2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

Nigeria-Morocco Trade: In 2023, Nigeria exported $43.6M to Morocco. The main products that Nigeria exported to Morocco were Bran ($23.9M), Float Glass ($6.72M), and Unprocessed Synthetic Staple Fibers ($4.68M). Over the past 5 years the exports of Nigeria to Morocco have decreased at an annualized rate of 4.42%, from $54.7M in 2018 to $43.6M in 2023.

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

Morocco-Nigeria Trade: In 2023, Morocco exported $109M to Nigeria. The main products that Morocco exported to Nigeria were Mixed Mineral or Chemical Fertilizers ($62.4M), Processed Fish ($27.5M), and Spices ($2.88M). Over the past 5 years the exports of Morocco to Nigeria have decreased at an annualized rate of 9.48%,  from $179M in 2018 to $109M in 2023.

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

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). That same year, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $43.6M to Morocco. The main products exported from Nigeria to Morocco were Bran ($23.9M), Float Glass ($6.72M), and Unprocessed Synthetic Staple Fibers ($4.68M). During the last 5 years the exports of Nigeria to Morocco have decreased at an annualized rate of 4.42%, from $54.7M in 2018 to $43.6M in 2023.

In 2018, Morocco exported $109M to Nigeria. The main products exported from Morocco to Nigeria were Mixed Mineral or Chemical Fertilizers ($62.4M), Processed Fish ($27.5M), and Spices ($2.88M). During the last 5 years the exports of Morocco to Nigeria have decreased at an annualized rate of 9.48%, from $179M in 2023 to $109M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Morocco (Flag)

Nigeria Exports

Morocco Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Nigeria than Morocco included United States ($6.29B), Netherlands ($4.35B), and Indonesia ($3.44B).

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

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

Comparative Advantage Nigeria - Morocco

Flow
Scale

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

During 2023, Nigeria had a large net trade with Morocco in the exports of Foodstuffs ($27M), Stone And Glass ($6.72M), and Textiles ($4.68M).

During 2018, Morocco had a large net trade with Nigeria in the exports of Chemical Products ($64.7M), Foodstuffs ($27.7M), and Vegetable Products ($4.12M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Morocco+$598kSpices
Top Product Potential Morocco Nigeria+$6.66MNon-fillet Frozen Fish

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nigeria and Morocco. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Nigeria.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with