2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 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 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 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

Bangladesh-Morocco Trade: In 2022, Bangladesh exported $78.7M to Morocco. The main products that Bangladesh exported to Morocco were Knit Sweaters ($8.99M), Jute Yarn ($8.78M), and Textile Footwear ($7.56M). Over the past 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 12.8%, from $43.1M in 2017 to $78.7M in 2022.

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

Morocco-Bangladesh Trade: In 2022, Morocco exported $872M to Bangladesh. The main products that Morocco exported to Bangladesh were Mixed Mineral or Chemical Fertilizers ($452M), Phosphatic Fertilizers ($391M), and Phosphoric Acid ($13.7M). Over the past 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 56.9%,  from $91.6M in 2017 to $872M in 2022.

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

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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, Bangladesh exported $78.7M to Morocco. The main products exported from Bangladesh to Morocco were Knit Sweaters ($8.99M), Jute Yarn ($8.78M), and Textile Footwear ($7.56M). During the last 5 years the exports of Bangladesh to Morocco have increased at an annualized rate of 12.8%, from $43.1M in 2017 to $78.7M in 2022.

In 2017, Morocco exported $872M to Bangladesh. The main products exported from Morocco to Bangladesh were Mixed Mineral or Chemical Fertilizers ($452M), Phosphatic Fertilizers ($391M), and Phosphoric Acid ($13.7M). During the last 5 years the exports of Morocco to Bangladesh have increased at an annualized rate of 56.9%, from $91.6M in 2022 to $872M in 2017.

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

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

Latest Data

Trade between Bangladesh (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Bangladesh than Morocco included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Morocco than Bangladesh included France ($7.92B), Spain ($8.55B), and Brazil ($1.96B).

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

Comparative Advantage Bangladesh - Morocco

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Morocco in the exports of Textiles ($60.4M), Footwear and Headwear ($9.66M), and Chemical Products ($6.4M).

During 2017, Morocco had a large net trade with Bangladesh in the exports of Chemical Products ($857M), Mineral Products ($13.6M), and Vegetable Products ($811k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Morocco+$7.21MKnit Sweaters
Top Product Potential Morocco Bangladesh+$7.18MPhosphoric Acid

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

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

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