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Morocco's trade gap hits 244.69B dirhams
According to data from the Exchange Office, Morocco's trade deficit reached 244.69 billion dirhams during the first seven months of 2026, marking an increase of 26.5% compared to the same period last year. This rise was driven by a 15.9% increase in imports, which totaled 544.05 billion dirhams, while exports grew by 8.4%, reaching 299.34 billion dirhams. As a result, the import coverage rate by exports declined to 55%. Additionally, imports of raw materials increased by 52.2%, energy products by 29.1%, and processed and consumer goods by 20.8% and 12.3%, respectively.
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