TRADE BALANCE
During the year 2020, exports recorded a decrease of 11.7% against an increase of 7.0% in 2019.in terms of value they reached 38705.9 MD against 43855.4 MD in 2019.
As for imports, they recorded a drop of 18.7% against an increase of 5.5% in 2019, in terms of value they reached 51463.7 MD against 63291.6 MD in 2019.
Thus, the trade deficit is reduced by 34.4% or 6678.4 MD. The coverage rate stands at 75.2% (against 69.3% in 2019) recording an improvement of 5.9 points.
Foreign Trade according to the Regime:
The Off shore regime::
Decrease in exports of around 14.3% against an increase of 9.4% in 2019
Imports fell by around 18.5% compared to an increase of 5.9% in 2019
The general regime:
Decrease in exports of around 4.2% against an increase of 0.4% in 2019
Decrease in imports of around 18.8% against an increase of 5.3% in 2019
Trade Balance Analysis:
During the year 2020, the trade balance is in deficit by approximately 12757.8 MD (compared to -19436.2 MD in 2019).
According to the foreign trade regime, we note:
The general regime: trade deficit of about 23760.9 MD
The Off shore regime: trade surplus of about 11003.1 MD