Morocco’s trade deficit shrank nearly 15% in Q1 2024 to MAD 10.7 bln (USD 1 bln). The country’s exports are projected to grow annually by 4.4% by the end of 2024 and nearly 9% in 2025. Remittances are forecasted to grow by 5.3% YoY, while FDIs are expected to stabilize at about 3.1% of GDP in 2024 and 2025.