{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:07.313Z",
  "seo": {
    "title": "Belgium exports to Morocco: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Belgium to Morocco, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "importer": {
    "iso3": "MAR",
    "country_name": "Morocco"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BEL",
    "importer_iso3": "MAR",
    "all_history_lane_count": 539,
    "current_lane_count": 509,
    "current_product_count": 509,
    "first_observed_last_year": 2003,
    "latest_data_year": 2024,
    "current_trade_usd": 1105602632.5905294,
    "attention_trade_usd": 601962450.784527,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 826286783.6687986,
    "unrecovered_drawdown_trade_usd": 157458541.56906864,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 580521668.8495746,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 40,
    "high_volatility_lane_count": 260,
    "unrecovered_drawdown_lane_count": 284,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 189,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.0998420315703055,
    "trade_weighted_below_peak_pct": 16.24758368687808,
    "product_concentration_hhi": 1450.2959665403143,
    "top1_product_share_pct": 37.133685924717554,
    "top3_product_share_pct": 45.17818859490059,
    "top_product_hs6": "740811",
    "top_product_trade_usd": 410551009.16157615,
    "top_product_description": "Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm",
    "top_attention_product_hs6": "740811",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 2078.484130859375,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": null,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 47.685190035878776,
    "avg_mfn_tariff_pct": 48.069846848484836,
    "avg_preferential_tariff_pct": 1.1137358973000002,
    "tariff_advantage_pp": 46.95611095118484,
    "buyer_biz_entry_days": 9,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 132725.261467,
    "buyer_gdp_pc_latest": 3554,
    "buyer_population_latest": 37344.788,
    "buyer_gdp_5y_cagr_pct": 4.493870310126513,
    "buyer_gdp_pc_5y_cagr_pct": 3.4337131700827195,
    "buyer_population_5y_cagr_pct": 1.0122871045357362,
    "buyer_investment_5y_avg_pct": 33.041999999999994,
    "buyer_savings_5y_avg_pct": 20.788,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 54.446546439028744,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 132725.261467,
    "buyer_gdp_pc_2024": 3554,
    "buyer_population_2024": 37344.788
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 248515711.84225726,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 230628552.28058362,
      "yoy_growth_pct": -7.1975970569729375,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 203617771.79206777,
      "yoy_growth_pct": -11.711811144551799,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 280439465.7892462,
      "yoy_growth_pct": 37.72838358904542,
      "cagr_3y_pct": 4.110634506288702
    },
    {
      "year": 2003,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 314144551.92431176,
      "yoy_growth_pct": 12.018667215831647,
      "cagr_3y_pct": 10.850796965668174
    },
    {
      "year": 2004,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 369039225.6309734,
      "yoy_growth_pct": 17.47433573824564,
      "cagr_3y_pct": 21.92299335220107
    },
    {
      "year": 2005,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 432243764.21152544,
      "yoy_growth_pct": 17.126780621351735,
      "cagr_3y_pct": 15.512735453194226
    },
    {
      "year": 2006,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 605430610.3828646,
      "yoy_growth_pct": 40.06693919280866,
      "cagr_3y_pct": 24.445237499719408
    },
    {
      "year": 2007,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 677971843.7941264,
      "yoy_growth_pct": 11.981758465332293,
      "cagr_3y_pct": 22.47469761888208
    },
    {
      "year": 2008,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 720150002.7125735,
      "yoy_growth_pct": 6.221225749200143,
      "cagr_3y_pct": 18.54904961728263
    },
    {
      "year": 2009,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 625218949.5037646,
      "yoy_growth_pct": -13.182122176106947,
      "cagr_3y_pct": 1.077832209183116
    },
    {
      "year": 2010,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 538704516.9405643,
      "yoy_growth_pct": -13.837461681522411,
      "cagr_3y_pct": -7.378249138269178
    },
    {
      "year": 2011,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 832964714.8670224,
      "yoy_growth_pct": 54.62367377159454,
      "cagr_3y_pct": 4.970648281881673
    },
    {
      "year": 2012,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 717497716.3237604,
      "yoy_growth_pct": -13.862171648134646,
      "cagr_3y_pct": 4.695849130186791
    },
    {
      "year": 2013,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 754877676.1188768,
      "yoy_growth_pct": 5.209767075864713,
      "cagr_3y_pct": 11.903066669195006
    },
    {
      "year": 2014,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 920141569.3079132,
      "yoy_growth_pct": 21.89280441285839,
      "cagr_3y_pct": 3.373530488424814
    },
    {
      "year": 2015,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 593023895.2727915,
      "yoy_growth_pct": -35.55079837129455,
      "cagr_3y_pct": -6.153685172586965
    },
    {
      "year": 2016,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 634219345.8830853,
      "yoy_growth_pct": 6.946676337779567,
      "cagr_3y_pct": -5.640064710928638
    },
    {
      "year": 2017,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 632859201.0084246,
      "yoy_growth_pct": -0.21445969497615458,
      "cagr_3y_pct": -11.729114673444718
    },
    {
      "year": 2018,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 813137566.6390617,
      "yoy_growth_pct": 28.48633082103791,
      "cagr_3y_pct": 11.095707110939168
    },
    {
      "year": 2019,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 788748743.7759323,
      "yoy_growth_pct": -2.9993476951182596,
      "cagr_3y_pct": 7.539100215486938
    },
    {
      "year": 2020,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 717987772.1418499,
      "yoy_growth_pct": -8.971294368765959,
      "cagr_3y_pct": 4.296559695784863
    },
    {
      "year": 2021,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 1005082416.8616698,
      "yoy_growth_pct": 39.986007542075484,
      "cagr_3y_pct": 7.319642315863062
    },
    {
      "year": 2022,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 1156444162.5179627,
      "yoy_growth_pct": 15.059635221648193,
      "cagr_3y_pct": 13.604446277215976
    },
    {
      "year": 2023,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 1109478132.2767253,
      "yoy_growth_pct": -4.061244957904131,
      "cagr_3y_pct": 15.611374961418157
    },
    {
      "year": 2024,
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "export_value_usd": 1244315593.17463,
      "yoy_growth_pct": 12.153232855631767,
      "cagr_3y_pct": 7.376593688754429
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "740811",
      "hs_description": "Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm",
      "buyer_imports_latest_usd": 899412760.5039438,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0529903309309636,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "870120",
      "hs_description": "Tractors: road, for semi-trailers",
      "buyer_imports_latest_usd": 231086182.94329354,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7292671941167022,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 8260250625.329595,
      "current_below_peak_pct": 79.85086427951616,
      "lane_volatility_cv": 1.0519359416220606,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "271012",
      "hs_description": "",
      "buyer_imports_latest_usd": 629123313.8528639,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.268819705825301,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "854720",
      "hs_description": "Insulating fittings: of plastics, for electrical machines, of insulating material only (except minor assembly parts), excluding those of heading no. 8546",
      "buyer_imports_latest_usd": 264543238.02490112,
      "current_below_peak_pct": 11.650631731915784,
      "lane_volatility_cv": 1.231817333728777,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "210390",
      "hs_description": "Sauces and preparations therefor: mixed condiments and mixed seasonings",
      "buyer_imports_latest_usd": 41477208.89912397,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5664327139185676,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "853690",
      "hs_description": "Electrical apparatus: n.e.s. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 498891851.48021036,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8143370775518308,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "040210",
      "hs_description": "Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight)",
      "buyer_imports_latest_usd": 101116582.01839279,
      "current_below_peak_pct": 11.969921499989471,
      "lane_volatility_cv": 1.0980988626404244,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 426092922.1769034,
      "current_below_peak_pct": 3.8710859956632544,
      "lane_volatility_cv": 0.5661907476156165,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "MAR",
      "hs_code": "300215",
      "hs_description": "Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale",
      "buyer_imports_latest_usd": 147417633.09789127,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1507236058659092,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BEL",
    "importer_iso3": "MAR",
    "distance_km": 2150,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": 1,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 132725.261467,
    "importer_gdp_per_capita_usd": 3554.05047330835,
    "importer_population": 37344.788,
    "importer_biz_entry_days": 9,
    "importer_biz_entry_cost_pct": 3.6,
    "exporter_gdp_million_usd": 599879.0253780001,
    "exporter_gdp_per_capita_usd": 51767.78857240694,
    "avg_applied_tariff_pct": 47.685190035878776,
    "avg_mfn_tariff_pct": 48.069846848484836,
    "avg_preferential_tariff_pct": 1.1137358973000002,
    "tariff_advantage_pp": 46.95611095118484
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BEL-MAR/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BEL-MAR/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BEL-MAR/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BEL-MAR/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BEL-MAR/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}