Tag: Trade deficit

Energy, commodities imports deepen Morocco’s trade deficit

October 3, 2022

Morocco’s trade deficit deepened 56% to 215 billion dirhams ($20 billion) up to August amid soaring prices of refined energy products, wheat and ammonia in ... Read More

Kenya’s fresh avocados hit Chinese market amid hopes of tackling trade deficit

September 13, 2022

Kenya has started exporting its fresh avocados — dubbed as "green gold" — to China, which is seen as a step in Beijing’s elaborate plan ... Read More

World Bank: Tunisia’s trade deficit continues to widen amid soaring inflation

September 8, 2022

The trade deficit in Tunisia widened by record 56% in the first semester of 2022, reaching 8.1% of GDP, while the budget deficit, exacerbated by ... Read More

Morocco’s trade deficit expands due to expensive energy imports

August 2, 2022

Morocco’s trade deficit up to June surged to 150.5 billion dirhams or 14.6 billion dollars as the country sustains a heavy energy bill on the ... Read More

Morocco’s trade deficit eases 23.1%, tourism receipts halve

February 6, 2021

Morocco’s trade deficit shrunk 23.1% as the pandemic lowered both imports and exports with tourism being the worst hit sector. Tourism revenues dropped 53.8% to ... Read More

Morocco’s trade deficit eases by 18.2% in July

September 3, 2020

Morocco’s trade deficit in the first seven months this year eased by 18.2% as foreign demand on Moroccan industrial exports curbs imports, the foreign exchange ... Read More

Morocco’s trade deficit eases 12% in May

July 2, 2020

Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% ... Read More

Morocco’s trade deficit drops by 1.9% at the end of April 2020

June 1, 2020

Morocco's trade deficit has shrunk by 1.9% to almost 66.25 billion dirhams ($6.9 billion) in the first four months of the current year, according to ... Read More

Morocco’s trade deficit slows to 1.5% in 2019

February 6, 2020

Morocco’s trade deficit has slowed to 1.5% in 2019 partly due to a fall in energy imports and a rise in agricultural and automotive sector ... Read More

Agriculture could help Morocco shrink trade deficit with China- McKinsey

May 24, 2019

Mckinsey said that agriculture stands as a promising sector for Morocco in order to bridge the gap in its trade deficit with China. The US ... Read More