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2022
Exports $27.2kWorld Rnk 75 / 100
Flag Rnk 848 / 1105
2022
Destination $27.1k Germany
2021 - 2022
FASTEST GROWING MARKET $27.1kGermany
2022
PRODUCT COMPLEXITY IN Magnesium0.95Rnk 193 / 1025
2022
Imports $626kWorld Rnk 78 / 168
Flag Rnk 938 / 1188
2022
Origin $86.1k China
2021 - 2022
FASTEST GROWING ORIGIN $86.1kSouth Korea
2022
ECONOMIC COMPLEXITY of Morocco-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $27.2k in Magnesium, making it the 75th largest exporter of Magnesium in the world. At the same year, Magnesium was the 848th most exported product in Morocco. The main destination of Magnesium exports from Morocco are: Germany ($27.1k) and Belgium ($120).

The fastest growing export markets for Magnesium of Morocco between 2021 and 2022 were Germany ($27.1k) and Belgium ($120).

Imports In 2022, Morocco imported $626k in Magnesium, becoming the 78th largest importer of Magnesium in the world. At the same year, Magnesium was the 938th most imported product in Morocco. Morocco imports Magnesium primarily from: China ($200k), Hong Kong ($147k), Spain ($110k), South Korea ($103k), and Italy ($33k).

The fastest growing import markets in Magnesium for Morocco between 2021 and 2022 were South Korea ($86.1k), Greece ($19.4k), and Italy ($8.74k).

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 Magnesium. 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)$27.2k
IMPORTS (2022)$626k
NET TRADE (2022)-$599k

In 2022, Morocco exported $27.2k in Magnesium. The main destinations of Morocco exports on Magnesium were Germany ($27.1k) and Belgium ($120).

In 2022, Morocco imported $626k in Magnesium, mainly from China ($200k), Hong Kong ($147k), Spain ($110k), South Korea ($103k), and Italy ($33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Germany$27.1k (1%)
Belgium$120 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Morocco WERE (2021 - 2022):Cote d'Ivoire-$2.79k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Magnesium were:
China $2.46B
Israel $231M
Turkey $152M
In 2022, Morocco's main importing competitors in Magnesium were:
United States $877M
Canada $477M
Germany $211M

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $26.2k
TOP IMPORT POTENTIALChina+ $232k

Magnesium’s highest export potential is Germany. With an export gap of $26.2k.   Magnesium’s highest import potential is China with an import gap of $232k.

See methodology.

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