Morocco: Foreign Trade receipts increased by 14 bn dirhams in June

This increase is primarily attributable to increased imports up 6% (190.06 billion dirhams against 179.36 billion dirhams), including energy products up to 39.7%, says the Exchange Office, which recently published the preliminary indicators of foreign trade.
 
Merchandise exports rose 4.8% to 90.19 billion dirhams at the end of June against 86.08 billion dirhams, year on year the source said, adding that this increase is due to phosphates (6 , 4%) and its derivatives (1%).
 
Following these indicators, the trade balance worsened by 7.1%, from -93.28 billion dirhams at the end of June 2011 to -99.87 billion dirhams at the end of June, while the coverage of the trade balance reached 47.5% at end-June against 48% a year earlier.