2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
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GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
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GDP PC 
$3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Morocco-Hong Kong Trade: In 2023, Morocco exported $461M to Hong Kong. The main products that Morocco exported to Hong Kong were Semiconductor Devices ($279M), Integrated Circuits ($159M), and Other Fruits ($7.72M). Over the past 5 years the exports of Morocco to Hong Kong have increased at an annualized rate of 33.1%, from $110M in 2018 to $461M in 2023.

In 2023, Morocco did not export any services to Hong Kong.

Hong Kong-Morocco Trade: In 2023, Hong Kong exported $32.8M to Morocco. The main products that Hong Kong exported to Morocco were Semiconductor Devices ($5.45M), Machinery Having Individual Functions ($3.09M), and Light Rubberized Knitted Fabric ($2.67M). Over the past 5 years the exports of Hong Kong to Morocco have decreased at an annualized rate of 0.68%,  from $33.9M in 2018 to $32.8M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $461M to Hong Kong. The main products exported from Morocco to Hong Kong were Semiconductor Devices ($279M), Integrated Circuits ($159M), and Other Fruits ($7.72M). During the last 5 years the exports of Morocco to Hong Kong have increased at an annualized rate of 33.1%, from $110M in 2018 to $461M in 2023.

In 2018, Hong Kong exported $32.8M to Morocco. The main products exported from Hong Kong to Morocco were Semiconductor Devices ($5.45M), Machinery Having Individual Functions ($3.09M), and Light Rubberized Knitted Fabric ($2.67M). During the last 5 years the exports of Hong Kong to Morocco have decreased at an annualized rate of 0.68%, from $33.9M in 2023 to $32.8M in 2018.

Exports from Morocco (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Morocco (Flag) (2023)

Latest Data

Trade between Morocco (Flag) and Hong Kong (Flag)

Morocco Exports

Hong Kong Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Hong Kong
Top Destination
China$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Morocco included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Morocco (Flag) (2023)

Comparative Advantage Morocco - Hong Kong

Flow
Scale

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

During 2023, Morocco had a large net trade with Hong Kong in the exports of Machines ($445M), Vegetable Products ($8.98M), and Foodstuffs ($1.79M).

During 2018, Hong Kong had a large net trade with Morocco in the exports of Machines ($19.2M), Textiles ($6.19M), and Instruments ($1.67M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Hong Kong+$112MIntegrated Circuits
Top Product Potential Hong Kong Morocco+$8.69MIntegrated Circuits

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

Product Space of Morocco (Flag) and Hong Kong (Flag) (2023)

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