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2022
Flag → Flag
Exports $1.21BRnk 55 / 217
2022
Flag → Flag
Top Product $246MRefined Petroleum
2022
Flag → Flag
Exports $2.99BRnk 3 / 186
2022
Flag → Flag
Top Product $1.74BMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

India-Morocco Trade: In 2022, India exported $1.21B to Morocco. The main products that India exported to Morocco were Refined Petroleum ($246M), Cars ($97.6M), and Non-Retail Synthetic Filament Yarn ($55.2M). Over the past 5 years the exports of India to Morocco have increased at an annualized rate of 16.4%, from $565M in 2017 to $1.21B in 2022.

In 2022, India did not export any services to Morocco.

Morocco-India Trade: In 2022, Morocco exported $2.99B to India. The main products that Morocco exported to India were Mixed Mineral or Chemical Fertilizers ($1.74B), Phosphoric Acid ($622M), and Calcium Phosphates ($549M). Over the past 5 years the exports of Morocco to India have increased at an annualized rate of 28%,  from $870M in 2017 to $2.99B in 2022.

In 2022, Morocco did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $74.7M and imported $39.4M from Morocco, resulting in a positive trade balance of $35.3M. Between August 2023 and August 2024 the exports of India have decreased by $-63.6M (-46%) from $138M to $74.7M, while imports decreased by $-47.9M (-54.9%) from $87.3M to $39.4M.

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

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-63.6M(-46%)
IMPORT GROWTH (August 2023 - August 2024)$-47.9M(-54.9%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.21B to Morocco. The main products exported from India to Morocco were Refined Petroleum ($246M), Cars ($97.6M), and Non-Retail Synthetic Filament Yarn ($55.2M). During the last 5 years the exports of India to Morocco have increased at an annualized rate of 16.4%, from $565M in 2017 to $1.21B in 2022.

In 2017, Morocco exported $2.99B to India. The main products exported from Morocco to India were Mixed Mineral or Chemical Fertilizers ($1.74B), Phosphoric Acid ($622M), and Calcium Phosphates ($549M). During the last 5 years the exports of Morocco to India have increased at an annualized rate of 28%, from $870M in 2022 to $2.99B in 2017.

Exports from India (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Morocco
Top DestinationSpain$8.55B

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 2022, countries that imported more from India than Morocco included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Morocco than India included Spain ($8.55B), Pakistan ($840M), and Mauritania ($312M).

Difference in imports from Morocco (Flag) and India (Flag) (2022)

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 2022, India had a large net trade with Morocco in the exports of Mineral Products ($274M), Textiles ($213M), and Transportation ($162M).

During 2017, Morocco had a large net trade with India in the exports of Chemical Products ($2.37B), Mineral Products ($553M), and Metals ($38.6M).

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) (2022)

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