2018
Exports
$195MWorld Rnk 43 / 219
Flag Rnk 37 / 1105
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2018
Imports
$207MWorld Rnk 47 / 224
Flag Rnk 64 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2018, Morocco exported $195M in Electrical Control Boards, making it the 43rd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 37th most exported product in Morocco. The main destination of Electrical Control Boards exports from Morocco are: France ($43.7M), Poland ($38.3M), Spain ($35.2M), Argentina ($10.5M), and United States ($10M).

The fastest growing export markets for Electrical Control Boards of Morocco between 2021 and 2022 were Poland ($12.1M), France ($4.64M), and Guinea ($2.96M).

Imports In 2022, Morocco imported $207M in Electrical Control Boards, becoming the 47th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 64th most imported product in Morocco. Morocco imports Electrical Control Boards primarily from: Spain ($49.4M), France ($41.6M), Romania ($28.4M), China ($18.8M), and Germany ($11.2M).

The fastest growing import markets in Electrical Control Boards for Morocco between 2021 and 2022 were Spain ($13.8M), China ($9.08M), and South Korea ($4.92M).

Latest Trends

Sep 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 Electrical Control Boards. 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 (2022)$195M
IMPORTS (2022)$207M
NET TRADE (2022)-$12.2M

In 2022, Morocco exported $195M in Electrical Control Boards. The main destinations of Morocco exports on Electrical Control Boards were France ($43.7M), Poland ($38.3M), Spain ($35.2M), Argentina ($10.5M), and United States ($10M).

In 2022, Morocco imported $207M in Electrical Control Boards, mainly from Spain ($49.4M), France ($41.6M), Romania ($28.4M), China ($18.8M), and Germany ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Poland$12.1M (46.2%)
France$4.64M (11.9%)
Guinea$2.96M (713%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Morocco WERE (2021 - 2022):
Mexico-$5.13M (-74.2%)
Slovakia-$3.22M (-44.6%)
China-$2.26M (-75%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Morocco's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $23.4M
TOP IMPORT POTENTIALChina+ $15.4M

Electrical Control Boards’s highest export potential is Germany. With an export gap of $23.4M.   Electrical Control Boards’s highest import potential is China with an import gap of $15.4M.

See methodology.

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