Greece (GRC) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Greece-Morocco Trade: In 2023, Greece exported $479M to Morocco. The main products that Greece exported to Morocco were Refined Petroleum ($343M), Petroleum Coke ($39M), and Scrap Copper ($10.7M). Over the past 5 years the exports of Greece to Morocco have increased at an annualized rate of 27.5%, from $142M in 2018 to $479M in 2023.

In 2020, Greece exported services to Morocco worth $91.7M, with Transportation ($79.8M), Travel ($4.34M), and Government services, n.i.e. ($2.97M) being the largest in terms of value.

Morocco-Greece Trade: In 2023, Morocco exported $147M to Greece. The main products that Morocco exported to Greece were Cars ($76.4M), Animal Meal and Pellets ($24.2M), and Processed Crustaceans ($9.41M). Over the past 5 years the exports of Morocco to Greece have increased at an annualized rate of 39.9%, from $27.5M in 2018 to $147M in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $479M to Morocco. The main products exported from Greece to Morocco were Refined Petroleum ($343M), Petroleum Coke ($39M), and Scrap Copper ($10.7M). During the last 5 years the exports of Greece to Morocco have increased at an annualized rate of 27.5%, from $142M in 2018 to $479M in 2023.

In 2018, Morocco exported $147M to Greece. The main products exported from Morocco to Greece were Cars ($76.4M), Animal Meal and Pellets ($24.2M), and Processed Crustaceans ($9.41M). During the last 5 years the exports of Morocco to Greece have increased at an annualized rate of 39.9%, from $27.5M in 2023 to $147M in 2018.

Exports from Greece () to Morocco () (2023)

Exports from Morocco () to Greece () (2023)

Latest Data

Trade between Greece () and Morocco ()

Greece Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Greece than Morocco included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

In 2023, countries that imported more from Morocco than Greece included Spain ($9.8B), France ($8.23B), and Brazil ($1.47B).

Difference in imports from Morocco () and Greece () (2023)

Comparative Advantage Greece - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Morocco in the exports of Mineral Products ($384M), Metals ($21.4M), and Machines ($16.4M).

During 2018, Morocco had a large net trade with Greece in the exports of Transportation ($83.2M), Foodstuffs ($38.1M), and Chemical Products ($7.18M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Morocco+$52MRefined Petroleum

Top Product Potential Morocco Greece+$26.2MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Morocco. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Greece.

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Morocco () (2023)

Exports from Morocco () to Greece () (2023)

Latest Data

Trade between Greece () and Morocco ()

Greece Exports

Morocco Exports

Market Competitiveness

Difference in imports from Morocco () and Greece () (2023)

Comparative Advantage Greece - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Morocco () (2023)

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