Morocco recorded a trade deficit of 18296 MAD Million in December of 2019. Morocco Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Balance of Trade in Morocco averaged -10653.32 MAD Million from 1998 until 2019, reaching an all time high of -1254.60 MAD Million in January of 1999 and a record low of -23012 MAD Million in May of 2012. This page provides the latest reported value for - Morocco Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Office des Changes
Balance of Trade in Morocco is expected to be -18950.00 MAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Morocco to stand at -18700.00 in 12 months time. In the long-term, the Morocco Balance of Trade is projected to trend around -20200.00 MAD Million in 2021, according to our econometric models.