2022
Flag  
GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP
$115BCURRENT US$
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2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 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
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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About

Morocco-Slovakia Trade: In 2022, Morocco exported $132M to Slovakia. The main products that Morocco exported to Slovakia were Insulated Wire ($47.7M), Cars ($21.5M), and Seats ($6.69M). Over the past 5 years the exports of Morocco to Slovakia have increased at an annualized rate of 10.5%, from $79.9M in 2017 to $132M in 2022.

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

Slovakia-Morocco Trade: In 2022, Slovakia exported $304M to Morocco. The main products that Slovakia exported to Morocco were Cars ($98.8M), Motor vehicles; parts and accessories (8701 to 8705) ($41.7M), and Footwear Parts ($41.1M). Over the past 5 years the exports of Slovakia to Morocco have increased at an annualized rate of 3.85%,  from $160M in 2017 to $304M in 2022.

In 2020, Slovakia exported services to Morocco worth $1.71M, with Other business services ($800k), Transportation ($685k), and Travel ($114k) 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $132M to Slovakia. The main products exported from Morocco to Slovakia were Insulated Wire ($47.7M), Cars ($21.5M), and Seats ($6.69M). During the last 5 years the exports of Morocco to Slovakia have increased at an annualized rate of 10.5%, from $79.9M in 2017 to $132M in 2022.

In 2017, Slovakia exported $304M to Morocco. The main products exported from Slovakia to Morocco were Cars ($98.8M), Motor vehicles; parts and accessories (8701 to 8705) ($41.7M), and Footwear Parts ($41.1M). During the last 5 years the exports of Slovakia to Morocco have increased at an annualized rate of 3.85%, from $160M in 2022 to $304M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Slovakia (Flag)

Morocco Exports

Slovakia Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Morocco than Slovakia included Spain ($8.55B), India ($2.99B), and France ($7.92B).

In 2022, countries that imported more from Slovakia than Morocco included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Morocco - Slovakia

Flow
Scale

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

During 2022, Morocco had a large net trade with Slovakia in the exports of Machines ($62.2M), Transportation ($27.9M), and Textiles ($12.2M).

During 2017, Slovakia had a large net trade with Morocco in the exports of Transportation ($141M), Machines ($45.2M), and Footwear and Headwear ($41.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Slovakia+$22MCars
Top Product Potential Slovakia Morocco+$47.6MCars

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, Slovakia exported services to Morocco worth $1.71M, with Other business services ($800k), Transportation ($685k), and Travel ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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