Morocco’s Trade Deficit News: Insights and Analysis

2024-01-01 15:58:44

CThis drop is explained, essentially, by the decline in supplies of diesel and fuel oils of 17.86 billion dirhams, indicates the Office in its recent bulletin on monthly indicators of foreign trade.

This development is dependent on the drop in prices of 17.6%, combined with the drop in imported quantities of 9.7%, adds the same source.

At the same time, purchases of semi-finished products showed a drop of 11.3% in particular, following the reduction in purchases of ammonia of 59.1%. For their part, imports of raw products fell by 23.6% to 31.26 billion dirhams, under the effect of the 60% drop in purchases of raw sulfur.

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