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    Morocco'S Foreign Trade Spending Dropped Sharply In 1-4.

    2015/5/25 16:05:00 45

    MoroccoForeign TradeForeign Trade

    By the end of April,

    Morocco

    Foreign trade expenditure was reduced by 19 billion 100 million dism (about $234 million 300 thousand).

    Because of the drop in international oil prices, the import volume of energy only decreased by 40%, to 4 billion 200 million Di lamb (about 515 million US dollars).

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    There is no big improvement in the world economy. China is also in the pition stage of comparative advantage. Therefore, we should not expect too much improvement in the import and export trade in the short term.

    Despite the division of the world economy, all countries are striving to improve their economic development environment.

    China is also deepening reform in an all-round way to promote steady growth and pformation and upgrading of foreign trade.

    New trade formats such as cross-border e-commerce, market purchasing trade and financial leasing will continue to flourish this year. The free trade pilot area and the "one belt and one way" strategy will be accelerated. These are all favorable factors to promote the development of China's foreign trade this year.

    In China's foreign trade import and export monthly data, in general, April is a month of considerable significance.

    After the suspension of the Spring Festival holiday, factories began to start and trade activities revived, reflecting the import and export data. Generally speaking, the data in April will rise significantly compared with the previous months.

    Compared with the same period in previous years, April is the key month to observe the trend of foreign trade in the whole year.

    Compared with April's "triumphant advance" in April, the foreign trade data in April this year are somewhat unexpected: "the Spring Festival effect" does not seem so striking.

    The import and export data released in April by the General Administration of Customs in May 8th showed that in April, imports and exports showed a "double drop" trend.

    Among them, exports of 1 trillion and 80 billion yuan, down 6.2% compared to the same period, the decline narrowed by 8.4 percentage points compared with March, imports 873 billion 900 million yuan, down 16.1% compared with the same period last year.

    It is noteworthy that the export sector, despite a 8.4 percentage point drop in exports in April compared with March, fell by 6.2% compared with the same period last year, the first decline since April 2009.

    The 16.1% decline in imports is also the worst performance in recent years.

    Even the Canton Fair, which has always been regarded as a barometer of foreign trade, has also delivered a poor pcript.

    It is understood that this year's Canton Fair export turnover of 172 billion 96 million yuan, down 9.64%.

    Outside analysis, the export data in April continued the decline in March, which is obviously different from the previous years. This shows that the Spring Festival factor is not the main reason.

    At the same time, this also indicates that the target of foreign trade this year will be very serious.

    The previous report of the Ministry of Commerce has made it clear that in the coming period, China's foreign trade development is facing many challenges, such as the sluggish external demand, and the international market share is at a relatively high level. China's foreign trade may remain at medium to low speed growth.


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