Foreign trade indicators at the end of March 2024: a decline in imports

HIBAPRESS-RABAT

For the first quarter of 2024, trade in goods marked a decline in imports and an increase in exports.

Indeed, imports fell by 4% or -7.2 billion Dirhams (DH billion), standing at DH 175.5 billion at the end of March 2024 compared to DH 182.7 billion at the end of March 2023.

For their part, exports showed an increase of 3% or +3.3 billion DH, standing at 113.6 billion DH (110.2 billion DH at the end of March 2023). Thus, the trade deficit reduced by 14.6%. The coverage rate, for its part, increased by 4.4 points.