2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
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GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Morocco-Oman Trade: In 2023, Morocco exported $46.4M to Oman. The main products that Morocco exported to Oman were Scrap Iron ($17.9M), Cheese ($6.02M), and Cars ($3.68M). Over the past 5 years the exports of Morocco to Oman have increased at an annualized rate of 26.4%, from $14.4M in 2018 to $46.4M in 2023.

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

Oman-Morocco Trade: In 2023, Oman exported $228M to Morocco. The main products that Oman exported to Morocco were Refined Petroleum ($90.1M), Semi-Finished Iron ($47.1M), and Polyacetals ($36.5M). Over the past 5 years the exports of Oman to Morocco have increased at an annualized rate of 28.6%,  from $64.8M in 2018 to $228M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $46.4M to Oman. The main products exported from Morocco to Oman were Scrap Iron ($17.9M), Cheese ($6.02M), and Cars ($3.68M). During the last 5 years the exports of Morocco to Oman have increased at an annualized rate of 26.4%, from $14.4M in 2018 to $46.4M in 2023.

In 2018, Oman exported $228M to Morocco. The main products exported from Oman to Morocco were Refined Petroleum ($90.1M), Semi-Finished Iron ($47.1M), and Polyacetals ($36.5M). During the last 5 years the exports of Oman to Morocco have increased at an annualized rate of 28.6%, from $64.8M in 2023 to $228M in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Oman (Flag)

Morocco Exports

Oman Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Oman
Top Destination
China$30.2B

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

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

In 2023, countries that imported more from Oman than Morocco included China ($30.2B), Saudi Arabia ($3.64B), and United Arab Emirates ($3.49B).

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

Comparative Advantage Morocco - Oman

Flow
Scale

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

During 2023, Morocco had a large net trade with Oman in the exports of Metals ($18.2M), Animal Products ($13.1M), and Transportation ($4.02M).

During 2018, Oman had a large net trade with Morocco in the exports of Mineral Products ($90.1M), Metals ($57.7M), and Plastics and Rubbers ($47.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Oman+$3.21MCars
Top Product Potential Oman Morocco+$4.72MNitrogenous Fertilizers

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

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

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