2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
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
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Morocco-Iran Trade: In 2023, Morocco exported $1.4k to Iran. The main products that Morocco exported to Iran were Optical Fibers and optical fibre bundles ($1.31k) and Pharmaceutical Rubber Products ($85). Over the past 5 years the exports of Morocco to Iran have decreased at an annualized rate of 75.6%, from $1.62M in 2018 to $1.4k in 2023.

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

Iran-Morocco Trade: In 2023, Iran exported $3.42M to Morocco. The main products that Iran exported to Morocco were Grapes ($3.17M), Dried Fruits ($190k), and Cut Flowers ($22.2k). Over the past 5 years the exports of Iran to Morocco have decreased at an annualized rate of 37.1%,  from $34.7M in 2018 to $3.42M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $1.4k to Iran. The main products exported from Morocco to Iran were Optical Fibers and optical fibre bundles ($1.31k) and Pharmaceutical Rubber Products ($85). During the last 5 years the exports of Morocco to Iran have decreased at an annualized rate of 75.6%, from $1.62M in 2018 to $1.4k in 2023.

In 2018, Iran exported $3.42M to Morocco. The main products exported from Iran to Morocco were Grapes ($3.17M), Dried Fruits ($190k), and Cut Flowers ($22.2k). During the last 5 years the exports of Iran to Morocco have decreased at an annualized rate of 37.1%, from $34.7M in 2023 to $3.42M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Iran (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Iran
Top Destination
China$4.59B

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

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

In 2023, countries that imported more from Iran than Morocco included China ($4.59B), Turkey ($2.18B), and Armenia ($597M).

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

Comparative Advantage Morocco - Iran

Flow
Scale

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

During 2023, Morocco had a large net trade with Iran in the exports of Instruments ($1.31k) and Plastics and Rubbers ($85).

During 2018, Iran had a large net trade with Morocco in the exports of Vegetable Products ($3.39M), Foodstuffs ($9.23k), and Textiles ($3.06k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Iran+$9.56kMattresses
Top Product Potential Iran Morocco+$754kOther Nuts

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

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

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