Morocco’s Automotive, Phosphates Exports Mitigate an Expanding Trade Deficit – The North Africa Post
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Morocco’s automotive, phosphates exports mitigate an expanding trade deficit – The North Africa Post
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 deficit in the first four months this year. Home to production plants by Stellantis Renault and part suppliers, the automotive sector sold 49 billion dirhams, down 7%, topping all industrial […]
Morocco's trade deficit rises year-on-year from January to April Morocco's trade deficit rises according to a report by the Moroccan Exchange Office on Friday, May 30, 2025. Morocco's trade deficit rose by 22.8% year-on-year to 109 billion dirhams, equivalent to about $11.7 billion, in the first four months of 2025. In the same context, the office added in a monthly report that Morocco's imports jumped 9.1% compared to the previous year to 263 b…
Morocco’s Trade Deficit Surges Up to MAD 108.94 Billion From Jan-April
Morocco’s trade deficit reached MAD 108.94 billion as of the end of April, a 22.8% increase compared to the same period last year, according to the Office des Changes, Morocco’s foreign exchange regulator. The increase reflects a rise in goods imports (+9.1% to MAD 263.02 billion) and a slight increase in exports (+1.2% to MAD 154.08 billion), the office stated in its April 2025 bulletin on monthly foreign trade indicators. As a result, the cove…
The trade deficit stood at 108.94 billion dirhams (MMDH) at the end of April, an increase of 22.8% compared to the same period a year earlier, according to the Office for Exchanges. This trend covers an increase in imports of goods (+9.1% to 263.02 MMDH) and exports (+1.2% to 154.08 MMDH), explains the Office in its ... This article Exchange Office: The estimated trade deficit of 108.94 MMDH at the end of April appeared first on Diplomatic Moroc…
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