Home > Economy > Morocco’s Trade Slumps: Imports Down 15.9%, Exports Fall 8.4% in November
Morocco’s Trade Slumps: Imports Down 15.9%, Exports Fall 8.4% in November
Monday 4 January 2021, by
Imports and exports (automotive, textile and leather and aeronautics) showed a decline of 15.9% and 8.4% respectively at the end of November 2020 compared to the same period in 2019, according to recent statistics from the Office des Changes. However, there is an increase in sales in the agriculture and phosphates and derivatives sectors.
In detail, food imports amounted to 50.90 billion dirhams at the end of November 2020 compared to 43.75 billion dirhams at the end of November 2019, reports