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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
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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