2023
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GDP
$885BCURRENT US$
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2013-2023
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GDP GROWTH
25.3%CURRENT US$
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2023
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 GDP
$144BCURRENT US$
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2013-2023
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GDP GROWTH
24.8%CURRENT US$
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2023
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GDP PC 
$99,565CURRENT US$
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2013-2023
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GDP PC GROWTH
14%CURRENT US$
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2023
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GDP PC
$3,771CURRENT US$
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GDP PC GROWTH
11.6%CURRENT US$
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About

Switzerland-Morocco Trade: In 2023, Switzerland exported $387M to Morocco. The main products that Switzerland exported to Morocco were Rolled Tobacco ($72.5M), Vaccines, blood, antisera, toxins and cultures ($49M), and Machinery Having Individual Functions ($40.3M). Over the past 5 years the exports of Switzerland to Morocco have increased at an annualized rate of 2.14%, from $348M in 2018 to $387M in 2023.

In 2019, Switzerland exported services to Morocco worth $23.5M, with Travel ($23.5M) being the largest in terms of value.

Morocco-Switzerland Trade: In 2023, Morocco exported $382M to Switzerland. The main products that Morocco exported to Switzerland were Silver ($79.5M), Cars ($58.5M), and Non-Knit Women's Suits ($37.6M). Over the past 5 years the exports of Morocco to Switzerland have increased at an annualized rate of 8.66%,  from $252M in 2018 to $382M in 2023.

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

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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, Switzerland exported $387M to Morocco. The main products exported from Switzerland to Morocco were Rolled Tobacco ($72.5M), Vaccines, blood, antisera, toxins and cultures ($49M), and Machinery Having Individual Functions ($40.3M). During the last 5 years the exports of Switzerland to Morocco have increased at an annualized rate of 2.14%, from $348M in 2018 to $387M in 2023.

In 2018, Morocco exported $382M to Switzerland. The main products exported from Morocco to Switzerland were Silver ($79.5M), Cars ($58.5M), and Non-Knit Women's Suits ($37.6M). During the last 5 years the exports of Morocco to Switzerland have increased at an annualized rate of 8.66%, from $252M in 2023 to $382M in 2018.

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

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

Latest Data

Trade between Switzerland (Flag) and Morocco (Flag)

Switzerland Exports

Morocco Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Switzerland than Morocco included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Morocco than Switzerland included Spain ($9.8B), Ethiopia ($677M), and Djibouti ($539M).

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

Comparative Advantage Switzerland - Morocco

Flow
Scale

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

During 2023, Switzerland had a large net trade with Morocco in the exports of Chemical Products ($105M), Machines ($90.6M), and Foodstuffs ($88.3M).

During 2018, Morocco had a large net trade with Switzerland in the exports of Textiles ($113M), Precious Metals ($86.4M), and Transportation ($73.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Morocco+$32.5MPackaged Medicaments
Top Product Potential Morocco Switzerland+$61.8MCars

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

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

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