Morocco trade deficit shrinks 7% on tourism and lower imports
Home to Stellantis, opens new tab and Renault, opens new tab production plants, Morocco reported a more than 27 per cent gain in automotive sector exports to a record 141 billion dirhams.
Morocco's energy imports dropped 20.4 per cent to 122 billion dirhams after a drop both in demand and prices in the international market. (Image credit: Reuters)