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2023
Flag → Flag
Exports $1.41BRnk 9 / 187
2023
Flag → Flag
Top Product $512MPhosphoric Acid
2023
Flag → Flag
Exports $1.51BRnk 50 / 220
2023
Flag → Flag
Top Product $286MOther Large Iron Pipes
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Morocco-India Trade: In 2023, Morocco exported $1.41B to India. The main products that Morocco exported to India were Phosphoric Acid ($512M), Mixed Mineral or Chemical Fertilizers ($490M), and Calcium Phosphates ($324M). Over the past 5 years the exports of Morocco to India have increased at an annualized rate of 0.91%, from $1.35B in 2018 to $1.41B in 2023.

In 2023, Morocco did not export any services to India.

India-Morocco Trade: In 2023, India exported $1.51B to Morocco. The main products that India exported to Morocco were Other Large Iron Pipes ($286M), Refined Petroleum ($199M), and Cars ($80.6M). Over the past 5 years the exports of India to Morocco have increased at an annualized rate of 16%,  from $720M in 2018 to $1.51B in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $1.41B to India. The main products exported from Morocco to India were Phosphoric Acid ($512M), Mixed Mineral or Chemical Fertilizers ($490M), and Calcium Phosphates ($324M). During the last 5 years the exports of Morocco to India have increased at an annualized rate of 0.91%, from $1.35B in 2018 to $1.41B in 2023.

In 2018, India exported $1.51B to Morocco. The main products exported from India to Morocco were Other Large Iron Pipes ($286M), Refined Petroleum ($199M), and Cars ($80.6M). During the last 5 years the exports of India to Morocco have increased at an annualized rate of 16%, from $720M in 2023 to $1.51B in 2018.

Exports from Morocco (Flag) to India (Flag) (2023)

Exports from India (Flag) to Morocco (Flag) (2023)

Latest Data

Trade between Morocco (Flag) and India (Flag)

Morocco Exports

India Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Morocco than India included Spain ($9.8B), France ($8.23B), and Mauritania ($338M).

In 2023, countries that imported more from India than Morocco included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Morocco (Flag) (2023)

Comparative Advantage Morocco - India

Flow
Scale

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

During 2023, Morocco had a large net trade with India in the exports of Chemical Products ($1B), Mineral Products ($330M), and Metals ($36.1M).

During 2018, India had a large net trade with Morocco in the exports of Metals ($365M), Mineral Products ($216M), and Textiles ($211M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco India+$12.4MScrap Aluminium
Top Product Potential India Morocco+$255MRefined 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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Morocco and India. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Morocco.

Product Space of Morocco (Flag) and India (Flag) (2023)

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