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2023
Flag → Flag
Exports $8.53MRnk 120 / 187
2023
Flag → Flag
Top Product $4.15MProcessed Fish
2023
Flag → Flag
Exports $93.2kRnk 35 / 76
2023
Flag → Flag
Top Product $960kScrap Iron
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC $3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Morocco-Equatorial Guinea Trade: In 2023, Morocco exported $8.53M to Equatorial Guinea. The main products that Morocco exported to Equatorial Guinea were Processed Fish ($4.15M), Other Construction Vehicles ($937k), and Non-fillet Frozen Fish ($595k). Over the past 5 years the exports of Morocco to Equatorial Guinea have increased at an annualized rate of 7.15%, from $6.04M in 2018 to $8.53M in 2023.

In 2023, Morocco did not export any services to Equatorial Guinea.

Equatorial Guinea-Morocco In N/A, Equatorial Guinea did not export any products to Morocco.

In 2023, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $8.53M to Equatorial Guinea. The main products exported from Morocco to Equatorial Guinea were Processed Fish ($4.15M), Other Construction Vehicles ($937k), and Non-fillet Frozen Fish ($595k). During the last 5 years the exports of Morocco to Equatorial Guinea have increased at an annualized rate of 7.15%, from $6.04M in 2018 to $8.53M in 2023.

Equatorial Guinea does not register exports to Morocco. The main products exported from Equatorial Guinea to Morocco were Scrap Iron ($960k), Rough Wood ($94.8k), and Sawn Wood ($49.2k).

Exports from Morocco (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Morocco (Flag) (2023)

Latest Data

Trade between Morocco (Flag) and Equatorial Guinea (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Morocco than Equatorial Guinea included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

In 2023, countries that imported more from Equatorial Guinea than Morocco included China ($1.37B), Thailand ($220M), and Indonesia ($161M).

Difference in imports from Equatorial Guinea (Flag) and Morocco (Flag) (2023)

Comparative Advantage Morocco - Equatorial Guinea

Flow
Scale

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

During 2023, Morocco had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($4.88M), Machines ($1.44M), and Animal Products ($658k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Equatorial Guinea+$266kNon-fillet Frozen Fish
Top Product Potential Equatorial Guinea Morocco+$277kScrap Iron

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

Product Space of Morocco (Flag) and Equatorial Guinea (Flag) (2023)

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