Thailand (THA) and Morocco (MAR) Trade | The Observatory of Economic Complexity

About

Thailand-Morocco Trade: In 2022, Thailand exported $152M to Morocco. The main products that Thailand exported to Morocco were Delivery Trucks ($47.1M), Rice ($10.1M), and Cars ($7.99M). Over the past 5 years the exports of Thailand to Morocco have increased at an annualized rate of 2.16%, from $136M in 2017 to $152M in 2022.

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

Morocco-Thailand Trade: In 2022, Morocco exported $53.2M to Thailand. The main products that Morocco exported to Thailand were Integrated Circuits ($9.18M), Non-Knit Women's Suits ($6.9M), and Molluscs ($5.61M). Over the past 5 years the exports of Morocco to Thailand have increased at an annualized rate of 1.41%, from $49.7M in 2017 to $53.2M in 2022.

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

Comparison: In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $152M to Morocco. The main products exported from Thailand to Morocco were Delivery Trucks ($47.1M), Rice ($10.1M), and Cars ($7.99M). During the last 5 years the exports of Thailand to Morocco have increased at an annualized rate of 2.16%, from $136M in 2017 to $152M in 2022.

In 2017, Morocco exported $53.2M to Thailand. The main products exported from Morocco to Thailand were Integrated Circuits ($9.18M), Non-Knit Women's Suits ($6.9M), and Molluscs ($5.61M). During the last 5 years the exports of Morocco to Thailand have increased at an annualized rate of 1.41%, from $49.7M in 2022 to $53.2M in 2017.

Exports from Thailand () to Morocco () (2022)

Exports from Morocco () to Thailand () (2022)

Latest Data

Trade between Thailand () and Morocco ()

Thailand Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Thailand than Morocco included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Difference in imports from Morocco () and Thailand () (2022)

Comparative Advantage Thailand - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Morocco in the exports of Transportation ($57.4M), Machines ($33M), and Textiles ($13.5M).

During 2017, Morocco had a large net trade with Thailand in the exports of Textiles ($18.5M), Machines ($15.9M), and Animal Products ($10.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Morocco+$13.5MCars

Top Product Potential Morocco Thailand+$12.2MIntegrated Circuits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Morocco () (2022)

Exports from Morocco () to Thailand () (2022)

Latest Data

Trade between Thailand () and Morocco ()

Thailand Exports

Morocco Exports

Market Competitiveness

Difference in imports from Morocco () and Thailand () (2022)

Comparative Advantage Thailand - Morocco

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Thailand () and Morocco () (2022)

Keep Exploring