2022
Flag  
GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Morocco-Mexico Trade: In 2022, Morocco exported $437M to Mexico. The main products that Morocco exported to Mexico were Calcium Phosphates ($257M), Non-Knit Women's Suits ($37.2M), and Phosphoric Acid ($27M). Over the past 5 years the exports of Morocco to Mexico have increased at an annualized rate of 9.94%, from $272M in 2017 to $437M in 2022.

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

Mexico-Morocco Trade: In 2022, Mexico exported $159M to Morocco. The main products that Mexico exported to Morocco were Raw Sugar ($51.6M), Cars ($20.2M), and Insulated Wire ($16.7M). Over the past 5 years the exports of Mexico to Morocco have decreased at an annualized rate of 3.36%,  from $188M in 2017 to $159M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $437M to Mexico. The main products exported from Morocco to Mexico were Calcium Phosphates ($257M), Non-Knit Women's Suits ($37.2M), and Phosphoric Acid ($27M). During the last 5 years the exports of Morocco to Mexico have increased at an annualized rate of 9.94%, from $272M in 2017 to $437M in 2022.

In 2017, Mexico exported $159M to Morocco. The main products exported from Mexico to Morocco were Raw Sugar ($51.6M), Cars ($20.2M), and Insulated Wire ($16.7M). During the last 5 years the exports of Mexico to Morocco have decreased at an annualized rate of 3.36%, from $188M in 2022 to $159M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Mexico (Flag)

Morocco Exports

Mexico Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Morocco than Mexico included France ($7.92B), Spain ($8.55B), and Italy ($2.2B).

In 2022, countries that imported more from Mexico than Morocco included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Morocco - Mexico

Flow
Scale

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

During 2022, Morocco had a large net trade with Mexico in the exports of Mineral Products ($266M), Textiles ($88.8M), and Chemical Products ($41.6M).

During 2017, Mexico had a large net trade with Morocco in the exports of Foodstuffs ($54.5M), Machines ($44.6M), and Transportation ($25.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Mexico+$23.2MIntegrated Circuits
Top Product Potential Mexico Morocco+$32MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with