Sign In
Pricing

2022
Flag → Flag
Exports $2.44MRnk 59 / 160
2022
Flag → Flag
Top Product $972kMolluscs
2022
Flag → Flag
Exports $16.9MRnk 99 / 186
2022
Flag → Flag
Top Product $4.49MFish Oil
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Iceland-Morocco Trade: In 2022, Iceland exported $2.44M to Morocco. The main products that Iceland exported to Morocco were Molluscs ($972k), Scrap Iron ($956k), and Non-fillet Frozen Fish ($116k). Over the past 5 years the exports of Iceland to Morocco have decreased at an annualized rate of 12.6%, from $4.78M in 2017 to $2.44M in 2022.

In 2019, Iceland exported services to Morocco worth $112k, with Travel ($112k) being the largest in terms of value.

Morocco-Iceland Trade: In 2022, Morocco exported $16.9M to Iceland. The main products that Morocco exported to Iceland were Fish Oil ($4.49M), Passenger and Cargo Ships ($2.62M), and Other Fruits ($2.08M). Over the past 5 years the exports of Morocco to Iceland have increased at an annualized rate of 29%,  from $4.72M in 2017 to $16.9M in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $2.44M to Morocco. The main products exported from Iceland to Morocco were Molluscs ($972k), Scrap Iron ($956k), and Non-fillet Frozen Fish ($116k). During the last 5 years the exports of Iceland to Morocco have decreased at an annualized rate of 12.6%, from $4.78M in 2017 to $2.44M in 2022.

In 2017, Morocco exported $16.9M to Iceland. The main products exported from Morocco to Iceland were Fish Oil ($4.49M), Passenger and Cargo Ships ($2.62M), and Other Fruits ($2.08M). During the last 5 years the exports of Morocco to Iceland have increased at an annualized rate of 29%, from $4.72M in 2022 to $16.9M in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Morocco (Flag)

Iceland Exports

Morocco Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Iceland than Morocco included Netherlands ($1.97B), Norway ($459M), and Denmark ($257M).

In 2022, countries that imported more from Morocco than Iceland included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Iceland - Morocco

Flow
Scale

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

During 2022, Iceland had a large net trade with Morocco in the exports of Animal Products ($1.18M), Metals ($1.02M), and Machines ($81.6k).

During 2017, Morocco had a large net trade with Iceland in the exports of Transportation ($6.07M), Animal and Vegetable Bi-Products ($4.49M), and Vegetable Products ($2.91M).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Morocco (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms