CThis change is mainly due to the increase in sales of natural and chemical fertilizers (+17.96 billion dirhams) due to the price effect which more than doubled (8,354 dirhams/t at the end of May 2022).
On the other hand, the quantities exported fell by 10.2%.
The Foreign Exchange Office also reports an increase in exports of the agricultural and agri-food sector by 24% to 40.25 billion DH, following the simultaneous increase in sales of the food industry (+ 28.9%) and agriculture, forestry and hunting (+19.6%).
Recall that exports of goods amounted to 176.4 billion DH at the end of May 2022 against 125.3 billion DH a year earlier, i.e. a growth of 40.7%.
This increase concerns exports from all sectors, mainly those of phosphates and derivatives, the automotive sector and those of agriculture and agri-food.
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