2022
Flag  
GDP
$134BCURRENT US$
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2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
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2022
Flag
 GDP
$409BCURRENT US$
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2012-2022
Flag
GDP GROWTH
109%CURRENT US$
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2022
Flag
GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
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2022
Flag
GDP PC
$4,164CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
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About

Morocco-Vietnam Trade: In 2022, Morocco exported $41.5M to Vietnam. The main products that Morocco exported to Vietnam were Knit Men's Undergarments ($9.79M), Other Knit Clothing Accessories ($7.74M), and Non-Knit Women's Suits ($3.82M). Over the past 5 years the exports of Morocco to Vietnam have increased at an annualized rate of 18.6%, from $17.7M in 2017 to $41.5M in 2022.

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

Vietnam-Morocco Trade: In 2022, Vietnam exported $241M to Morocco. The main products that Vietnam exported to Morocco were Broadcasting Equipment ($93.4M), Coffee ($14.9M), and Footwear Parts ($14.4M). Over the past 5 years the exports of Vietnam to Morocco have increased at an annualized rate of 4%,  from $198M in 2017 to $241M in 2022.

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

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $41.5M to Vietnam. The main products exported from Morocco to Vietnam were Knit Men's Undergarments ($9.79M), Other Knit Clothing Accessories ($7.74M), and Non-Knit Women's Suits ($3.82M). During the last 5 years the exports of Morocco to Vietnam have increased at an annualized rate of 18.6%, from $17.7M in 2017 to $41.5M in 2022.

In 2017, Vietnam exported $241M to Morocco. The main products exported from Vietnam to Morocco were Broadcasting Equipment ($93.4M), Coffee ($14.9M), and Footwear Parts ($14.4M). During the last 5 years the exports of Vietnam to Morocco have increased at an annualized rate of 4%, from $198M in 2022 to $241M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Vietnam (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Morocco than Vietnam included Spain ($8.55B), France ($7.92B), and Djibouti ($536M).

In 2022, countries that imported more from Vietnam than Morocco included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Morocco - Vietnam

Flow
Scale

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

During 2022, Morocco had a large net trade with Vietnam in the exports of Textiles ($26.8M), Machines ($7.58M), and Chemical Products ($1.97M).

During 2017, Vietnam had a large net trade with Morocco in the exports of Machines ($116M), Footwear and Headwear ($33.9M), and Vegetable Products ($32.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Vietnam+$9.91MIntegrated Circuits
Top Product Potential Vietnam Morocco+$52.8MTelephones

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

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

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