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Pricing

2022
Flag → Flag
Exports $10.4MRnk 109 / 186
2022
Flag → Flag
Top Product $2.62MCleaning Products
2022
Flag → Flag
Exports $46.1MRnk 47 / 170
2022
Flag → Flag
Top Product $26.7MBananas
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Morocco-Ecuador Trade: In 2022, Morocco exported $10.4M to Ecuador. The main products that Morocco exported to Ecuador were Cleaning Products ($2.62M), Non-Knit Women's Suits ($1.93M), and Other Inorganic Acids ($1.73M). Over the past 5 years the exports of Morocco to Ecuador have increased at an annualized rate of 17.2%, from $4.69M in 2017 to $10.4M in 2022.

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

Ecuador-Morocco Trade: In 2022, Ecuador exported $46.1M to Morocco. The main products that Ecuador exported to Morocco were Bananas ($26.7M), Crustaceans ($14M), and Other Plastic Products ($3.39M). Over the past 5 years the exports of Ecuador to Morocco have increased at an annualized rate of 17%,  from $11.2M in 2017 to $46.1M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $10.4M to Ecuador. The main products exported from Morocco to Ecuador were Cleaning Products ($2.62M), Non-Knit Women's Suits ($1.93M), and Other Inorganic Acids ($1.73M). During the last 5 years the exports of Morocco to Ecuador have increased at an annualized rate of 17.2%, from $4.69M in 2017 to $10.4M in 2022.

In 2017, Ecuador exported $46.1M to Morocco. The main products exported from Ecuador to Morocco were Bananas ($26.7M), Crustaceans ($14M), and Other Plastic Products ($3.39M). During the last 5 years the exports of Ecuador to Morocco have increased at an annualized rate of 17%, from $11.2M in 2022 to $46.1M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Ecuador (Flag)

Morocco Exports

Ecuador Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Morocco than Ecuador included France ($7.92B), Spain ($8.55B), and India ($2.99B).

In 2022, countries that imported more from Ecuador than Morocco included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Morocco - Ecuador

Flow
Scale

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

During 2022, Morocco had a large net trade with Ecuador in the exports of Textiles ($5.62M), Chemical Products ($4.42M), and Machines ($177k).

During 2017, Ecuador had a large net trade with Morocco in the exports of Vegetable Products ($26.8M), Animal Products ($14.7M), and Plastics and Rubbers ($3.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Ecuador+$73.9kPrepr binder for foundry
Top Product Potential Ecuador Morocco+$4.27MCrustaceans

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

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

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