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Pricing

2022
Flag → Flag
Exports $490MRnk 18 / 186
2022
Flag → Flag
Top Product $378MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $982MRnk 20 / 168
2022
Flag → Flag
Top Product $260MSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Morocco-Argentina Trade: In 2022, Morocco exported $490M to Argentina. The main products that Morocco exported to Argentina were Mixed Mineral or Chemical Fertilizers ($378M), Motor vehicles; parts and accessories (8701 to 8705) ($32.3M), and Phosphatic Fertilizers ($24.8M). Over the past 5 years the exports of Morocco to Argentina have increased at an annualized rate of 31.2%, from $126M in 2017 to $490M in 2022.

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

Argentina-Morocco Trade: In 2022, Argentina exported $982M to Morocco. The main products that Argentina exported to Morocco were Soybean Oil ($260M), Corn ($243M), and Wheat ($223M). Over the past 5 years the exports of Argentina to Morocco have increased at an annualized rate of 12.5%,  from $544M in 2017 to $982M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $490M to Argentina. The main products exported from Morocco to Argentina were Mixed Mineral or Chemical Fertilizers ($378M), Motor vehicles; parts and accessories (8701 to 8705) ($32.3M), and Phosphatic Fertilizers ($24.8M). During the last 5 years the exports of Morocco to Argentina have increased at an annualized rate of 31.2%, from $126M in 2017 to $490M in 2022.

In 2017, Argentina exported $982M to Morocco. The main products exported from Argentina to Morocco were Soybean Oil ($260M), Corn ($243M), and Wheat ($223M). During the last 5 years the exports of Argentina to Morocco have increased at an annualized rate of 12.5%, from $544M in 2022 to $982M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Argentina (Flag)

Morocco Exports

Argentina Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Argentina
Top DestinationBrazil$12.6B

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 2022, countries that imported more from Morocco than Argentina included France ($7.92B), Spain ($8.55B), and Italy ($2.2B).

In 2022, countries that imported more from Argentina than Morocco included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

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 2022, Morocco had a large net trade with Argentina in the exports of Chemical Products ($404M), Transportation ($32.6M), and Machines ($20.6M).

During 2017, Argentina had a large net trade with Morocco in the exports of Vegetable Products ($498M), Animal and Vegetable Bi-Products ($260M), and Foodstuffs ($178M).

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) (2022)

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