In fiscal year 2018, Morocco’s trade deficit widened, even though its coverage rate improved.
Exports increased by about 10%, being the main export sectors and concentrating 80% of them. For the fifth year in a row, the automotive sector is the largest exporter. Phosphates and its derivatives make Morocco the country with the largest world reserve.
Morocco ranks 60th in the “Doing Business” ranking of 2019, ranking the 190 countries that compose it according to the ease of doing business. The kingdom gained 9 positions compared to the previous year.