2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
Flag
 GDP
$134BCURRENT US$
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2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
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2022
Flag
GDP PC 
$15,356CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
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2022
Flag
GDP PC
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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About

Chile-Morocco Trade: In 2022, Chile exported $55.7M to Morocco. The main products that Chile exported to Morocco were Other Nuts ($19.2M), Nitrites and Nitrates ($12.3M), and Sowing Seeds ($9.97M). Over the past 5 years the exports of Chile to Morocco have decreased at an annualized rate of 8.57%, from $87.1M in 2017 to $55.7M in 2022.

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

Morocco-Chile Trade: In 2022, Morocco exported $51M to Chile. The main products that Morocco exported to Chile were Cars ($28.3M), Fish oil ($8.1M), and Delivery Trucks ($7.16M). Over the past 5 years the exports of Morocco to Chile have increased at an annualized rate of 12.2%,  from $28.7M in 2017 to $51M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $55.7M to Morocco. The main products exported from Chile to Morocco were Other Nuts ($19.2M), Nitrites and Nitrates ($12.3M), and Sowing Seeds ($9.97M). During the last 5 years the exports of Chile to Morocco have decreased at an annualized rate of 8.57%, from $87.1M in 2017 to $55.7M in 2022.

In 2017, Morocco exported $51M to Chile. The main products exported from Morocco to Chile were Cars ($28.3M), Fish oil ($8.1M), and Delivery Trucks ($7.16M). During the last 5 years the exports of Morocco to Chile have increased at an annualized rate of 12.2%, from $28.7M in 2022 to $51M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Chile than Morocco included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Morocco than Chile included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Chile - Morocco

Flow
Scale

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

During 2022, Chile had a large net trade with Morocco in the exports of Vegetable Products ($31.3M), Chemical Products ($12.5M), and Mineral Products ($9.63M).

During 2017, Morocco had a large net trade with Chile in the exports of Transportation ($35.4M), Animal and Vegetable Bi-Products ($12M), and Textiles ($1.55M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Morocco+$602kGrapes
Top Product Potential Morocco Chile+$25.5MCars

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

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

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