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2023
Flag → Flag
Exports $464MRnk 23 / 187
2023
Flag → Flag
Top Product $349MMixed Mineral or Chemical Fertilizers
2023
Flag → Flag
Exports $525MRnk 28 / 168
2023
Flag → Flag
Top Product $210MCorn
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Morocco-Argentina Trade: In 2023, Morocco exported $464M to Argentina. The main products that Morocco exported to Argentina were Mixed Mineral or Chemical Fertilizers ($349M), Motor vehicles; parts and accessories (8701 to 8705) ($47.8M), and Barium Sulphate ($19.2M). Over the past 5 years the exports of Morocco to Argentina have increased at an annualized rate of 22.1%, from $171M in 2018 to $464M in 2023.

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

Argentina-Morocco Trade: In 2023, Argentina exported $525M to Morocco. The main products that Argentina exported to Morocco were Corn ($210M), Soybean Oil ($145M), and Soybean Meal ($85.8M). Over the past 5 years the exports of Argentina to Morocco have increased at an annualized rate of 5.57%,  from $401M in 2018 to $525M in 2023.

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

Comparison: In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $464M to Argentina. The main products exported from Morocco to Argentina were Mixed Mineral or Chemical Fertilizers ($349M), Motor vehicles; parts and accessories (8701 to 8705) ($47.8M), and Barium Sulphate ($19.2M). During the last 5 years the exports of Morocco to Argentina have increased at an annualized rate of 22.1%, from $171M in 2018 to $464M in 2023.

In 2018, Argentina exported $525M to Morocco. The main products exported from Argentina to Morocco were Corn ($210M), Soybean Oil ($145M), and Soybean Meal ($85.8M). During the last 5 years the exports of Argentina to Morocco have increased at an annualized rate of 5.57%, from $401M in 2023 to $525M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Argentina (Flag)

Morocco Exports

Argentina Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
Argentina
Top DestinationBrazil$12.1B

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

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

In 2023, countries that imported more from Argentina than Morocco included Brazil ($12.1B), Chile ($5.57B), and United States ($6.27B).

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

Comparative Advantage Morocco - Argentina

Flow
Scale

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

During 2023, Morocco had a large net trade with Argentina in the exports of Chemical Products ($362M), Transportation ($47.9M), and Machines ($19.4M).

During 2018, Argentina had a large net trade with Morocco in the exports of Vegetable Products ($213M), Foodstuffs ($150M), and Animal and Vegetable Bi-Products ($145M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Argentina+$6.52MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Argentina Morocco+$3.02MDelivery Trucks

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

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

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