Imports in Morocco
Morocco - ImportsIn Q2, the country saw steep growth, amid across-the-board improvements in private and public consumption and fixed capital investment, while exports grew more sharply than imports. Looking at GDP by industry, a bumper harvest after 2020’s drought supported agricultural output, while manufacturing output was also up notably. Nonetheless, the buoyant Q2 readings were driven largely by a base effect. Underlying activity likely remained burdened by Covid-19 restrictions which, although loosened in May, remained tough through the quarter. Turning to Q3, Covid-19 cases increased sharply in July and restrictions were tightened in August, though the accelerating vaccination program sounds a positive note going forward. On 8 September polls open for elections to parliament. The country’s election rules make a strong majority government unlikely, meaning a likely continuation of the status quo.
Morocco - Imports Data
|Imports (USD billion)||33.3||36.7||39.5||44.9||44.7|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.02||0.0 %||Dec 31|
|Exchange Rate||9.56||-0.29 %||Dec 31|
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