Public Management

Morocco: trade deficit rose to 8.6% in 2018

Tuesday, 26 February 2019 12:18
Morocco: trade deficit rose to 8.6% in 2018

(Ecofin Agency) - In 2018, Morocco’s trade deficit was 8.6%, the finance ministry revealed in the February 2019 note on the economic situation published last week. This represents a rise of 2.1% compared with the 6.5% deficit recorded in 2017. However, on a year-to-year basis, this rise (2.1%) is slightly below the 2.6% increase recorded between 2016 and 2017.

According to the note, this deficit is due to the 10.4% increase in exports against a 9.6% rise in imports.

As far as exports are concerned, the institution informs that they reached MAD274.7 billion (about $28.8 billion) due notably to auto, aeronautics, agroindustry and agribusiness, textile and leather as well as the phosphate and derivate sectors. These sectors contributed to 80% of the overall rise.

During the period under review, the bulk of the rise was carried by the energy sector (as usual for more than two financial years now) with the rise of the imports of energy products contributing to 30% of the overall rise of imports. Apart from energy products (18%), the country’s imports were boosted by capital goods (9.5%), food products (7.7%), consumer products (7.9%).

Let’s note that during the period under review, the import coverage ratio rose from 56.8% (in 2017) to 57.2%.

Mouka Mezonlin

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom




Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.