2023
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GDP
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%CURRENT US$
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2023
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 GDP
$144BCURRENT US$
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2013-2023
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GDP GROWTH
24.8%CURRENT US$
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2023
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GDP PC 
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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2023
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GDP PC
$3,771CURRENT US$
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2013-2023
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GDP PC GROWTH
11.6%CURRENT US$
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About

Romania-Morocco Trade: In 2023, Romania exported $1.21B to Morocco. The main products that Romania exported to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($373M), Spark-Ignition Engines ($99.7M), and Wheat ($97.9M). Over the past 5 years the exports of Romania to Morocco have increased at an annualized rate of 10.9%, from $718M in 2018 to $1.21B in 2023.

In 2020, Romania exported services to Morocco worth $5.71M, with Other business services ($2.4M), Transportation ($1.94M), and Travel ($1.14M) being the largest in terms of value.

Morocco-Romania Trade: In 2023, Morocco exported $587M to Romania. The main products that Morocco exported to Romania were Cars ($214M), Motor vehicles; parts and accessories (8701 to 8705) ($132M), and Insulated Wire ($99.2M). Over the past 5 years the exports of Morocco to Romania have increased at an annualized rate of 16.1%,  from $278M in 2018 to $587M in 2023.

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

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $1.21B to Morocco. The main products exported from Romania to Morocco were Motor vehicles; parts and accessories (8701 to 8705) ($373M), Spark-Ignition Engines ($99.7M), and Wheat ($97.9M). During the last 5 years the exports of Romania to Morocco have increased at an annualized rate of 10.9%, from $718M in 2018 to $1.21B in 2023.

In 2018, Morocco exported $587M to Romania. The main products exported from Morocco to Romania were Cars ($214M), Motor vehicles; parts and accessories (8701 to 8705) ($132M), and Insulated Wire ($99.2M). During the last 5 years the exports of Morocco to Romania have increased at an annualized rate of 16.1%, from $278M in 2023 to $587M in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Morocco (Flag)

Romania Exports

Morocco Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Romania than Morocco included Germany ($19.9B), Italy ($10.2B), and Hungary ($4.22B).

In 2023, countries that imported more from Morocco than Romania included Spain ($9.8B), France ($8.23B), and Brazil ($1.47B).

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

Comparative Advantage Romania - Morocco

Flow
Scale

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

During 2023, Romania had a large net trade with Morocco in the exports of Transportation ($471M), Machines ($259M), and Vegetable Products ($213M).

During 2018, Morocco had a large net trade with Romania in the exports of Transportation ($385M), Machines ($114M), and Chemical Products ($53.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Morocco+$30.8MCars
Top Product Potential Morocco Romania+$39.6MCars

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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Economic Complexity

Competitive Landscape

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

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

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