Overall Exports and Imports for Morocco 2023
- The total value of exports (FOB) is US$ 42,463 million.
- The total value of imports (CIF) is US$ 70,645 million.
- At the HS6 digit level, 3,197 products are exported to 186 countries and 4,224 products are imported from 195 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Morocco along with trade value are:
- Morocco exported Automobiles with reciprocating piston engine di , worth 4,255,391.56 (US$ Thousands).
- Morocco exported Ignition wiring sets&oth wiring sets of a kind , worth 2,224,881.56 (US$ Thousands).
- Morocco exported Diammonium hydrogenorthophosphate (diammonium p , worth 2,032,762.44 (US$ Thousands).
- Morocco exported Ammonium dihydrogenorthophosphate (monoammonium , worth 1,770,847.25 (US$ Thousands).
- Morocco exported Phosphoric acid and polyphosphoric acids , worth 1,276,527.33 (US$ Thousands).
The top five imported HS 6 digit level products from world by Morocco along with trade value are
- Morocco imported Petroleum oils, etc, (excl. crude); preparation , worth 7,602,624.09 (US$ Thousands).
- Morocco imported Butanes, liquefied , worth 1,619,323.46 (US$ Thousands).
- Morocco imported Spelt, common wheat and meslin , worth 1,479,059.60 (US$ Thousands).
- Morocco imported Aircraft parts nes , worth 1,386,512.90 (US$ Thousands).
- Morocco imported Other coal, not agglomerated, nes , worth 1,375,883.71 (US$ Thousands).
Morocco top 5 Export and Import partners 2023
The top five countries to which Morocco exported 2023 along with the partner share in percentage are:
- Morocco exports to Spain worth US$ 9,571 million, with a partner share of 22.54 percent.
- Morocco exports to France worth US$ 8,698 million, with a partner share of 20.48 percent.
- Morocco exports to Italy worth US$ 2,202 million, with a partner share of 5.18 percent.
- Morocco exports to United Kingdom worth US$ 1,892 million, with a partner share of 4.46 percent.
- Morocco exports to Germany worth US$ 1,816 million, with a partner share of 4.28 percent.
The top five countries to which Morocco imported goods 2023 along with the share in percentage are
- Morocco imports from Spain worth US$ 11,074 million, with a partner share of 15.68 percent.
- Morocco imports from China worth US$ 7,503 million, with a partner share of 10.62 percent.
- Morocco imports from France worth US$ 7,467 million, with a partner share of 10.57 percent.
- Morocco imports from United States worth US$ 5,968 million, with a partner share of 8.45 percent.
- Morocco imports from Turkey worth US$ 3,609 million, with a partner share of 5.11 percent.
Morocco Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Morocco Raw materials exports are worth US$ 6,200 million, product share of 14.60%.
- Morocco Raw materials imports are worth US$ 7,908 million, product share of 11.19%.
- Morocco Intermediate goods exports are worth US$ 10,611 million, product share of 24.99%.
- Morocco Intermediate goods imports are worth US$ 20,286 million, product share of 28.72%.
- Morocco Consumer goods exports are worth US$ 20,730 million, product share of 48.82%.
- Morocco Consumer goods imports are worth US$ 25,320 million, product share of 35.84%.
- Morocco Capital goods exports are worth US$ 4,896 million, product share of 11.53%.
- Morocco Capital goods imports are worth US$ 16,460 million, product share of 23.30%.
Morocco Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Morocco Country Growth is 1.27.
Morocco Service Trade data from WDI 2023
- Morocco, Service imports (BoP, current US$) is 12,733,893,124.40.
- Morocco, Service exports (BoP, current US$) is 25,655,255,267.80.
- Morocco, Imports of goods and services as percentage of GDP is 51.04 %.
- Morocco, Exports of goods and services as percentage of GDP is 42.75 %.