Tag: Trade deficit
Morocco’s trade deficit widens by 15.9% by end of July 2025
Morocco's trade deficit deepened significantly in the first seven months of 2025, reaching 194.9 billion dirhams, up 15.9% from 168.2 billion dirhams recorded during the ... Read More
Morocco seeks more Turkish investments to compensate trade deficit
Morocco is reportedly seeking a re-negotiation of its free trade agreement with Turkey as it seeks more Turkish investments to compensate for an expanding trade ... Read More
Morocco’s automotive, phosphates exports mitigate an expanding trade deficit
Morocco’s automotive sector, phosphates, agri-food and the aerospace industry exports showed resilience in the face of global economic uncertainties and helped mitigate an expanding trade ... Read More
Investment push widens Morocco’s trade deficit
The ongoing development projects in Morocco meant the country had to import more equipment and semi-finished products in 2024, leading to an expansion of the ... Read More
Morocco’s trade deficit shrinks up to May
Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still ... Read More
Morocco’s trade deficit shrinks by 14.6% in first quarter 2024
Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector ... Read More
Morocco’s trade deficit shrinks in 2023 following record exports
Morocco’s trade deficit shrank 7.5% in 2023 thanks to a record performance by the tourism and automotive sector and higher remittances from Moroccans abroad. The ... Read More
Morocco narrows its trade deficit by 7.6% in November
Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at ... Read More
Morocco’s trade deficit narrows on lower energy imports
Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting ... Read More
Energy, commodities imports deepen Morocco’s trade deficit
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