2022
Flag  
GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Morocco-Sri Lanka Trade: In 2022, Morocco exported $2.07M to Sri Lanka. The main products that Morocco exported to Sri Lanka were Spices ($949k), Spice Seeds ($314k), and Mattresses ($177k). Over the past 5 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 22.8%, from $7.56M in 2017 to $2.07M in 2022.

In 2022, Morocco did not export any services to Sri Lanka.

Sri Lanka-Morocco Trade: In 2022, Sri Lanka exported $28.8M to Morocco. The main products that Sri Lanka exported to Morocco were Peat ($12.9M), Coconut and Other Vegetable Fibers ($7.13M), and Other Vegetable Products ($1.24M). Over the past 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 22.7%,  from $10.4M in 2017 to $28.8M in 2022.

In 2022, Sri Lanka did not export any services to Morocco.

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $2.07M to Sri Lanka. The main products exported from Morocco to Sri Lanka were Spices ($949k), Spice Seeds ($314k), and Mattresses ($177k). During the last 15 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 39.2%, from $8.91k in 2005 to $2.07M in 2022.

In 2017, Sri Lanka exported $28.8M to Morocco. The main products exported from Sri Lanka to Morocco were Peat ($12.9M), Coconut and Other Vegetable Fibers ($7.13M), and Other Vegetable Products ($1.24M). During the last 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 89.7%, from $5.76k in 2022 to $28.8M in 2017.

Exports from Morocco (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Morocco (Flag) (2022)

Latest Data

Trade between Morocco (Flag) and Sri Lanka (Flag)

Morocco Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Sri Lanka
Top Destination
United States$3.52B

This map shows whether countries import more from Morocco or Sri Lanka. Each country is colored based on the difference in imports they receive from Morocco and Sri Lanka or the difference in the growth in imports.

In 2022, countries that imported more from Morocco than Sri Lanka included Spain ($8.55B), France ($7.92B), and Brazil ($1.96B).

In 2022, countries that imported more from Sri Lanka than Morocco included United States ($3.52B), United Arab Emirates ($397M), and Australia ($289M).

Difference in imports from Sri Lanka (Flag) and Morocco (Flag) (2022)

Comparative Advantage Morocco - Sri Lanka

Flow
Scale

This chart compares trade between Morocco and Sri Lanka by product, considering products traded by both, Morocco and Sri Lanka.

During 2022, Morocco had a large net trade with Sri Lanka in the exports of Vegetable Products ($1.27M), Textiles ($314k), and Miscellaneous ($177k).

During 2017, Sri Lanka had a large net trade with Morocco in the exports of Mineral Products ($13M), Textiles ($10.4M), and Vegetable Products ($2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Sri Lanka+$73.5kSpice Seeds
Top Product Potential Sri Lanka Morocco+$924kTea

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Morocco and Sri Lanka. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Morocco.

Product Space of Morocco (Flag) and Sri Lanka (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with