Morocco (MAR) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Morocco-Singapore Trade: In 2023, Morocco exported $205M to Singapore. The main products that Morocco exported to Singapore were Integrated Circuits ($145M), Semiconductor Devices ($16.1M), and Tea ($7.69M). Over the past 5 years the exports of Morocco to Singapore have increased at an annualized rate of 3.79%, from $171M in 2018 to $205M in 2023.

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

Singapore-Morocco Trade: In 2023, Singapore exported $279M to Morocco. The main products that Singapore exported to Morocco were Semiconductor Devices ($151M), Refined Petroleum ($52.8M), and Machinery Having Individual Functions ($10.2M). Over the past 5 years the exports of Singapore to Morocco have increased at an annualized rate of 6.16%, from $121M in 2018 to $279M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Morocco exported $205M to Singapore. The main products exported from Morocco to Singapore were Integrated Circuits ($145M), Semiconductor Devices ($16.1M), and Tea ($7.69M). During the last 5 years the exports of Morocco to Singapore have increased at an annualized rate of 3.79%, from $171M in 2018 to $205M in 2023.

In 2018, Singapore exported $279M to Morocco. The main products exported from Singapore to Morocco were Semiconductor Devices ($151M), Refined Petroleum ($52.8M), and Machinery Having Individual Functions ($10.2M). During the last 5 years the exports of Singapore to Morocco have increased at an annualized rate of 6.16%, from $121M in 2023 to $279M in 2018.

Exports from Morocco () to Singapore () (2023)

Exports from Singapore () to Morocco () (2023)

Latest Data

Trade between Morocco () and Singapore ()

Morocco Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Morocco than Singapore included Spain ($9.8B), France ($8.23B), and Italy ($2.18B).

In 2023, countries that imported more from Singapore than Morocco included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Morocco - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Singapore in the exports of Machines ($167M), Vegetable Products ($13.3M), and Textiles ($12.9M).

During 2018, Singapore had a large net trade with Morocco in the exports of Machines ($178M), Mineral Products ($52.8M), and Plastics and Rubbers ($15.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Singapore+$62.4MIntegrated Circuits

Top Product Potential Singapore Morocco+$27.1MIntegrated Circuits

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

About

Historical Data

Bilateral Trade by Products

Exports from Morocco () to Singapore () (2023)

Exports from Singapore () to Morocco () (2023)

Latest Data

Trade between Morocco () and Singapore ()

Morocco Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Morocco - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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