In terms of value, exports reached MAD 66.4 billion against 57.2 in the same period last year, while imports stood at MAD 145.3 billion compared to MAD 129 billion last year.

This development has allowed for an improvement in Morocco's cover rate which stood at 45.7% against 44.2% at the end of June 2009.

According to the Moroccan daily L'Economiste, quoting a report by the Exchange Office to be published later this month, transfers by Moroccans living abroad increased by 11% and travel receipts by 10%.

The only negative point, said the same source, is the fall of foreign investments and loans, which decreased 23.3%, as they stood at MAD 10.2 billion in the year to June relative to MAD 13.3 billion in the same period last year.

But despite this improvement, Morocco's trade deficit reached at the end of May 2010 MAD 64.6 billion, an expansion of 9.2% compared to the same period last year. for its part, the cover rate stood at 45.1% against 44.4%.