India / Morocco

Overview In July 2024, India exported $65.9M and imported $62.8M from Morocco, resulting in a positive trade balance of $3.14M. Between July 2023 and July 2024 the exports of India have decreased by $-36.6M (-35.7%) from $103M to $65.9M, while imports decreased by $-10.8M (-14.7%) from $73.7M to $62.8M.

Trade In July 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 July 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 July 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 ($-3.95M or -74.9%). In July 2024, the decrease in India's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Inorganic Chemicals ($-35.6M or -34%), Fertilezers Crude ($-25.8M or -66.2%), and Iron And Steel ($-1.9M or -76%).