2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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About

Nepal-Morocco Trade: In 2022, Nepal exported $176k to Morocco. The main products that Nepal exported to Morocco were Tufted Carpets ($47k), Imitation Jewellery ($30.8k), and Perfumes ($30.6k). Over the past 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.15%, from $124k in 2017 to $176k in 2022.

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

Morocco-Nepal Trade: In 2022, Morocco exported $22.7k to Nepal. The main products that Morocco exported to Nepal were Other Printed Material ($7.25k), Jewellery ($2.58k), and Gas and Liquid Flow Measuring Instruments ($2.44k). Over the past 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 37.3%,  from $235k in 2017 to $22.7k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), 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
Value

In 2022, Nepal exported $176k to Morocco. The main products exported from Nepal to Morocco were Tufted Carpets ($47k), Imitation Jewellery ($30.8k), and Perfumes ($30.6k). During the last 5 years the exports of Nepal to Morocco have increased at an annualized rate of 7.15%, from $124k in 2017 to $176k in 2022.

In 2017, Morocco exported $22.7k to Nepal. The main products exported from Morocco to Nepal were Other Printed Material ($7.25k), Jewellery ($2.58k), and Gas and Liquid Flow Measuring Instruments ($2.44k). During the last 5 years the exports of Morocco to Nepal have decreased at an annualized rate of 37.3%, from $235k in 2022 to $22.7k in 2017.

Exports from Nepal (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Nepal than Morocco included Bhutan ($3.99M), Central African Republic ($8.88M), and Burma ($1.64M).

In 2022, countries that imported more from Morocco than Nepal included Spain ($8.55B), France ($7.92B), and Italy ($2.2B).

Difference in imports from Morocco (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Morocco

Flow
Scale

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

During 2022, Nepal had a large net trade with Morocco in the exports of Textiles ($94.3k), Precious Metals ($31.6k), and Chemical Products ($30.6k).

During 2017, Morocco had a large net trade with Nepal in the exports of Paper Goods ($7.25k), Textiles ($4.42k), and Precious Metals ($2.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Morocco+$46.2kTufted Carpets
Top Product Potential Morocco Nepal+$17.8kMotor vehicles; parts and accessories (8701 to 8705)

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Nepal (Flag) and Morocco (Flag) (2022)

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