Fish and marine oil exports from Morocco: data, top buyers and prices
Morocco exported $136.5 million of fish and marine oil in 2024 (18.6 thousand tonnes). It ranks 10th of 114 countries for exports of this product. That is 35% less than in 2023. Over 2017-2024 the trade grew strongly, by about 8% a year on average. The peak in this period was 2023, at $211.6 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $136.5M | 18.6K t |
| 2023 | $211.6M | 37.6K t |
| 2022 | $153.4M | 44.8K t |
| 2021 | $63.5M | 29.3K t |
| 2020 | $86.4M | 43.0K t |
| 2019 | $60.9M | 32.6K t |
| 2018 | $76.4M | 33.2K t |
| 2017 | $77.8M | 35.2K t |
Where Morocco exports fish and marine oil to
The largest buyer markets were France (29%), Iceland (23%), Norway (14%). Among the main buyer markets, United Kingdom grew fastest (+549% on the year before).
| Destination | Value | Share |
|---|---|---|
| France | $40.2M | 30% |
| Iceland | $31.5M | 23% |
| Norway | $18.8M | 14% |
| Australia | $10.5M | 7.7% |
| United Kingdom | $8.8M | 6.5% |
| China | $8.4M | 6.1% |
| Chile | $5.2M | 3.8% |
| Spain | $3.0M | 2.2% |
| Germany | $2.2M | 1.6% |
| Peru | $2.0M | 1.5% |
Product types under HS 1504
| 1504.20 | Fats and oils and their fractions: of fish, (excluding liver-oils) | 100% |
| 1504.10 | Fish liver oil | 0.5% |
Codes and full descriptions: HS heading 1504.
Average export price per kg
The average declared value was about $7.34 per kg, 71% above the world average of $4.30. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Fish and marine oil imports to Morocco
Imports of fish and marine oil by Morocco reached $8.5 million in 2024 (2.3 thousand tonnes). One supplier dominates: Turkey accounted for 70% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Turkey | $5.9M | 70% |
| Colombia | $1.2M | 14% |
| France | $659K | 7.8% |
| Greece | $430K | 5.1% |
| Thailand | $279K | 3.3% |
| Belgium | $5K | 0.1% |
| Czech Republic | $2K | 0% |
| Spain | $0K | 0% |
| Germany | $0K | 0% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco fish and marine oil exports (HS 1504): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1504: Fats and oils and their fractions of fish or marine mammals; whether or not refined, but not chemically modified.
Common questions
What is the value of fish and marine oil exported by Morocco?
Morocco exported fish and marine oil worth $136.5 million in 2024, the latest year with complete public data, about 18.6 thousand tonnes. That ranks it 10th of 114 countries worldwide, with 3% of world exports. The value was down 35% on 2023.
Which countries buy fish and marine oil from Morocco?
France was the largest buyer with 29% of the value ($40.2 million), followed by Iceland (23%) and Norway (14%). The top three together account for 66%, out of 21 buyer countries in total. The United Kingdom grew fastest among the top ten, up 549% on the year.
What is the average export price of fish and marine oil per kg?
The average declared export value was about $7.34 per kg in 2024, 71% above the world average of $4.30 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of fish and marine oil from Morocco changed since 2017?
Exports went from $77.8 million in 2017 to $136.5 million in 2024, an increase of 76%. The peak was 2023 at $211.6 million. Over 8 years the average was $108.3 million a year.
Does Morocco also import fish and marine oil?
Yes. Morocco imported $8.5 million worth of this product in 2024, mainly from Turkey, Colombia and France. On balance Morocco is a net exporter of this product, by about $128.1 million a year.
What is the HS code for fish and marine oil?
The HS code for fish and marine oil is heading 1504. In Morocco the largest six-digit codes were 1504.20 (99% of the value) and 1504.10 (1%).
How can I find the companies behind this trade?
EximDataX rebuilds Morocco trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World fish and marine oil trade: top importers and exporters
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