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2022
Flag → Flag
Exports $575MRnk 15 / 186
2022
Flag → Flag
Top Product $170MCars
2022
Flag → Flag
Exports $897MRnk 15 / 208
2022
Flag → Flag
Top Product $75.8MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Morocco-Portugal Trade: In 2022, Morocco exported $575M to Portugal. The main products that Morocco exported to Portugal were Cars ($170M), Insulated Wire ($34.5M), and Electrical Lighting and Signalling Equipment ($21.3M). Over the past 5 years the exports of Morocco to Portugal have increased at an annualized rate of 9.96%, from $358M in 2017 to $575M in 2022.

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

Portugal-Morocco Trade: In 2022, Portugal exported $897M to Morocco. The main products that Portugal exported to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($75.8M), Insulated Wire ($41.1M), and Uncoated Paper ($40.3M). Over the past 5 years the exports of Portugal to Morocco have decreased at an annualized rate of 1.48%,  from $981M in 2017 to $897M in 2022.

In 2020, Portugal exported services to Morocco worth $4.57M, with Travel ($4.57M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $575M to Portugal. The main products exported from Morocco to Portugal were Cars ($170M), Insulated Wire ($34.5M), and Electrical Lighting and Signalling Equipment ($21.3M). During the last 5 years the exports of Morocco to Portugal have increased at an annualized rate of 9.96%, from $358M in 2017 to $575M in 2022.

In 2017, Portugal exported $897M to Morocco. The main products exported from Portugal to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($75.8M), Insulated Wire ($41.1M), and Uncoated Paper ($40.3M). During the last 5 years the exports of Portugal to Morocco have decreased at an annualized rate of 1.48%, from $981M in 2022 to $897M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Portugal (Flag)

Morocco Exports

Portugal Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Morocco than Portugal included India ($2.99B), Brazil ($1.96B), and Bangladesh ($872M).

In 2022, countries that imported more from Portugal than Morocco included Spain ($20.5B), Germany ($8.76B), and United States ($5.66B).

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

Comparative Advantage Morocco - Portugal

Flow
Scale

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

During 2022, Morocco had a large net trade with Portugal in the exports of Transportation ($202M), Textiles ($82.7M), and Machines ($65.5M).

During 2017, Portugal had a large net trade with Morocco in the exports of Machines ($173M), Transportation ($146M), and Textiles ($113M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Portugal+$63.3MCars
Top Product Potential Portugal Morocco+$27.8MRefined Petroleum

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, Portugal exported services to Morocco worth $4.57M, with Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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