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ExportsMorocco-Hungary Trade: In 2023, Morocco exported $123M to Hungary. The main products that Morocco exported to Hungary were Insulated Wire ($75.1M), Delivery Trucks ($10.8M), and Cars ($8.71M). Over the past 5 years the exports of Morocco to Hungary have increased at an annualized rate of 15%, from $61.4M in 2018 to $123M in 2023.
In 2023, Morocco did not export any services to Hungary.
Hungary-Morocco Trade: In 2023, Hungary exported $357M to Morocco. The main products that Hungary exported to Morocco were Cars ($89.3M), Insulated Wire ($60.5M), and Rubber Tires ($13.3M). Over the past 5 years the exports of Hungary to Morocco have increased at an annualized rate of 6.32%, from $263M in 2018 to $357M in 2023.
In 2020, Hungary exported services to Morocco worth $2.86M, with Other business services ($2.17M) and Transportation ($685k) 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).
