2023
Exports
$49.7MWorld Rnk 11 / 160
Flag Rnk 94 / 1114
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$58.4MWorld Rnk 23 / 221
Flag Rnk 209 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $49.7M in Pure Olive Oil, making it the 11th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 94th most exported product in Morocco. The main destination of Pure Olive Oil exports from Morocco are: Spain ($22.2M), United States ($13M), Italy ($4.35M), Canada ($2.89M), and Malaysia ($2.31M).

The fastest growing export markets for Pure Olive Oil of Morocco between 2022 and 2023 were Malaysia ($2.04M), Italy ($1.88M), and Spain ($970k).

Imports In 2023, Morocco imported $58.4M in Pure Olive Oil, becoming the 23rd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 209th most imported product in Morocco. Morocco imports Pure Olive Oil primarily from: Spain ($23.1M), Tunisia ($22.6M), Turkey ($11.5M), Italy ($559k), and Egypt ($496k).

The fastest growing import markets in Pure Olive Oil for Morocco between 2022 and 2023 were Tunisia ($15.7M), Turkey ($10.2M), and Spain ($1.58M).

Latest Trends

Jan 2025

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 Pure Olive Oil. 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 (2023)$49.7M
IMPORTS (2023)$58.4M
NET TRADE (2023)-$8.7M

In 2023, Morocco exported $49.7M in Pure Olive Oil. The main destinations of Morocco exports on Pure Olive Oil were Spain ($22.2M), United States ($13M), Italy ($4.35M), Canada ($2.89M), and Malaysia ($2.31M).

In 2023, Morocco imported $58.4M in Pure Olive Oil, mainly from Spain ($23.1M), Tunisia ($22.6M), Turkey ($11.5M), Italy ($559k), and Egypt ($496k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Malaysia$2.04M (769%)
Italy$1.88M (76.5%)
Spain$970k (4.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Morocco WERE (2022 - 2023):
United States-$8.57M (-39.7%)
France-$1.63M (-43.1%)
Netherlands-$1.45M (-67.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Morocco's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.36M
TOP IMPORT POTENTIALItaly+ $1.07M

Pure Olive Oil’s highest export potential is United States. With an export gap of $7.36M.   Pure Olive Oil’s highest import potential is Italy with an import gap of $1.07M.

See methodology.

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