Oman (OMN) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Oman-Morocco Trade: In 2023, Oman exported $228M to Morocco. The main products that Oman exported to Morocco were Refined Petroleum ($90.1M), Semi-Finished Iron ($47.1M), and Polyacetals ($36.5M). Over the past 5 years the exports of Oman to Morocco have increased at an annualized rate of 28.6%, from $64.8M in 2018 to $228M in 2023.

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

Morocco-Oman Trade: In 2023, Morocco exported $46.4M to Oman. The main products that Morocco exported to Oman were Scrap Iron ($17.9M), Cheese ($6.02M), and Cars ($3.68M). Over the past 5 years the exports of Morocco to Oman have increased at an annualized rate of 10.3%, from $14.4M in 2018 to $46.4M in 2023.

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

Comparison: In 2023, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $228M to Morocco. The main products exported from Oman to Morocco were Refined Petroleum ($90.1M), Semi-Finished Iron ($47.1M), and Polyacetals ($36.5M). During the last 5 years the exports of Oman to Morocco have increased at an annualized rate of 28.6%, from $64.8M in 2018 to $228M in 2023.

In 2018, Morocco exported $46.4M to Oman. The main products exported from Morocco to Oman were Scrap Iron ($17.9M), Cheese ($6.02M), and Cars ($3.68M). During the last 5 years the exports of Morocco to Oman have increased at an annualized rate of 10.3%, from $14.4M in 2023 to $46.4M in 2018.

Exports from Oman () to Morocco () (2023)

Exports from Morocco () to Oman () (2023)

Latest Data

Trade between Oman () and Morocco ()

Oman Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Oman than Morocco included China ($30.2B), Saudi Arabia ($3.64B), and United Arab Emirates ($3.49B).

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

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

Comparative Advantage Oman - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Morocco in the exports of Mineral Products ($90.1M), Metals ($57.7M), and Plastics and Rubbers ($47.4M).

During 2018, Morocco had a large net trade with Oman in the exports of Metals ($18.2M), Animal Products ($13.1M), and Transportation ($4.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Morocco+$4.72MNitrogenous Fertilizers

Top Product Potential Morocco Oman+$3.21MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Morocco () (2023)

Exports from Morocco () to Oman () (2023)

Latest Data

Trade between Oman () and Morocco ()

Oman Exports

Morocco Exports

Market Competitiveness

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

Comparative Advantage Oman - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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