About

Austria-Morocco Trade: In 2022, Austria exported $238M to Morocco. The main products that Austria exported to Morocco were Kraft Paper ($27.5M), Insulated Wire ($14.1M), and Rubberworking Machinery ($11.3M). Over the past 5 years the exports of Austria to Morocco have increased at an annualized rate of 6.29%, from $176M in 2017 to $238M in 2022.

In 2020, Austria exported services to Morocco worth $24M, with Computer and information services ($9.14M), Government services, n.i.e. ($5.71M), and Other business services ($4.57M) being the largest in terms of value.

Morocco-Austria Trade: In 2022, Morocco exported $155M to Austria. The main products that Morocco exported to Austria were Insulated Wire ($51.3M), Cars ($37.4M), and Other Women's Undergarments ($17.4M). Over the past 5 years the exports of Morocco to Austria have decreased at an annualized rate of 5.04%,  from $273M in 2017 to $155M in 2022.

In 2022, Morocco did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $238M to Morocco. The main products exported from Austria to Morocco were Kraft Paper ($27.5M), Insulated Wire ($14.1M), and Rubberworking Machinery ($11.3M). During the last 5 years the exports of Austria to Morocco have increased at an annualized rate of 6.29%, from $176M in 2017 to $238M in 2022.

In 2017, Morocco exported $155M to Austria. The main products exported from Morocco to Austria were Insulated Wire ($51.3M), Cars ($37.4M), and Other Women's Undergarments ($17.4M). During the last 5 years the exports of Morocco to Austria have decreased at an annualized rate of 5.04%, from $273M in 2022 to $155M in 2017.

Exports from Austria (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Morocco (Flag)

Austria Exports

Morocco Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Austria than Morocco included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Morocco than Austria included Spain ($8.55B), India ($2.99B), and Bangladesh ($872M).

Difference in imports from Morocco (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Morocco

Flow
Scale

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

During 2022, Austria had a large net trade with Morocco in the exports of Machines ($72.5M), Paper Goods ($36.5M), and Chemical Products ($25.9M).

During 2017, Morocco had a large net trade with Austria in the exports of Machines ($68.4M), Transportation ($37.6M), and Textiles ($25.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Morocco+$14MCars
Top Product Potential Morocco Austria+$41.5MCars

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 Austria and Morocco. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Morocco (Flag) (2022)

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