2022
Exports
$4.21BWorld Rnk 7 / 222
Flag Rnk 3 / 1105
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$767MWorld Rnk 38 / 225
Flag Rnk 12 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $4.21B in Insulated Wire, making it the 7th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 3rd most exported product in Morocco. The main destination of Insulated Wire exports from Morocco are: Spain ($1.55B), France ($877M), United Kingdom ($375M), Italy ($358M), and Germany ($257M).

The fastest growing export markets for Insulated Wire of Morocco between 2021 and 2022 were United Kingdom ($157M), Spain ($146M), and Germany ($111M).

Imports In 2022, Morocco imported $767M in Insulated Wire, becoming the 38th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 12th most imported product in Morocco. Morocco imports Insulated Wire primarily from: Spain ($221M), France ($105M), Germany ($64.4M), China ($62.5M), and Portugal ($41.1M).

The fastest growing import markets in Insulated Wire for Morocco between 2021 and 2022 were France ($26.4M), China ($18.8M), and Portugal ($15.2M).

COMPANIES In 2023, leading companies such as TE Connectivity (16) were at the forefront of shipping Insulated Wire from Morocco to the United States.

Latest Trends

Oct 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 Insulated 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 (2022)$4.21B
IMPORTS (2022)$767M
NET TRADE (2022)$3.44B

In 2022, Morocco exported $4.21B in Insulated Wire. The main destinations of Morocco exports on Insulated Wire were Spain ($1.55B), France ($877M), United Kingdom ($375M), Italy ($358M), and Germany ($257M).

In 2022, Morocco imported $767M in Insulated Wire, mainly from Spain ($221M), France ($105M), Germany ($64.4M), China ($62.5M), and Portugal ($41.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
United Kingdom$157M (71.7%)
Spain$146M (10.4%)
Germany$111M (76.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Morocco WERE (2021 - 2022):
Honduras-$9.41M (-74.5%)
Senegal-$5.72M (-31.2%)
Mali-$4.87M (-13.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Insulated Wire were:
In 2022, Morocco's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $181M
TOP IMPORT POTENTIALChina+ $52.1M

Insulated Wire’s highest export potential is Germany. With an export gap of $181M.   Insulated Wire’s highest import potential is China with an import gap of $52.1M.

See methodology.

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