Morocco’s trade deficit grows in the first nine months of 2018
From January to September 2018, Morocco’s trade deficit grew to 152.2 billion dirhams, raising to 8.2 percent compared to last year, reports Reuters quoting the foreign exchange regulator.
The country’s imports increased by 9.7 percent, reaching 353.8 billion dirhams while exports accounted for 201.5 billion dirhams.
Energy imports, on the other hand, rose to 19.4 percent, 60.5 billion dirhams in the Kingdom. Automotive sector heads Morocco’s exports, raising to 14.6