2022
Exports
$189MWorld Rnk 39 / 221
Flag Rnk 38 / 1105
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$54.4MWorld Rnk 72 / 218
Flag Rnk 214 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $189M in Knit Sweaters, making it the 39th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 38th most exported product in Morocco. The main destination of Knit Sweaters exports from Morocco are: Spain ($56.6M), France ($44.2M), Germany ($19.5M), South Korea ($10.3M), and Poland ($8.18M).

The fastest growing export markets for Knit Sweaters of Morocco between 2021 and 2022 were France ($4.37M), Mexico ($2.47M), and South Korea ($2.44M).

Imports In 2022, Morocco imported $54.4M in Knit Sweaters, becoming the 72nd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 214th most imported product in Morocco. Morocco imports Knit Sweaters primarily from: Turkey ($13.9M), Spain ($10.8M), Bangladesh ($8.99M), China ($7.37M), and France ($3.48M).

The fastest growing import markets in Knit Sweaters for Morocco between 2021 and 2022 were Bangladesh ($1.91M), Spain ($1.13M), and Egypt ($914k).

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 Knit Sweaters. 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)$189M
IMPORTS (2022)$54.4M
NET TRADE (2022)$134M

In 2022, Morocco exported $189M in Knit Sweaters. The main destinations of Morocco exports on Knit Sweaters were Spain ($56.6M), France ($44.2M), Germany ($19.5M), South Korea ($10.3M), and Poland ($8.18M).

In 2022, Morocco imported $54.4M in Knit Sweaters, mainly from Turkey ($13.9M), Spain ($10.8M), Bangladesh ($8.99M), China ($7.37M), and France ($3.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
France$4.37M (11%)
Mexico$2.47M (169%)
South Korea$2.44M (31.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Morocco WERE (2021 - 2022):
China-$6.11M (-95.2%)
Spain-$5.42M (-8.74%)
Russia-$5.05M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Knit Sweaters were:
In 2022, Morocco's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $26.4M
TOP IMPORT POTENTIALChina+ $7.86M

Knit Sweaters’s highest export potential is Germany. With an export gap of $26.4M.   Knit Sweaters’s highest import potential is China with an import gap of $7.86M.

See methodology.

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