Morocco’s exports to Brazil reached $1.9 billion in 2021, up by 70.29% from 2020, and 98.29% from 2019 according to the Brazilian Ministry of the economy. Offset by the high cost of fertilizers, the bulk of Morocco’s exports to Brazil comprised close to $1.6 billion in fertilizers. This marked an increase from $934.17 million in 2020, followed by $170.5 million in precious metals and chemical products, up from $48.96 million in 2020. Exports of salt, sulphur, earth, stone, plaster, lime, and cement come in third place with $42.1 million, increasing from $57.87 million recorded in 2020. Meanwhile, Morocco’s fish, crustaceans, molluscs, and aquatics invertebrates exports to Brazil stood at $42 million in 2021, rising from $41.60 million in 2020 in cross-comparison with data from TradingEconomics, a data platform. Exports of Electrical and electronic equipment totaled $20 million, up from $519.84K in 2020. During the same period, Morocco-Brazil trade in textile articles, sets, and worn clothing stood at $19.7 million, up from $8.66K in 2020.
Also on the list of Moroccan exports to the South American country are aircraft and spacecraft parts with a $2.5 million market share, as well as vehicles other than railway, tramway with a $2.2 million. With these new figures, Morocco is now Brazil's second-largest trading partner in the Arab world -- Saudi Arabia being the first. Morocco’s imports to Brazil have been breaking records annually since 2016, exceeding a $1 billion threshold in 2020. Morocco’s exports to Brazil rose at an annual rate of 12.6%, increasing from $54.8 million in 1995 to $937 million in 2019, according to OCE, a data platform.