2022
Exports | Imports
$1.08B | $1.96BWorld Rnk 31 / 226
Flag Rnk 8 / 1105
World Rnk 34 / 225
Flag Rnk 6 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 76 / 124
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.07Rnk 149 / 1025

About

Exports In 2022, Morocco exported $1.08B in Motor vehicles; parts and accessories (8701 to 8705), making it the 31st largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 8th most exported product in Morocco. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Morocco are: Spain ($431M), United States ($190M), France ($117M), Czechia ($93.6M), and Romania ($60.4M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Morocco between 2021 and 2022 were Spain ($99.5M), United States ($61M), and Germany ($31.7M).

Imports In 2022, Morocco imported $1.96B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 34th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 6th most imported product in Morocco. Morocco imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Spain ($703M), France ($298M), Romania ($276M), China ($128M), and Poland ($94.5M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Morocco between 2021 and 2022 were Slovakia ($28M), China ($27.9M), and Japan ($18.9M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (98) and CNH INDUSTRIAL AMERICA LLC (20) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Morocco to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.08B
IMPORTS (2022)$1.96B
NET TRADE (2022)-$878M

In 2022, Morocco exported $1.08B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Morocco exports on Motor vehicles; parts and accessories (8701 to 8705) were Spain ($431M), United States ($190M), France ($117M), Czechia ($93.6M), and Romania ($60.4M).

In 2022, Morocco imported $1.96B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Spain ($703M), France ($298M), Romania ($276M), China ($128M), and Poland ($94.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$99.5M (30.1%)
United States$61M (47.2%)
Germany$31.7M (221%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Morocco WERE (2021 - 2022):
Portugal-$28.3M (-66.5%)
Argentina-$6.15M (-16%)
Russia-$1.62M (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Morocco's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

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