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2022
Flag → Flag
Exports $61.3MRnk 71 / 186
2022
Flag → Flag
Top Product $19.1MCopper Ore
2022
Flag → Flag
Exports $187MRnk 51 / 207
2022
Flag → Flag
Top Product $47.5MSawn Wood
2022
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Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
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Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
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GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
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 GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
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GDP PC$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Morocco-Finland Trade: In 2022, Morocco exported $61.3M to Finland. The main products that Morocco exported to Finland were Copper Ore ($19.1M), Calcium Phosphates ($6.68M), and Cars ($6.58M). Over the past 5 years the exports of Morocco to Finland have increased at an annualized rate of 15.6%, from $29.6M in 2017 to $61.3M in 2022.

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

Finland-Morocco Trade: In 2022, Finland exported $187M to Morocco. The main products that Finland exported to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($23.2M), and Other Uncoated Paper ($17.3M). Over the past 5 years the exports of Finland to Morocco have decreased at an annualized rate of 3.4%,  from $222M in 2017 to $187M in 2022.

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 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $61.3M to Finland. The main products exported from Morocco to Finland were Copper Ore ($19.1M), Calcium Phosphates ($6.68M), and Cars ($6.58M). During the last 5 years the exports of Morocco to Finland have increased at an annualized rate of 15.6%, from $29.6M in 2017 to $61.3M in 2022.

In 2017, Finland exported $187M to Morocco. The main products exported from Finland to Morocco were Sawn Wood ($47.5M), Refined Petroleum ($23.2M), and Other Uncoated Paper ($17.3M). During the last 5 years the exports of Finland to Morocco have decreased at an annualized rate of 3.4%, from $222M in 2022 to $187M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Finland (Flag)

Morocco Exports

Finland Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Finland than Morocco included Sweden ($9.1B), Germany ($9.99B), and United States ($9.17B).

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

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 2022, Morocco had a large net trade with Finland in the exports of Mineral Products ($26.1M), Textiles ($12.8M), and Transportation ($7.84M).

During 2017, Finland had a large net trade with Morocco in the exports of Paper Goods ($69.4M), Wood Products ($48.1M), and Mineral Products ($23.9M).

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) (2022)

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