2022
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GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
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GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
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 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
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GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186
2022
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GDP PC
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Morocco-Austria Trade: In 2022, Morocco exported $155M to Austria. The main products that Morocco exported to Austria were Insulated Wire ($51.3M), Cars ($37.4M), and Other Women's Undergarments ($17.4M). Over the past 5 years the exports of Morocco to Austria have decreased at an annualized rate of 10.8%, from $273M in 2017 to $155M in 2022.

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

Austria-Morocco Trade: In 2022, Austria exported $238M to Morocco. The main products that Austria exported to Morocco were Kraft Paper ($27.5M), Insulated Wire ($14.1M), and Rubberworking Machinery ($11.3M). Over the past 5 years the exports of Austria to Morocco have increased at an annualized rate of 6.29%,  from $176M in 2017 to $238M in 2022.

In 2020, Austria exported services to Morocco worth $24M, with Computer and information services ($9.14M), Government services, n.i.e. ($5.71M), and Other business services ($4.57M) being the largest in terms of value.

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $155M to Austria. The main products exported from Morocco to Austria were Insulated Wire ($51.3M), Cars ($37.4M), and Other Women's Undergarments ($17.4M). During the last 5 years the exports of Morocco to Austria have decreased at an annualized rate of 10.8%, from $273M in 2017 to $155M in 2022.

In 2017, Austria exported $238M to Morocco. The main products exported from Austria to Morocco were Kraft Paper ($27.5M), Insulated Wire ($14.1M), and Rubberworking Machinery ($11.3M). During the last 5 years the exports of Austria to Morocco have increased at an annualized rate of 6.29%, from $176M in 2022 to $238M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Austria (Flag)

Morocco Exports

Austria Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from Morocco than Austria included Spain ($8.55B), India ($2.99B), and Bangladesh ($872M).

In 2022, countries that imported more from Austria than Morocco included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Morocco - Austria

Flow
Scale

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

During 2022, Morocco had a large net trade with Austria in the exports of Machines ($68.4M), Transportation ($37.6M), and Textiles ($25.8M).

During 2017, Austria had a large net trade with Morocco in the exports of Machines ($72.5M), Paper Goods ($36.5M), and Chemical Products ($25.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Austria+$41.5MCars
Top Product Potential Austria Morocco+$14MCars

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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Bilateral Service Trade

In 2020, Austria exported services to Morocco worth $24M, with Computer and information services ($9.14M), Government services, n.i.e. ($5.71M), and Other business services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Morocco (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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