Trade between Russia and Morocco in 2021 based on data from the Federal Customs Service of Russia

Report on foreign trade between Russia and Morocco in 2021: trade turnover, exports, imports, structure, goods, dynamics.

Trade turnover between Russia and Morocco

In 2021, Russia's trade turnover with Morocco amounted to 1,649,473,562 US dollars, an increase of 42.34% (490,633,244 US dollars) compared to 2020.

Russia's exports to Morocco in 2021 amounted to 1,213,927,538 US dollars, an increase of 58.50% (448,043,619 US dollars) compared to 2020.

Russia's imports from Morocco in 2021 amounted to 435,546,024 US dollars, an increase of 10.84% (42,589,625 US dollars) compared to 2020.

The trade balance of Russia with Morocco in 2021 was positive in the amount of 778,381,514 US dollars. Compared to 2020, the surplus increased by 108.72% (405,453,994 US dollars).

The share of Morocco in Russia's foreign trade turnover in 2021 was 0.2101% against 0.2041% in 2020. In terms of the share of Russian trade turnover in 2021, Morocco ranked 60th (in 2020 – 61st).

The share of Morocco in Russia's exports in 2021 was 0.2469% against 0.2277% in 2020. Morocco ranked 55th in terms of its share in Russian exports in 2021 (58th in 2020).

The share of Morocco in Russia's imports in 2021 was 0.1484% against 0.1698% in 2020. In terms of the share of Russian imports in 2021, Morocco took 61st place (in 2020 – also 61st place).

Russian exports to Morocco

In the structure of Russia's exports to Morocco in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:

• Mineral products (HS codes 25-27) - 61.85% of the total volume of Russian exports to Morocco (in 2020 – 63.20%);

• Chemical industry products (HS codes 28-40) - 27.24% of Russia's total exports to Morocco (in 2020 – 19.41%);

• Metals and products made from them (HS codes 72-83) - 5.49% of the total volume of Russian exports to Morocco (in 2020 – 3.42%);

• Food products and agricultural raw materials (HS codes 01-24) - 3.42% of the total volume of Russian exports to Morocco (in 2020 – 12.64%);

• Wood and pulp and paper products (HS codes 44-49) - 1.18% of Russia's total exports to Morocco (in 2020 – 0.79%).

The largest increase in Russia 's exports to Morocco in 2021 compared to 2020 was recorded in the following commodity groups:

• Mineral fuel, oil and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of 245,587,567 US dollars;

• Products of inorganic chemistry; inorganic or organic compounds of precious metals, rare earth metals, radioactive elements or isotopes (HS Code 28) - an increase of 95 320 549 USD;

• Fertilizers (HS Code 31) - an increase of 68,875,443 US dollars;

• Aluminum and its products (HS Code 76) - an increase of $43,321,931;

• Salt; sulfur; earth and stone; plaster materials, lime and cement (HS Code 25) - an increase of $21,130,776;

• Organic Chemical Compounds (HS Code 29) - an increase of $18,447,173;

• Meat and edible meat offal (HS Code 02) - an increase of $9,420,958;

• Paper and cardboard; products made of paper pulp, paper or cardboard (HS Code 48) - an increase of 5,165,511 US dollars;

• Means of land transport, other than railway or tram rolling stock, and their parts and accessories (HS code 87) - an increase of 5,106,452 US dollars.

The largest reduction in Russia's exports to Morocco in 2021 compared to 2020 was recorded for the following commodity groups:

• Cereals (HS code 10) - a decrease of 64,022,658 US dollars.

Import of Russia from Morocco

In the structure of Russia's imports from Morocco in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:

• Food products and agricultural raw materials (HS codes 01-24) - 47.62% of Russia's total imports from Morocco (in 2020 – 60.07%);

• Textiles and footwear (HS codes 50-67) - 34.72% of Russia's total imports from Morocco (in 2020 – 28.01%);

• Machinery, equipment and vehicles (HS codes 84-90) - 13.27% of Russia's total imports from Morocco (in 2020 – 4.94%);

• Mineral products (HS codes 25-27) - 2.02% of Russia's total imports from Morocco (in 2020 – 0.73%);

• Metals and products made from them (HS codes 72-83) - 0.99% of the total volume of Russian imports from Morocco (in 2020 – 1.53%).

The largest increase in Russia 's imports from Morocco in 2021 compared to 2020 was recorded for the following commodity groups:

• Nuclear reactors, boilers, equipment and mechanical devices; their parts (HS Code 84) - an increase of $33,752,119;

• Items of clothing and accessories to clothing, except knitted or crocheted (HS Code 62) - an increase of $28,546,469;

• Edible fruits and nuts; citrus fruit peel or melon peel (HS Code 08) - an increase of $13,694,901;

• Garments and clothing accessories, knitted or crocheted (HS Code 61) - an increase of 7,728,183 US dollars;

• Sugar and sugar confectionery (HS Code 17) - an increase of $4,903,405;

• Salt; sulfur; earth and stone; plaster materials, lime and cement (HS Code 25) - an increase of 4,903,071 US dollars;

• Electrical machines and equipment, their parts; sound recording and reproducing equipment, equipment for recording and reproducing television images and sound, their parts and accessories (HS code 85) - an increase of 1,830,813 US dollars.

The largest reduction in Russia 's imports from Morocco in 2021 compared to 2020 was recorded for the following commodity groups:

• Vegetables and some Edible root Crops and Tubers (HS Code 07) - a reduction of 54,055,902 US dollars;

• Copper and its products (HS Code 74) - a reduction of 1,957,463 US dollars.

Import of Russia from Morocco

In the structure of Russia's imports from Morocco in 2021 (and in 2020), the main share of deliveries fell on the following types of goods: