The trade deficit established at 71.63 billion dirhams (MMDH) in the first three months of this year, in worsening of 16.9% compared to the same period a year earlier, according to the Exchange Office.
This development covers an increase in imports of goods (+6.9% to 187.7 MMDH) and exports (+1.5% to 116.07 MMDH), specifies the office in its bulletin on monthly indicators of external exchanges of March 2025, adding that the coverage rate has lost 3.3 points to 61.8%.
The increase in imports is attributable to the increase in all products, namely gross products (+27.6% to 9.36 mmdh), food products (+9.4% to 23.94 mmdh), finished consumption products (+8.7% to 43.59 mmdh), finished equipment products (+6.1% to 43.04 mmdh), half products (+4.3% to 39.17 MMDH) and energy and lubricants (+0.5% to 28.22 MMDH).
In terms of exports, they were supported by the “phosphates and derivatives” sectors (+18.2% to 20.3 MMDH), “other mining extractions” (+20.2% to 1.38 mmdh), “other industries” (+16.8% to 7.52 mmdh), “aeronautics” (+15% to 7.03 MMDH) and “agriculture and agro-almentament” (+0.8% to 26.74 mmdh).
On the other hand, exports from the “Electronic and Electricity”, “automotive” and “textile and leather” sectors fell 11.6% respectively to 4.21 MMDH, 7.8% to 37.36 MMDH and 1.4% to 11.51 MMDH.
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