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2023
Flag → Flag
Exports $54.9MRnk 71 / 187
2023
Flag → Flag
Top Product $25.6MCopper Ore
2023
Flag → Flag
Exports $189MRnk 49 / 206
2023
Flag → Flag
Top Product $47.5MSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
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Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
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GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
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 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC $3,771CURRENT US$
Rnk 134 / 195
2013-2023
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GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195
2023
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GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Morocco-Finland Trade: In 2023, Morocco exported $54.9M to Finland. The main products that Morocco exported to Finland were Copper Ore ($25.6M), Tomatoes ($2.91M), and Cars ($2.83M). Over the past 5 years the exports of Morocco to Finland have increased at an annualized rate of 7.61%, from $38.1M in 2018 to $54.9M in 2023.

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

Finland-Morocco Trade: In 2023, Finland exported $189M to Morocco. The main products that Finland exported to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($39.6M), and Kaolin Coated Paper ($16.8M). Over the past 5 years the exports of Finland to Morocco have decreased at an annualized rate of 16.7%,  from $471M in 2018 to $189M in 2023.

In 2020, Finland exported services to Morocco worth $3.43M, with Other business services ($3.43M) being the largest in terms of value.

Comparison: In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $54.9M to Finland. The main products exported from Morocco to Finland were Copper Ore ($25.6M), Tomatoes ($2.91M), and Cars ($2.83M). During the last 5 years the exports of Morocco to Finland have increased at an annualized rate of 7.61%, from $38.1M in 2018 to $54.9M in 2023.

In 2018, Finland exported $189M to Morocco. The main products exported from Finland to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($39.6M), and Kaolin Coated Paper ($16.8M). During the last 5 years the exports of Finland to Morocco have decreased at an annualized rate of 16.7%, from $471M in 2023 to $189M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Finland (Flag)

Morocco Exports

Finland Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Morocco than Finland included Spain ($9.8B), France ($8.23B), and Ethiopia ($677M).

In 2023, countries that imported more from Finland than Morocco included United States ($9.68B), Sweden ($8.13B), and Germany ($9.26B).

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

Comparative Advantage Morocco - Finland

Flow
Scale

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

During 2023, Morocco had a large net trade with Finland in the exports of Mineral Products ($26M), Textiles ($13.8M), and Vegetable Products ($5.81M).

During 2018, Finland had a large net trade with Morocco in the exports of Paper Goods ($59.7M), Wood Products ($48.2M), and Mineral Products ($40.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Finland+$12.7MCars
Top Product Potential Finland Morocco+$24.1MRefined 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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Bilateral Service Trade

In 2020, Finland exported services to Morocco worth $3.43M, with Other business services ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (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 Finland. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Morocco.

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

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