2023
Exports
$1.03MWorld Rnk 76 / 144
Flag Rnk 469 / 1114
2023
PRODUCT COMPLEXITY IN Copper Wire
-0.49Rnk 700 / 1025
2023
Imports
$869MWorld Rnk 8 / 205
Flag Rnk 12 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $1.03M in Copper Wire, making it the 76th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 469th most exported product in Morocco. The main destination of Copper Wire exports from Morocco are: Senegal ($443k), Spain ($312k), Sierra Leone ($176k), Portugal ($78.8k), and Mauritania ($9.2k).

The fastest growing export markets for Copper Wire of Morocco between 2022 and 2023 were Senegal ($253k), Spain ($248k), and Sierra Leone ($176k).

Imports In 2023, Morocco imported $869M in Copper Wire, becoming the 8th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 12th most imported product in Morocco. Morocco imports Copper Wire primarily from: Belgium ($410M), Spain ($395M), France ($49.1M), United Arab Emirates ($5.27M), and Turkey ($5.06M).

The fastest growing import markets in Copper Wire for Morocco between 2022 and 2023 were Belgium ($45.2M), Spain ($42.5M), and Turkey ($4.61M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.03M
IMPORTS (2023)$869M
NET TRADE (2023)-$868M

In 2023, Morocco exported $1.03M in Copper Wire. The main destinations of Morocco exports on Copper Wire were Senegal ($443k), Spain ($312k), Sierra Leone ($176k), Portugal ($78.8k), and Mauritania ($9.2k).

In 2023, Morocco imported $869M in Copper Wire, mainly from Belgium ($410M), Spain ($395M), France ($49.1M), United Arab Emirates ($5.27M), and Turkey ($5.06M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Senegal$253k (134%)
Spain$248k (385%)
Sierra Leone$176k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Morocco WERE (2022 - 2023):
Saudi Arabia-$4.06M (-100%)
Portugal-$1.49M (-95%)
Vietnam-$10.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Copper Wire were:
In 2023, Morocco's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPortugal+ $200k
TOP IMPORT POTENTIALUnited Arab Emirates+ $9.45M

Copper Wire’s highest export potential is Portugal. With an export gap of $200k.   Copper Wire’s highest import potential is United Arab Emirates with an import gap of $9.45M.

See methodology.

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