2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

Colombia-Morocco Trade: In 2023, Colombia exported $390M to Morocco. The main products that Colombia exported to Morocco were Coal Briquettes ($362M), Coke ($21.6M), and Coffee ($3.44M). Over the past 5 years the exports of Colombia to Morocco have increased at an annualized rate of 51.5%, from $48.9M in 2018 to $390M in 2023.

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

Morocco-Colombia Trade: In 2023, Morocco exported $87.7M to Colombia. The main products that Morocco exported to Colombia were Mixed Mineral or Chemical Fertilizers ($35.8M), Cement ($9.95M), and Calcium Phosphates ($7.34M). Over the past 5 years the exports of Morocco to Colombia have increased at an annualized rate of 15.8%,  from $42.1M in 2018 to $87.7M in 2023.

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

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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, Colombia exported $390M to Morocco. The main products exported from Colombia to Morocco were Coal Briquettes ($362M), Coke ($21.6M), and Coffee ($3.44M). During the last 5 years the exports of Colombia to Morocco have increased at an annualized rate of 51.5%, from $48.9M in 2018 to $390M in 2023.

In 2018, Morocco exported $87.7M to Colombia. The main products exported from Morocco to Colombia were Mixed Mineral or Chemical Fertilizers ($35.8M), Cement ($9.95M), and Calcium Phosphates ($7.34M). During the last 5 years the exports of Morocco to Colombia have increased at an annualized rate of 15.8%, from $42.1M in 2023 to $87.7M in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Morocco (Flag)

Colombia Exports

Morocco Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Colombia than Morocco included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

In 2023, countries that imported more from Morocco than Colombia included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

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

Comparative Advantage Colombia - Morocco

Flow
Scale

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

During 2023, Colombia had a large net trade with Morocco in the exports of Mineral Products ($383M), Vegetable Products ($3.63M), and Plastics and Rubbers ($1.93M).

During 2018, Morocco had a large net trade with Colombia in the exports of Chemical Products ($35.9M), Mineral Products ($20.5M), and Textiles ($19.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Morocco+$11.9MCoal Briquettes
Top Product Potential Morocco Colombia+$4.97MNon-Knit Women's Suits

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

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

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