By Ainhoa Goyeneche

Following is a summary of Morocco’s August year to date trade report, from the Office des Changes, in Rabat:

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                          Jan. to Aug.   Jan. to Aug.  Annual Change    YoY%
                                  2011           2010        MAD/Mln  Change
==============================================================================
 Trade Balance             -122,193.1      -99,679.0       22,514.1    22.6%
 Imports                    234,994.8      194,638.0       40,356.8    20.7%
   Energy & Petrol           60,422.2       42,969.6       17,452.6    40.6%
 Exports                    112,801.7       94,959.0       17,842.7    18.8%
   Phospates & Derivatives   22,402.0       17,057.9        5,344.1    31.3%
==============================================================================
NOTE: *= Goods and services
      Figures are year to date cumulative data
      Data is preliminary and may be subsequently revised.
      Data in MDH Million Dirhams.

SOURCE: Office des Changes

Editor: Mark Evans