Morocco's trade with foreign countries amounted to more than 280.25 billion dirhams in late June against 265.45 billion dirhams, year on year, an increase of 5.6% (14, 80 billion dirhams), according to the Exchange Office.
Source : https://www.marocafrik.com/english/Morocco-Foreign...
This increase is primarily attributable to increased imports up 6% (190.06 billion dirhams against 179.36 billion dirhams), including energy products up to 39.7%, says the Exchange Office, which recently published the preliminary indicators of foreign trade.
Merchandise exports rose 4.8% to 90.19 billion dirhams at the end of June against 86.08 billion dirhams, year on year the source said, adding that this increase is due to phosphates (6 , 4%) and its derivatives (1%).
Following these indicators, the trade balance worsened by 7.1%, from -93.28 billion dirhams at the end of June 2011 to -99.87 billion dirhams at the end of June, while the coverage of the trade balance reached 47.5% at end-June against 48% a year earlier.
Merchandise exports rose 4.8% to 90.19 billion dirhams at the end of June against 86.08 billion dirhams, year on year the source said, adding that this increase is due to phosphates (6 , 4%) and its derivatives (1%).
Following these indicators, the trade balance worsened by 7.1%, from -93.28 billion dirhams at the end of June 2011 to -99.87 billion dirhams at the end of June, while the coverage of the trade balance reached 47.5% at end-June against 48% a year earlier.
Source : https://www.marocafrik.com/english/Morocco-Foreign...
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