2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
 GDP
$144BCURRENT US$
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2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
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GDP PC 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
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GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

Hong Kong-Morocco Trade: In 2023, Hong Kong exported $32.8M to Morocco. The main products that Hong Kong exported to Morocco were Semiconductor Devices ($5.45M), Machinery Having Individual Functions ($3.09M), and Light Rubberized Knitted Fabric ($2.67M). Over the past 5 years the exports of Hong Kong to Morocco have decreased at an annualized rate of 0.68%, from $33.9M in 2018 to $32.8M in 2023.

In 2023, Hong Kong did not export any services to Morocco.

Morocco-Hong Kong Trade: In 2023, Morocco exported $461M to Hong Kong. The main products that Morocco exported to Hong Kong were Semiconductor Devices ($279M), Integrated Circuits ($159M), and Other Fruits ($7.72M). Over the past 5 years the exports of Morocco to Hong Kong have increased at an annualized rate of 33.1%,  from $110M in 2018 to $461M in 2023.

In 2023, Morocco did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $32.8M to Morocco. The main products exported from Hong Kong to Morocco were Semiconductor Devices ($5.45M), Machinery Having Individual Functions ($3.09M), and Light Rubberized Knitted Fabric ($2.67M). During the last 5 years the exports of Hong Kong to Morocco have decreased at an annualized rate of 0.68%, from $33.9M in 2018 to $32.8M in 2023.

In 2018, Morocco exported $461M to Hong Kong. The main products exported from Morocco to Hong Kong were Semiconductor Devices ($279M), Integrated Circuits ($159M), and Other Fruits ($7.72M). During the last 5 years the exports of Morocco to Hong Kong have increased at an annualized rate of 33.1%, from $110M in 2023 to $461M in 2018.

Exports from Hong Kong (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Morocco (Flag)

Hong Kong Exports

Morocco Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Hong Kong than Morocco included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Morocco than Hong Kong included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

Difference in imports from Morocco (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Morocco

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Morocco in the exports of Machines ($19.2M), Textiles ($6.19M), and Instruments ($1.67M).

During 2018, Morocco had a large net trade with Hong Kong in the exports of Machines ($445M), Vegetable Products ($8.98M), and Foodstuffs ($1.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Morocco+$8.69MIntegrated Circuits
Top Product Potential Morocco Hong Kong+$112MIntegrated Circuits

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

Product Space of Hong Kong (Flag) and Morocco (Flag) (2023)

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