Morocco / Spain

Morocco-Spain Trade: In 2022, Morocco exported $8.55B to Spain. The main products that Morocco exported to Spain were Insulated Wire ($1.55B), Non-Knit Women's Suits ($847M), and Cars ($710M). Over the past 5 years the exports of Morocco to Spain have increased at an annualized rate of 4.25%, from $6.94B in 2017 to $8.55B in 2022.

In 2022, Morocco did not export any services to Spain.

Spain-Morocco Trade: In 2022, Spain exported $12.1B to Morocco. The main products that Spain exported to Morocco were Refined Petroleum ($1.81B), Motor vehicles; parts and accessories (8701 to 8705) ($703M), and Spark-Ignition Engines ($700M). Over the past 5 years the exports of Spain to Morocco have increased at an annualized rate of 6.39%,  from $8.9B in 2017 to $12.1B in 2022.

In 2009, Spain exported services to Morocco worth $860M, with Services not allocated ($575M) and Transportation ($285M) being the largest in terms of value.

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).