Cyprus (CYP) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Cyprus-Morocco Trade: In 2022, Cyprus exported $5.47M to Morocco. The main products that Cyprus exported to Morocco were Locust beans, seaweed, sugar beet, cane, for food ($3.94M), Light Fixtures ($553k), and Leather Footwear ($171k). Over the past 5 years the exports of Cyprus to Morocco have increased at an annualized rate of 14.8%, from $2.75M in 2017 to $5.47M in 2022.

In 2012, Cyprus exported services to Morocco worth $1.28M, with Financial services ($1.28M) being the largest in terms of value.

Morocco-Cyprus Trade: In 2022, Morocco exported $18.7M to Cyprus. The main products that Morocco exported to Cyprus were Calcium Phosphates ($8.91M), Raw Sugar ($4.64M), and Cars ($2.07M). Over the past 5 years the exports of Morocco to Cyprus have increased at an annualized rate of 47.9%, from $2.64M in 2017 to $18.7M in 2022.

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

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $5.47M to Morocco. The main products exported from Cyprus to Morocco were Locust beans, seaweed, sugar beet, cane, for food ($3.94M), Light Fixtures ($553k), and Leather Footwear ($171k). During the last 5 years the exports of Cyprus to Morocco have increased at an annualized rate of 14.8%, from $2.75M in 2017 to $5.47M in 2022.

In 2017, Morocco exported $18.7M to Cyprus. The main products exported from Morocco to Cyprus were Calcium Phosphates ($8.91M), Raw Sugar ($4.64M), and Cars ($2.07M). During the last 5 years the exports of Morocco to Cyprus have increased at an annualized rate of 47.9%, from $2.64M in 2022 to $18.7M in 2017.

Exports from Cyprus () to Morocco () (2022)

Exports from Morocco () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Morocco ()

Cyprus Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Cyprus than Morocco included Greece ($471M), Liberia ($255M), and Lebanon ($329M).

In 2022, countries that imported more from Morocco than Cyprus included Spain ($8.55B), France ($7.92B), and India ($2.99B).

Difference in imports from Morocco () and Cyprus () (2022)

Comparative Advantage Cyprus - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Morocco in the exports of Vegetable Products ($3.94M), Miscellaneous ($625k), and Textiles ($290k).

During 2017, Morocco had a large net trade with Cyprus in the exports of Mineral Products ($9.19M), Foodstuffs ($5.92M), and Transportation ($2.09M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Morocco () (2022)

Exports from Morocco () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Morocco ()

Cyprus Exports

Morocco Exports

Market Competitiveness

Difference in imports from Morocco () and Cyprus () (2022)

Comparative Advantage Cyprus - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Morocco () (2022)

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