Country export capability

Morocco
export capability

A reported view of Morocco's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

MAR1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$46.9B2024 reported value
Latest imports$73.5B2024 reported value
Trade balance-$26.6BExports minus imports
Export growth+9.7%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Morocco export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Morocco recorded $46.9B in exports and $73.5B in imports. The resulting -$26.6B trade balance gives the latest country-level position a clear context.

Exports changed +9.7% year on year and show a calculated +8.1% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Spain received $9.1B in reported exports, representing 19.4% of the latest country total. Electrical machinery was the largest displayed HS2 export sector at $8.1B and 17.2% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Morocco's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$160.6B2024 macro context
GDP per capita$4.2KCurrent-dollar GDP
Population38.1MReported population
Labor force12.7KReported labor force
Investment rate32.8%National investment rate
Savings rate20.6%National savings rate
Trade openness75.5%Exports + imports / GDP
Exports / GDP29.4%Merchandise exports / GDP
Secondary education42%Education context
Tertiary education14.5%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Morocco
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
BrazilBRACritical attention98.4%30.7%28.8%Tariff, distance or agreement conditions create market-access friction
SpainESPWatch43.8%16.8%1.5%Volatile products account for the largest observed corridor exposure
PolandPOLWatch20.5%15.7%13.3%Volatile products account for the largest observed corridor exposure
United Rep. of TanzaniaTZACritical attention98.8%36.9%18%Buyer-market concentration is the largest observed corridor exposure
New ZealandNZLCritical attention97.7%80.3%6%Tariff, distance or agreement conditions create market-access friction
KenyaKENCritical attention99.5%47.5%27.7%Buyer-market concentration is the largest observed corridor exposure
JapanJPNHigh attention92.8%39.4%2%Tariff, distance or agreement conditions create market-access friction
RussiaRUSCritical attention61.8%59.9%6.7%Current trade remains materially below historical peaks
MexicoMEXHigh attention86.6%12.1%13.6%Tariff, distance or agreement conditions create market-access friction
Republic of KoreaKORCritical attention77.6%35.1%14.5%Tariff, distance or agreement conditions create market-access friction

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Morocco
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.1B0%Declining -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Declining +1.1%
3ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Growing +10.5%
4IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$73.0B0%Growing -0.5%
5ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Accelerating +20.6%
6ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.2B0.2%Accelerating +4%
7USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Growing -8.8%
8USA, Puerto Rico and US Virgin IslandsHS6 847150 · Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$53.9B$45.6B0%Growing +60.2%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Morocco.
All HS4 export lines2024 ranking
Top HS4 export lines for Morocco
RankHS4Parent HS2 sectorExportsShareActive HS6
18703HS4 detail codeVehicles (87) ↗$6.1B13%14
23105HS4 detail codeFertilisers (31) ↗$6.1B12.9%8
38544HS4 detail codeElectrical machinery (85) ↗$4.7B10.1%8
46204HS4 detail codeNon-knitted clothing (62) ↗$1.7B3.7%25
52809HS4 detail codeInorganic chemicals (28) ↗$1.6B3.5%2
68708HS4 detail codeVehicles (87) ↗$1.4B2.9%14
70702HS4 detail codeVegetables (07) ↗$1.3B2.8%1
82510HS4 detail codeSalt, sulphur, earths and stone (25) ↗$1.2B2.6%2
90307HS4 detail codeFish and crustaceans (03) ↗$1.1B2.3%24
100810HS4 detail codeEdible fruit and nuts (08) ↗$1.1B2.3%8
113103HS4 detail codeFertilisers (31) ↗$1.0B2.2%3
128803HS4 detail codeAircraft (88) ↗$951.3M2%4

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Morocco combines $46.9B in exports with a broad partner network.

In 2024, Morocco recorded $46.9B in reported exports and $73.5B in imports, producing a reported trade deficit of $26.6B. Exports changed +9.7% year on year and +8.1% annualized over three years. Electrical machinery (HS2 85) was the largest displayed export sector by value.

Destination network

Where Morocco exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Morocco
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1SpainESP$9.1B19.4%+1.3%+5.1%
2FranceFRA$7.9B16.8%+10.5%+4.9%
3GermanyDEU$2.8B6%+6.3%+22%
4ItalyITA$2.3B4.8%+8.1%+13.5%
5United KingdomGBR$2.1B4.5%+9.1%+21.6%
6IndiaIND$1.8B3.9%+33.6%+2.3%
7BrazilBRA$1.5B3.2%+14%-9%
8USA, Puerto Rico and US Virgin IslandsUSA$1.5B3.2%+13.5%+13.8%
9TurkeyTUR$1.3B2.8%-1.3%+13.5%
10ChinaCHN$1.1B2.4%+38.1%+19%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$22.0B
2014
$23.7B
2015
$23.2B
2016
$23.8B
2017
$26.5B
2018
$29.7B
2019
$29.7B
2020
$28.0B
2021
$37.2B
2022
$42.7B
2023
$42.8B
2024
$46.9B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets50Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners4Country context
Shared-language partners61Country context
Average partner distance6,892 kmCalculated average
Partners with FTA18.5%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share44%

Covered value under attention

Critical share2.2%

Covered value marked critical

Below historical peak18.6%

Distance below route peaks

FTA-covered exports73.1%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score9.2

History-based indicator

Partner concentration814.3

Partner HHI

Product concentration229.5

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3MAR
Exports Usd$46.9B
Imports Usd$73.5B
Trade Balance Usd-$26.6B
Yoy Exports Growth Pct9.7%
Yoy Imports Growth Pct10.1%
Exports Cagr 3y Pct8.1%
Imports Cagr 3y Pct10%
Export Partner Hhi814.3
Export Product Hhi229.5
Momentum Score9.2
Risk Score5.2
Gdp Million Usd160,610.99 million USD
Gdp Per Capita Usd$4.2K
Population38,081,173
Labor Force12,709.3
Investment Rate Pct32.8%
Savings Rate Pct20.6%
Secondary Education Pct42%
Tertiary Education Pct14.5%
Total Factor Productivity528.7
Trade Openness Pct75.5%
Exports Gdp Pct29.4%
Num Active Partners270
Num Fta Partners50
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners4
Num Shared Language Partners61
Avg Partner Distance Km6,892 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta19
Pct Partners Shared Language23
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km6,815
Num Border Partners40
Num Colonial Partners40
Avg Substitution Elasticity-9.7
Pct Products High Elasticity73
Pct Products Low Elasticity3
Real Market Potential128,619.5
Foreign Market Potential19,895.1

Exposure fields

Country Iso3MAR
All History Lane Count12,166
Current Lane Count8,052
Critical Lane Count41
High Attention Lane Count988
High Volatility Lane Count4,614
Unrecovered Drawdown Lane Count2,984
Declining Demand Lane Count55
Concentrated Market Lane Count3,052
Access Friction Lane Count1,391
Buyer Macro Weakness Lane Count382
Monitored Exports Current Usd$44.4B
Attention Exports Usd$19.5B
Critical Exports Usd$968.2M
High Volatility Exports Usd$23.5B
Unrecovered Drawdown Exports Usd$5.2B
Non Fta Exports Usd$11.3B
Monitored Attention Share Pct44%
Monitored Critical Share Pct2.2%
Fta Covered Exports Share Pct73.1%
Export Weighted Volatility Cv1.1
Export Weighted Below Peak Pct18.6%
Export Weighted Distance Km3,452 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$46.9B
Total Imports Latest Usd$73.5B
Trade Balance Latest Usd-$26.6B
Exports Yoy Latest Pct9.7%
Exports Cagr 3y Latest Pct8.1%
Gdp Latest Million Usd160,610.99 million USD
Gdp Per Capita Latest Usd$4.2K
Population Latest38,081,173
Investment Rate Latest Pct32.8%
Savings Rate Latest Pct20.6%
Trade Openness Latest Pct75.5%
Exports Gdp Latest Pct29.4%
Active Partners Latest270
Fta Partners Latest50
Foreign Market Potential Latest19,895.1
Gdp 5y Cagr Pct4.5%
Gdp Per Capita 5y Cagr Pct3.4%
Population 5y Cagr Pct1%
Partner Hhi Latest814.3
Partner Top1 Share Latest Pct19.4%
Partner Top3 Share Latest Pct42.2%
Partner Hhi All Avg1,100.9
Partner Hhi All Max1,538.3
Product Hhi Latest229.5
Product Top1 Share Latest Pct7.6%
Product Top3 Share Latest Pct19.6%
Product Hhi All Avg192.6
Product Hhi All Max336.2
Total Exports Attention Share Pct41.6%
Total Exports Critical Share Pct2.1%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$6.4B$8.9B-$2.6BNot reportedNot reported
1996$6.6B$8.8B-$2.2B+2.7%Not reported
1997$6.2B$8.4B-$2.2B-5.1%Not reported
1998$7.4B$9.7B-$2.3B+17.9%+4.8%
1999$7.9B$10.3B-$2.4B+6.9%+6.2%
2000$7.8B$11.3B-$3.5B-0.3%+7.9%
2001$7.8B$10.8B-$2.9B+0.1%+2.2%
2002$8.5B$12.0B-$3.5B+8.3%+2.6%
2003$9.6B$14.1B-$4.5B+12.8%+6.9%
2004$11.1B$17.7B-$6.6B+16%+12.3%
2005$12.2B$20.7B-$8.5B+9.8%+12.8%
2006$13.7B$23.2B-$9.5B+12.5%+12.7%
2007$16.6B$30.3B-$13.7B+21.1%+14.4%
2008$21.2B$39.6B-$18.4B+27.7%+20.3%
2009$14.5B$30.4B-$15.9B-31.6%+1.9%
2010$17.8B$33.5B-$15.7B+22.8%+2.4%
2011$22.2B$41.8B-$19.6B+24.4%+1.5%
2012$21.5B$42.3B-$20.8B-2.9%+14%
2013$22.0B$42.3B-$20.4B+2%+7.2%
2014$23.7B$42.7B-$19.0B+7.9%+2.2%
2015$23.2B$35.4B-$12.2B-2.2%+2.5%
2016$23.8B$38.9B-$15.1B+2.7%+2.7%
2017$26.5B$41.9B-$15.4B+11.2%+3.7%
2018$29.7B$47.3B-$17.6B+12.3%+8.6%
2019$29.7B$47.8B-$18.1B-0.1%+7.6%
2020$28.0B$41.2B-$13.2B-5.5%+1.9%
2021$37.2B$55.2B-$18.0B+32.6%+7.8%
2022$42.7B$68.5B-$25.8B+14.9%+12.9%
2023$42.8B$66.8B-$24.0B+0.1%+15.1%
2024$46.9B$73.5B-$26.6B+9.7%+8.1%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
185Electrical machinery$8.1B17.2%161261
287Vehicles$7.9B16.8%14587
331Fertilisers$7.1B15.1%11824
462Non-knitted clothing$3.5B7.6%158112
508Edible fruit and nuts$2.3B4.9%11666
607Vegetables$2.2B4.7%10763
728Inorganic chemicals$1.8B3.7%105173
803Fish and crustaceans$1.7B3.7%121207
925Salt, sulphur, earths and stone$1.6B3.4%11966
1061Knitted clothing$1.3B2.7%149106

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18703Vehicles (87)$6.1B13%14
23105Fertilisers (31)$6.1B12.9%8
38544Electrical machinery (85)$4.7B10.1%8
46204Non-knitted clothing (62)$1.7B3.7%25
52809Inorganic chemicals (28)$1.6B3.5%2
68708Vehicles (87)$1.4B2.9%14
70702Vegetables (07)$1.3B2.8%1
82510Salt, sulphur, earths and stone (25)$1.2B2.6%2
90307Fish and crustaceans (03)$1.1B2.3%24
100810Edible fruit and nuts (08)$1.1B2.3%8
113103Fertilisers (31)$1.0B2.2%3
128803Aircraft (88)$951.3M2%4

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1SpainESP$9.1B19.4%+1.3%+5.1%
2FranceFRA$7.9B16.8%+10.5%+4.9%
3GermanyDEU$2.8B6%+6.3%+22%
4ItalyITA$2.3B4.8%+8.1%+13.5%
5United KingdomGBR$2.1B4.5%+9.1%+21.6%
6IndiaIND$1.8B3.9%+33.6%+2.3%
7BrazilBRA$1.5B3.2%+14%-9%
8USA, Puerto Rico and US Virgin IslandsUSA$1.5B3.2%+13.5%+13.8%
9TurkeyTUR$1.3B2.8%-1.3%+13.5%
10ChinaCHN$1.1B2.4%+38.1%+19%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Brazil (BRA)Critical attention98.4%30.7%28.8%Tariff, distance or agreement conditions create market-access friction
2Spain (ESP)Watch43.8%16.8%1.5%Volatile products account for the largest observed corridor exposure
3Poland (POL)Watch20.5%15.7%13.3%Volatile products account for the largest observed corridor exposure
4United Rep. of Tanzania (TZA)Critical attention98.8%36.9%18%Buyer-market concentration is the largest observed corridor exposure
5New Zealand (NZL)Critical attention97.7%80.3%6%Tariff, distance or agreement conditions create market-access friction
6Kenya (KEN)Critical attention99.5%47.5%27.7%Buyer-market concentration is the largest observed corridor exposure
7Japan (JPN)High attention92.8%39.4%2%Tariff, distance or agreement conditions create market-access friction
8Russia (RUS)Critical attention61.8%59.9%6.7%Current trade remains materially below historical peaks
9Mexico (MEX)High attention86.6%12.1%13.6%Tariff, distance or agreement conditions create market-access friction
10Republic of Korea (KOR)Critical attention77.6%35.1%14.5%Tariff, distance or agreement conditions create market-access friction

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1United Arab Emirates (ARE)901090new$721.4K51.5%100
2Angola (AGO)040221new$31.4M0.4%100
3Argentina (ARG)271019new$1.6B0.1%100
4Austria (AUT)283529new$9.5M22.1%100
5Angola (AGO)842839new$7.9M1.3%100
6Hungary (HUN)844819new$379.6K29.4%100
7Hungary (HUN)844520new$763.9K100%100
8Hungary (HUN)071331new$303.0K38.4%100
9Guyana (GUY)310390new$1.6M75.6%100
10Guatemala (GTM)271019new$2.0B0%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.1B0%Declining (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Declining (+1.1%)
3China (CHN)854231$158.0B$93.1B0%Growing (+10.5%)
4India (IND)270900$130.1B$73.0B0%Growing (-0.5%)
5China (CHN)854232$80.6B$65.7B0%Accelerating (+20.6%)
6China (CHN)854239$81.8B$61.2B0.2%Accelerating (+4%)
7USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Growing (-8.8%)
8USA, Puerto Rico and US Virgin Islands (USA)847150$53.9B$45.6B0%Growing (+60.2%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Morocco export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Morocco export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Morocco.

What is the latest reported export value for Morocco?

Morocco recorded $46.9B in reported exports in 2024.

Which markets receive the most exports from Morocco?

Spain leads by reported export value at $9.1B in 2024. Five destination lanes are highlighted.

Which sectors lead Morocco's exports?

Electrical machinery leads by reported value at $8.1B. Five HS2 chapters are highlighted.

How many years of Morocco trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.