2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC 
$3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Morocco-Chile Trade: In 2023, Morocco exported $60.7M to Chile. The main products that Morocco exported to Chile were Mixed Mineral or Chemical Fertilizers ($20.2M), Delivery Trucks ($13.5M), and Phosphatic Fertilizers ($8.03M). Over the past 5 years the exports of Morocco to Chile have increased at an annualized rate of 31%, from $15.7M in 2018 to $60.7M in 2023.

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

Chile-Morocco Trade: In 2023, Chile exported $61.1M to Morocco. The main products that Chile exported to Morocco were Non-Iron and Steel Slag, Ash and Residues ($22M), Other Nuts ($14M), and Sowing Seeds ($9.71M). Over the past 5 years the exports of Chile to Morocco have increased at an annualized rate of 16%,  from $29.1M in 2018 to $61.1M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $60.7M to Chile. The main products exported from Morocco to Chile were Mixed Mineral or Chemical Fertilizers ($20.2M), Delivery Trucks ($13.5M), and Phosphatic Fertilizers ($8.03M). During the last 5 years the exports of Morocco to Chile have increased at an annualized rate of 31%, from $15.7M in 2018 to $60.7M in 2023.

In 2018, Chile exported $61.1M to Morocco. The main products exported from Chile to Morocco were Non-Iron and Steel Slag, Ash and Residues ($22M), Other Nuts ($14M), and Sowing Seeds ($9.71M). During the last 5 years the exports of Chile to Morocco have increased at an annualized rate of 16%, from $29.1M in 2023 to $61.1M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Chile (Flag)

Morocco Exports

Chile Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Chile
Top Destination
China$38.2B

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

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

In 2023, countries that imported more from Chile than Morocco included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Morocco - Chile

Flow
Scale

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

During 2023, Morocco had a large net trade with Chile in the exports of Chemical Products ($28.6M), Transportation ($18.4M), and Animal and Vegetable Bi-Products ($10.6M).

During 2018, Chile had a large net trade with Morocco in the exports of Vegetable Products ($26.7M), Mineral Products ($22.3M), and Chemical Products ($9.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Chile+$25.5MCars
Top Product Potential Chile Morocco+$602kGrapes

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with