Morocco (MAR) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Morocco-Azerbaijan Trade: In 2023, Morocco exported $5.8M to Azerbaijan. The main products that Morocco exported to Azerbaijan were Non-Knit Women's Suits ($1.96M), Non-Knit Men's Suits ($578k), and Non-Knit Women's Shirts ($550k). Over the past 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 3.01%, from $5M in 2018 to $5.8M in 2023.

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

Azerbaijan-Morocco Trade: In 2023, Azerbaijan exported $932k to Morocco. The main products that Azerbaijan exported to Morocco were Other Nuts ($606k), Refined Petroleum ($282k), and Perfume Plants ($31.8k). Over the past 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 63.4%, from $49k in 2018 to $932k in 2023.

In 2023, Azerbaijan 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, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $5.8M to Azerbaijan. The main products exported from Morocco to Azerbaijan were Non-Knit Women's Suits ($1.96M), Non-Knit Men's Suits ($578k), and Non-Knit Women's Shirts ($550k). During the last 5 years the exports of Morocco to Azerbaijan have increased at an annualized rate of 3.01%, from $5M in 2018 to $5.8M in 2023.

In 2018, Azerbaijan exported $932k to Morocco. The main products exported from Azerbaijan to Morocco were Other Nuts ($606k), Refined Petroleum ($282k), and Perfume Plants ($31.8k). During the last 5 years the exports of Azerbaijan to Morocco have increased at an annualized rate of 63.4%, from $49k in 2023 to $932k in 2018.

Exports from Morocco () to Azerbaijan () (2023)

Exports from Azerbaijan () to Morocco () (2023)

Latest Data

Trade between Morocco () and Azerbaijan ()

Morocco Exports

Date

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Morocco than Azerbaijan included Spain ($9.8B), France ($8.23B), and United Kingdom ($2.49B).

In 2023, countries that imported more from Azerbaijan than Morocco included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

Difference in imports from Azerbaijan () and Morocco () (2023)

Comparative Advantage Morocco - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Azerbaijan in the exports of Textiles ($5.13M), Footwear and Headwear ($165k), and Machines ($113k).

During 2018, Azerbaijan had a large net trade with Morocco in the exports of Vegetable Products ($639k), Mineral Products ($282k), and Stone And Glass ($10.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Azerbaijan+$2.07MCars

Top Product Potential Azerbaijan Morocco+$9.67MRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Morocco () to Azerbaijan () (2023)

Exports from Azerbaijan () to Morocco () (2023)

Latest Data

Trade between Morocco () and Azerbaijan ()

Morocco Exports

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Morocco () (2023)

Comparative Advantage Morocco - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Morocco () and Azerbaijan () (2023)

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