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2023
Flag → Flag
Exports $23.2MRnk 59 / 200
2023
Flag → Flag
Top Product $14.4MPeat
2023
Flag → Flag
Exports $1.98MRnk 143 / 187
2023
Flag → Flag
Top Product $691kSpices
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Sri Lanka-Morocco Trade: In 2023, Sri Lanka exported $23.2M to Morocco. The main products that Sri Lanka exported to Morocco were Peat ($14.4M), Rubber Apparel ($1.63M), and Coconut and Other Vegetable Fibers ($1.41M). Over the past 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 16.3%, from $10.9M in 2018 to $23.2M in 2023.

In 2023, Sri Lanka did not export any services to Morocco.

Morocco-Sri Lanka Trade: In 2023, Morocco exported $1.98M to Sri Lanka. The main products that Morocco exported to Sri Lanka were Spices ($691k), Spice Seeds ($539k), and Synthetic Fabrics ($189k). Over the past 5 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 8.78%,  from $3.13M in 2018 to $1.98M in 2023.

In 2023, Morocco did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). 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, Sri Lanka exported $23.2M to Morocco. The main products exported from Sri Lanka to Morocco were Peat ($14.4M), Rubber Apparel ($1.63M), and Coconut and Other Vegetable Fibers ($1.41M). During the last 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 16.3%, from $10.9M in 2018 to $23.2M in 2023.

In 2018, Morocco exported $1.98M to Sri Lanka. The main products exported from Morocco to Sri Lanka were Spices ($691k), Spice Seeds ($539k), and Synthetic Fabrics ($189k). During the last 5 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 8.78%, from $3.13M in 2023 to $1.98M in 2018.

Exports from Sri Lanka (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and Morocco (Flag)

Sri Lanka Exports

Date

Morocco Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Sri Lanka than Morocco included United States ($2.98B), Maldives ($168M), and Iraq ($131M).

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

Difference in imports from Morocco (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Morocco

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Morocco in the exports of Mineral Products ($14.4M), Textiles ($4.63M), and Plastics and Rubbers ($2.34M).

During 2018, Morocco had a large net trade with Sri Lanka in the exports of Vegetable Products ($1.25M), Textiles ($369k), and Mineral Products ($153k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Morocco+$924kTea
Top Product Potential Morocco Sri Lanka+$73.5kSpice Seeds

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

Product Space of Sri Lanka (Flag) and Morocco (Flag) (2023)

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