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2022
Flag → Flag
Exports $136MRnk 44 / 186
2022
Flag → Flag
Top Product $60.2MCars
2022
Flag → Flag
Exports $342MRnk 36 / 208
2022
Flag → Flag
Top Product $243MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 186
2022
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GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Morocco-Greece Trade: In 2022, Morocco exported $136M to Greece. The main products that Morocco exported to Greece were Cars ($60.2M), Animal Meal and Pellets ($38.3M), and Processed Crustaceans ($6.93M). Over the past 5 years the exports of Morocco to Greece have decreased at an annualized rate of 1.05%, from $143M in 2017 to $136M in 2022.

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

Greece-Morocco Trade: In 2022, Greece exported $342M to Morocco. The main products that Greece exported to Morocco were Refined Petroleum ($243M), Petroleum Coke ($14.8M), and Pesticides ($6.54M). Over the past 5 years the exports of Greece to Morocco have increased at an annualized rate of 10.5%,  from $114M in 2017 to $342M in 2022.

In 2020, Greece exported services to Morocco worth $91.7M, with Transportation ($79.8M), Travel ($4.34M), and Government services, n.i.e. ($2.97M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $136M to Greece. The main products exported from Morocco to Greece were Cars ($60.2M), Animal Meal and Pellets ($38.3M), and Processed Crustaceans ($6.93M). During the last 5 years the exports of Morocco to Greece have decreased at an annualized rate of 1.05%, from $143M in 2017 to $136M in 2022.

In 2017, Greece exported $342M to Morocco. The main products exported from Greece to Morocco were Refined Petroleum ($243M), Petroleum Coke ($14.8M), and Pesticides ($6.54M). During the last 5 years the exports of Greece to Morocco have increased at an annualized rate of 10.5%, from $114M in 2022 to $342M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Greece (Flag)

Morocco Exports

Greece Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Greece
Top DestinationItaly$5.82B

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

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

In 2022, countries that imported more from Greece than Morocco included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Comparative Advantage Morocco - Greece

Flow
Scale

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

During 2022, Morocco had a large net trade with Greece in the exports of Transportation ($63.7M), Foodstuffs ($52.4M), and Metals ($6.2M).

During 2017, Greece had a large net trade with Morocco in the exports of Mineral Products ($264M), Chemical Products ($15.4M), and Metals ($13.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Greece+$26.2MCars
Top Product Potential Greece Morocco+$52MRefined 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, Greece exported services to Morocco worth $91.7M, with Transportation ($79.8M), Travel ($4.34M), and Government services, n.i.e. ($2.97M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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