2022
Exports
$203MWorld Rnk 2 / 166
Flag Rnk 35 / 1105
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$25.5MWorld Rnk 15 / 197
Flag Rnk 351 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $203M in Locust beans, seaweed, sugar beet, cane, for food, making it the 2nd largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 35th most exported product in Morocco. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Morocco are: Italy ($140M), Spain ($41M), Switzerland ($16.8M), Turkey ($4.31M), and Belgium ($605k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Morocco between 2021 and 2022 were Italy ($34.2M), Germany ($75.6k), and United States ($38.7k).

Imports In 2022, Morocco imported $25.5M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 15th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 351st most imported product in Morocco. Morocco imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Lebanon ($9.77M), Cyprus ($3.94M), China ($3.69M), Libya ($2.92M), and Algeria ($1.9M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Morocco between 2021 and 2022 were Lebanon ($8.24M), Libya ($2.92M), and Cyprus ($2.75M).

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$203M
IMPORTS (2022)$25.5M
NET TRADE (2022)$178M

In 2022, Morocco exported $203M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Morocco exports on Locust beans, seaweed, sugar beet, cane, for food were Italy ($140M), Spain ($41M), Switzerland ($16.8M), Turkey ($4.31M), and Belgium ($605k).

In 2022, Morocco imported $25.5M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Lebanon ($9.77M), Cyprus ($3.94M), China ($3.69M), Libya ($2.92M), and Algeria ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Italy$34.2M (32.4%)
Germany$75.6k (95.9%)
United States$38.7k (47.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Morocco WERE (2021 - 2022):
Spain-$29.1M (-41.5%)
Switzerland-$4.5M (-21.1%)
Turkey-$3.08M (-41.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Morocco's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $2.77M
TOP IMPORT POTENTIALChina+ $724k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is Japan. With an export gap of $2.77M.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $724k.

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