Morocco’s Trade Deficit Widens 10.1 Pct Year/Year in Jan-AugSource: www.export-egypt.com 9/14/2018, Location: Africa |
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Morocco’s trade deficit widened 10.1 percent to 137.9 billion dirhams ($14.7 billion) in the first eight months of 2018 compared with the same period last year, the foreign exchange regulator said
Imports grew 10.2 percent, outstripping a 10.2 increase in exports, the data showed. With no oil of its own, Morocco’s energy imports surged 18.8 percent while equipment imports grew 12.5 percent. Finished goods rose 6.6 percent. |
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