Morocco | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Morocco totalled $ 515 million in 2023. Sales of commodity group 27 from Morocco went up by 21% compared to 2022: exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 89 million (cumulative exports of commodity group 27 from Morocco amounted $425 million in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 1.21% of total exports from Morocco (cumulative merchandise exports from Morocco totalled $ 42 billion in 2023). The share of commodity group 27 in total exports from Morocco increased by 0.204 p.p. compared to 2022 (it was 1% in 2022 and cumulative exports from Morocco were equal to $ 42 billion).
Where does Morocco export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Morocco in 2023:
- Areas, nes with a share of 75% (389 million US$)
- Spain with a share of 6.94% (35 million US$)
- Senegal with a share of 3.7% (19.1 million US$)
- Ghana with a share of 3.2% (16.5 million US$)
- Burkina Faso with a share of 1.93% (10 million US$)
- Mauritania with a share of 1.73% (8.94 million US$)
- Côte d`Ivoire with a share of 1.71% (8.82 million US$)
- Mali with a share of 1.28% (6.63 million US$)
- Guinea - 4.41 million US$
- Saudi Arabia - 3.36 million US$
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Morocco in 2023 represented by the following main commodity groups:
- 92% (476 million US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 6.94% (35 million US$): 2716 - Electrical energy. (optional heading)
- 0.652% (3.36 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.021% (112 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.021% (110 thousand US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.01% (55 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.004% (23 thousand US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.001% (9.37 thousand US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0% (74 US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Morocco totalled $ 12 billion in 2023. Sales of commodity group 27 to Morocco decreased by 20% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 3.03 billion (the value of imports of commodity group 27 to Morocco was equal to $15 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 17% of total import flow to Morocco (in 2023, total imports to Morocco amounted to $ 70 billion). The share of commodity group 27 in total imports to Morocco decreased by 3.72 p.p. compared to 2022 (it was 20% in 2022 and cumulative imports to Morocco were equal to $ 72 billion).
Where does Morocco import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Morocco in 2023:
- USA with a share of 23% (2.83 billion US$)
- Spain with a share of 21% (2.59 billion US$)
- Saudi Arabia with a share of 12.7% (1.53 billion US$)
- Italy with a share of 6.04% (727 million US$)
- Russia with a share of 4.39% (529 million US$)
- Bahrain with a share of 3.89% (468 million US$)
- United Arab Emirates with a share of 3.34% (402 million US$)
- Greece with a share of 3.32% (400 million US$)
- Lithuania with a share of 2.25% (271 million US$)
- Turkey with a share of 1.94% (234 million US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Morocco in 2023 represented by the following main commodity groups:
- 63% (7.6 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 19.6% (2.36 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 11.4% (1.38 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 3.22% (388 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 1.85% (223 million US$): 2716 - Electrical energy. (optional heading)
- 0.396% (47 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.201% (24 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.063% (7.68 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.018% (2.28 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.005% (677 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
