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Keywords: Exports
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Morocco's aerospace industry has continued its remarkable growth, with exports reaching MAD 14.13 billion ($1.41 billion) during the first six months of 2025, an 8.8% increase compared to the same period last year, according to the Office des Changes. Decade of transformative growth The sector’s......
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
The U.S. government announced on Wednesday a sweeping new round of sanctions against Iran, targeting over 50 individuals, entities, and more than 50 ships allegedly connected to a commercial fleet controlled by the son of a prominent Iranian official. In what it described as the “largest Iran-related......
The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......
Spanish Prime Minister Pedro Sánchez announced on Monday his conditional support for the recently concluded European Union trade deal with the United States, though he admitted doing so “without any enthusiasm.” The agreement, brokered on Sunday by US President Donald Trump and European......
Morocco's trade exchanges with global markets recorded a notable increase of 6.3% in 2024, yet Europe retained its position as the country's dominant trade partner, despite a modest decline in its overall share. New data from Morocco’s Exchange Office reveals that European partners accounted......
Europe continued to dominate Morocco’s foreign trade in 2024, accounting for 62% of total trade volume, down slightly from 63.2% in 2023, according to the latest annual report by the Moroccan Office of Exchange. European countries provided 56.4% of Morocco’s imports and received 71.4% of......