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FINANCIAL NEWS
Morocco’s trade deficit grows by 18pct
18 Dec 2016
(MENAFN) Morocco’s trade deficit increased by 18 percent to USD16.43bn in the Jan-Nov period of this year compared with the same period of 2015.
Moreover, equipment imports increased by 25.5 percent to 106.71bn dirhams, whereas auto imports were 31.8 percent higher at 12.92bn dirhams.
In addition, wheat imports also grew as bad weather hurt the regional harvest last year, growing 37.5 percent from a year earlier to 11.22bn dirhams.
However, the energy import declined by 20 percent to 49.19bn dirhams compared with a year earlier due to lower prices in global market.
More News
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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