Morocco-Brazil Bilateral Trade Analysis 2023

Complete trade statistics: $2.75B total volume •Morocco surplus: $166.01M

MoroccoBrazil

$1.46B

Exports (2023)

BrazilMorocco

$1.29B

Imports (2023)

Trade Balance

$166.01M

Surplus for Morocco

Total Trade

$2.75B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Morocco and Brazil. Green line shows exports from Morocco, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Morocco-Brazil commercial relationship and competitive positioning in global markets.

MoroccoBrazil Exports

$1.46B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
58.3% top product
1Fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate)
$850.93M
58.3% of exports
2Fertilizers, mineral or chemical: phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (P2O5)
$281.82M
19.3% of exports
3Phosphoric acid and polyphosphoric acids
$68.86M
4.7% of exports
4Fertilizers, mineral or chemical: diammonium hydrogenorthophosphate (diammonium phosphate)
$41.54M
2.8% of exports
5Fertilizers, mineral or chemical: containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates
$36.82M
2.5% of exports

🎯 Strategic Export Focus

Morocco's export portfolio to Brazil demonstrates strategic specialization, with fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) representing a key competitive advantage in this bilateral market.

BrazilMorocco Imports

$1.29B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
62.7% concentration
1Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter
$810.30M
62.7% of imports
2Cereals: maize (corn), other than seed
$295.92M
22.9% of imports
3Spices: pepper (of the genus piper), neither crushed nor ground
$23.25M
1.8% of imports
4Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$18.39M
1.4% of imports
5Meat: of bovine animals, carcasses and half-carcasses, frozen
$12.98M
1.0% of imports

📦 Import Strategy Analysis

Morocco's import pattern from Brazil reveals strategic sourcingin sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Morocco demonstrates competitive strength in exportingfertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) to Brazil, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $2.75B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Morocco-Brazil Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $2.75 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Morocco maintains a surplus of $166.01 million
  • Export Focus: Morocco's primary exports include fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate), fertilizers, mineral or chemical: phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (p2o5), phosphoric acid and polyphosphoric acids
  • Import Dependencies: Key imports from Brazil include sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, cereals: maize (corn), other than seed, spices: pepper (of the genus piper), neither crushed nor ground

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $2.75B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Morocco leveraging its comparative advantages in fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate).

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Morocco's specialization in fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate)complements Brazil's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $2.75B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $2.75B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $2.75 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) and sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Morocco's trade surplus of $166.01 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fertilizers, mineral or chemical: phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (p2o5) present expansion opportunities.
Market Diversification
Beyond current focus on sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Morocco and Brazil represents a total trade volume of $2.75 billion in 2023. This partnership demonstrates a favorable trade balance for Morocco, with exports exceeding importsby $166.01 million.

Export Strengths

Morocco's exports to Brazil total $1.46 billion, with competitive advantages in fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate), representing $850.93M or58.3% of bilateral exports.

Import Dependencies

Imports from Brazil amount to $1.29 billion, highlighting economic interdependence in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, with Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter comprising62.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Morocco's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023