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2023
Flag → Flag
Exports $1.51BRnk 50 / 220
2023
Flag → Flag
Top Product $286MOther Large Iron Pipes
2023
Flag → Flag
Exports $1.41BRnk 9 / 187
2023
Flag → Flag
Top Product $512MPhosphoric Acid
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

India-Morocco Trade: In 2023, India exported $1.51B to Morocco. The main products that India exported to Morocco were Other Large Iron Pipes ($286M), Refined Petroleum ($199M), and Cars ($80.6M). Over the past 5 years the exports of India to Morocco have increased at an annualized rate of 16%, from $720M in 2018 to $1.51B in 2023.

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

Morocco-India Trade: In 2023, Morocco exported $1.41B to India. The main products that Morocco exported to India were Phosphoric Acid ($512M), Mixed Mineral or Chemical Fertilizers ($490M), and Calcium Phosphates ($324M). Over the past 5 years the exports of Morocco to India have increased at an annualized rate of 0.91%,  from $1.35B in 2018 to $1.41B in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $75.8M and imported $369M from Morocco, resulting in a negative trade balance of $294M. Between November 2023 and November 2024 the exports of India have decreased by $-775k (-1.01%) from $76.6M to $75.8M, while imports increased by $260M (238%) from $109M to $369M.

Trade In November 2024, the top exports of India to Morocco were Motor Vehicle/Cars ($18.2M), Manmade Yarn,Fabrics,Madeups ($6.86M), Indl. Machnry For Dairy Etc ($4.49M), Spices ($3.42M), and Drug Formulations, Biologicals ($3.13M). In November 2024 the top imports of India from Morocco were Inorganic Chemicals ($69M), Fertilezers Crude ($13.2M), Aluminium, Products Of Aluminm ($1.94M), Electric Machinery And Equipme ($1.13M), and Iron And Steel ($600k).

Growth In November 2024, the decrease in India's year-by-year exports to Morocco was explained primarily by an decrease in product exports in Manmade Yarn,Fabrics,Madeups ($-7.07M or -50.7%), Dairy Products ($-4.58M or -96.8%), and Plastic Raw Materials ($-3.95M or -74.9%). In November 2024, the increase in India's year-by-year imports  from Morocco was explained primarily by an increase in product imports  in Electric Machinery And Equipme ($1.07M or 1.67k%), Indl. Machnry For Dairy Etc ($121k or 200%), and Electronics Components ($103k or 71.5%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-775k(-1.01%)
IMPORT GROWTH (November 2023 - November 2024)$260M(238%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Morocco and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $1.51B to Morocco. The main products exported from India to Morocco were Other Large Iron Pipes ($286M), Refined Petroleum ($199M), and Cars ($80.6M). During the last 5 years the exports of India to Morocco have increased at an annualized rate of 16%, from $720M in 2018 to $1.51B in 2023.

In 2018, Morocco exported $1.41B to India. The main products exported from Morocco to India were Phosphoric Acid ($512M), Mixed Mineral or Chemical Fertilizers ($490M), and Calcium Phosphates ($324M). During the last 5 years the exports of Morocco to India have increased at an annualized rate of 0.91%, from $1.35B in 2023 to $1.41B in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from India than Morocco included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Morocco than India included Spain ($9.8B), France ($8.23B), and Mauritania ($338M).

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

Comparative Advantage India - Morocco

Flow
Scale

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

During 2023, India had a large net trade with Morocco in the exports of Metals ($365M), Mineral Products ($216M), and Textiles ($211M).

During 2018, Morocco had a large net trade with India in the exports of Chemical Products ($1B), Mineral Products ($330M), and Metals ($36.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Morocco+$255MRefined Petroleum
Top Product Potential Morocco India+$12.4MScrap Aluminium

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

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

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