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Energy imports drive Moroccan trade deficit to 159 billion dirhams in five months

July 3, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Energy imports drive Moroccan trade deficit to 159 billion dirhams in five months

The trade deficit in Morocco surged by 20.8% during the first five months of 2026, reaching 159 billion dirhams ($17 billion), amid a significant rise in imports, particularly energy and equipment, outpacing export growth, according to data from the Moroccan Foreign Exchange Office. The data showed that imports rose by 11.8% year-on-year to 370 billion dirhams, while exports grew by only 5.8% to 211 billion dirhams, leading to a noticeable widening of the trade gap. Read the full content on Echourouk Online.

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