2023
Exports
$1.38BWorld Rnk 31 / 226
Flag Rnk 7 / 1114
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$2.42BWorld Rnk 32 / 226
Flag Rnk 3 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $1.38B in Motor vehicles; parts and accessories (8701 to 8705), making it the 31st largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 7th most exported product in Morocco. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Morocco are: Spain ($562M), United States ($152M), France ($133M), Romania ($132M), and Germany ($100M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Morocco between 2022 and 2023 were Spain ($133M), Germany ($65.1M), and Romania ($41.9M).

Imports In 2023, Morocco imported $2.42B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 32nd largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 3rd most imported product in Morocco. Morocco imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Spain ($697M), France ($469M), Romania ($373M), Portugal ($191M), and China ($176M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Morocco between 2022 and 2023 were Spain ($214M), France ($75.3M), and Portugal ($63.2M).

COMPANIES In 2024, leading companies such as Team Hardinger (2) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Morocco to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.38B
IMPORTS (2023)$2.42B
NET TRADE (2023)-$1.04B

In 2023, Morocco exported $1.38B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Morocco exports on Motor vehicles; parts and accessories (8701 to 8705) were Spain ($562M), United States ($152M), France ($133M), Romania ($132M), and Germany ($100M).

In 2023, Morocco imported $2.42B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Spain ($697M), France ($469M), Romania ($373M), Portugal ($191M), and China ($176M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Spain$133M (31.1%)
Germany$65.1M (184%)
Romania$41.9M (46.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Morocco WERE (2022 - 2023):
United States-$42.2M (-21.7%)
Czechia-$17.1M (-18.7%)
Bulgaria-$3.36M (-98.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Morocco's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Morocco's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations

Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $188M
TOP IMPORT POTENTIALChina+ $99.8M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $188M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $99.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with