Macro Analysis /
Morocco

Morocco: Morocco's foreign trade deficit widens 17.9% y/y in Jan-Jul

    EmergingMarketWatch
    2 September 2021
    • Both exports and imports continue to recover from lows last year
    • Automotive and phosphates underpin exports but growth is broad-based
    • Recovery in domestic demand is pushing imports higher
    • Travel receipts remain downbeat, while remittances soar so far this year