Abhatoo - Centre Nationale de Documentation

This paper seeks to analyze the structure and the evolution of Moroccan trade in goods and services as well as the impact of the Covid-19 crisis on trade balance. It sets up the coverage rate and explains the factors underlying its dynamics especially economic activity and price competitiveness.
A cointegration approach is used to assess to what extent the variations in this balance can be explained by macroeconomic developments in Morocco as well as among its main foreign partners and by trade prices. The results obtained show that Moroccan trade balance of goods and services deficit is also due, despite cyclical dynamics, to structural origins.