Morocco (MAR) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Morocco-Nepal Trade: In 2023, Morocco exported $757k to Nepal. The main products that Morocco exported to Nepal were Other Printed Material ($453k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($304k). Over the past 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 12.7%, from $1.5M in 2018 to $757k in 2023.

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

Nepal-Morocco Trade: In 2023, Nepal exported $243k to Morocco. The main products that Nepal exported to Morocco were Imitation Jewellery ($49.4k), Knotted Carpets ($46.2k), and Non-Knit Women's Suits ($34.2k). Over the past 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.06%, from $173k in 2018 to $243k in 2023.

In 2023, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $757k to Nepal. The main products exported from Morocco to Nepal were Other Printed Material ($453k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($304k). During the last 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 12.7%, from $1.5M in 2018 to $757k in 2023.

In 2018, Nepal exported $243k to Morocco. The main products exported from Nepal to Morocco were Imitation Jewellery ($49.4k), Knotted Carpets ($46.2k), and Non-Knit Women's Suits ($34.2k). During the last 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.06%, from $173k in 2023 to $243k in 2018.

Exports from Morocco () to Nepal () (2023)

Exports from Nepal () to Morocco () (2023)

Latest Data

Trade between Morocco () and Nepal ()

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Nepal
Top DestinationIndia$811M

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

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

In 2023, countries that imported more from Nepal than Morocco included Burma ($184k) and Lesotho ($16.2k).

Difference in imports from Nepal () and Morocco () (2023)

Comparative Advantage Morocco - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Nepal in the exports of Paper Goods ($453k) and Chemical Products ($304k).

During 2018, Nepal had a large net trade with Morocco in the exports of Textiles ($161k), Precious Metals ($50.2k), and Vegetable Products ($13.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Nepal+$17.8kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Nepal Morocco+$46.2kTufted Carpets

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Morocco () to Nepal () (2023)

Exports from Nepal () to Morocco () (2023)

Latest Data

Trade between Morocco () and Nepal ()

Morocco Exports

Market Competitiveness

Difference in imports from Nepal () and Morocco () (2023)

Comparative Advantage Morocco - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Morocco () and Nepal () (2023)

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