Morocco’s energy bill amounted to 8.53 billion dirhams (MMDH) at the end of January 2025, down 11.6% compared to the same period a year earlier, according to the Office of Foreign Exchange.
This change in energy product imports is mainly due to a 26.1% decrease in supplies of “gas oils and fuel oils” resulting from a price drop of 8.3%, combined with a 19.4% decline in imported quantities, explains the Office in its recent monthly indicators bulletin on external trade.
The reduction in the energy bill is also attributed to the decline in imports of “gas oils and fuel oils” and “petroleum gas and other hydrocarbons,” down 26.1% to 3.67 MMDH and 15.7% to 1.63 MMDH, respectively, notes the same source.
According to the aforementioned bulletin, total goods imports increased by 3.4% over the year to reach 59.84 MMDH.
