Keywords: Trade Deficit


China and EU reportedly agree to halve exports of Chinese hybrid and electric cars to Europe

China and the European Union have reportedly reached an agreement to reduce Chinese exports of electric and hybrid vehicles to the European market by around half, according to a report by The Guardian. The reported arrangement follows months of negotiations aimed at easing trade tensions and addressing......

Oil surge tests Morocco’s economy as energy bill jumps 29.1%

Morocco is absorbing a sharp rise in global energy prices without allowing the shock to translate immediately into broad-based inflation. By the end of August, consumer prices had increased by just 0.3%, even as Brent crude climbed to around $116 a barrel on September 22. The contrast highlights the......

Bank Al-Maghrib sees Morocco growth reach 4.4% as agriculture rebounds

Morocco's economy is set to expand by 4.4% in 2026, according to Bank Al-Maghrib's latest quarterly assessment, with a strong agricultural rebound and continued job creation providing important support to overall activity. The central bank expects growth to slow to 2.9% in 2027 as agricultural......

Morocco’s foreign exchange reserves set to exceed $55 billion in 2026

Morocco’s official foreign exchange reserves are expected to continue rising through 2026 and 2027, even as the country’s merchandise trade deficit widens under the pressure of higher energy costs and strong investment-related imports. Bank Al-Maghrib forecasts that official reserve assets......

US trade surplus with Morocco exceeds $2.8 billion as deficit with Algeria widens

The United States recorded a strong trade surplus with Morocco during the first seven months of 2026, while its trade relationship with Algeria moved in the opposite direction, according to data from the US Census Bureau. The figures highlight a significant difference in the structure and scale of Washington’s......

Morocco’s trade deficit widens to 352 billion dirhams in 2025

Morocco’s merchandise trade deficit expanded significantly in 2025, reaching approximately 352 billion dirhams ($37.5 billion), equivalent to around 21% of gross domestic product, according to figures cited in a recent report by the French Treasury Directorate published on September 10. The deficit......

Germany’s trade deficit with China widens as Chinese firms reduce reliance on European imports

Germany’s trade imbalance with China widened during the first half of 2026, as German exports to the Asian market declined sharply while imports from China continued to increase, according to preliminary data from Germany Trade & Invest (GTAI). The figures highlight a significant shift in......

US economy cools in second quarter as consumer spending and AI investment sustain growth

The U.S. economy lost momentum during the second quarter of 2026, expanding at a slower pace than economists had anticipated. However, resilient consumer spending and continued investment in artificial intelligence infrastructure suggest that domestic demand remains strong despite mounting external pressures. According......

Morocco's HCP forecasts narrower trade deficit by 2027 despite global challenges

Morocco's High Commission for Planning (HCP) expects the country's trade deficit to widen temporarily in 2026 before improving in 2027, reflecting both external economic pressures and the resilience of key domestic sectors. According to the HCP's latest economic outlook, the trade deficit......