2022
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GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Morocco-Italy Trade: In 2022, Morocco exported $2.2B to Italy. The main products that Morocco exported to Italy were Cars ($813M), Insulated Wire ($358M), and Locust beans, seaweed, sugar beet, cane, for food ($140M). Over the past 5 years the exports of Morocco to Italy have increased at an annualized rate of 7.26%, from $1.55B in 2017 to $2.2B in 2022.

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

Italy-Morocco Trade: In 2022, Italy exported $3.05B to Morocco. The main products that Italy exported to Morocco were Refined Petroleum ($755M), Semiconductor Devices ($123M), and Cars ($54.4M). Over the past 5 years the exports of Italy to Morocco have increased at an annualized rate of 6.26%,  from $2.25B in 2017 to $3.05B in 2022.

In 2020, Italy exported services to Morocco worth $177M, with Transportation ($105M), Travel ($33.6M), and Other business services ($13.2M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $2.2B to Italy. The main products exported from Morocco to Italy were Cars ($813M), Insulated Wire ($358M), and Locust beans, seaweed, sugar beet, cane, for food ($140M). During the last 5 years the exports of Morocco to Italy have increased at an annualized rate of 7.26%, from $1.55B in 2017 to $2.2B in 2022.

In 2017, Italy exported $3.05B to Morocco. The main products exported from Italy to Morocco were Refined Petroleum ($755M), Semiconductor Devices ($123M), and Cars ($54.4M). During the last 5 years the exports of Italy to Morocco have increased at an annualized rate of 6.26%, from $2.25B in 2022 to $3.05B in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Italy (Flag)

Morocco Exports

Italy Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Morocco than Italy included Djibouti ($536M), Mauritania ($312M), and Pakistan ($840M).

In 2022, countries that imported more from Italy than Morocco included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Morocco - Italy

Flow
Scale

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

During 2022, Morocco had a large net trade with Italy in the exports of Transportation ($877M), Machines ($400M), and Foodstuffs ($249M).

During 2017, Italy had a large net trade with Morocco in the exports of Mineral Products ($812M), Machines ($736M), and Textiles ($265M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Italy+$182MCars
Top Product Potential Italy Morocco+$43.7MCars

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, Italy exported services to Morocco worth $177M, with Transportation ($105M), Travel ($33.6M), and Other business services ($13.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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