Trade Trend

In 2023, Algeria's total export value is 54.88Billion USD, total import value is 38.59Billion USD, Surplus is 16.29Billion USD, and foreign trade dependency is 0.390. In 2023，Algeria's top export products are Petroleum gases and other gaseous hydrocarbons(26.21Billion USD), Petroleum oils and oils obtained from bituminous minerals; crude(15.74Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(8.14Billion USD), top export destinations are Italy(15.23Billion USD), France(7.64Billion USD), Spain(6.93Billion USD). In 2023, Algeria's top import products are Wheat and meslin(1.81Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(1.53Billion USD), Milk and cream; concentrated or containing added sugar or other sweetening matter(1.33Billion USD), top import origins are China(9.46Billion USD), France(4.84Billion USD), Italy(3.03Billion USD).

Comparing to 2022, Algeria's total export value decreased -9.06Billion USD(-14.17%) in 2023, this could result from its export decreases of products such as Petroleum oils and oils obtained from bituminous minerals; crude(-2.95Billion USD or -15.78%), Petroleum gases and other gaseous hydrocarbons(-2.73Billion USD or -9.43%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-1.24Billion USD or -13.18%) and export decreases to countries/economics such as Italy(-3.72Billion USD or -19.64%), India(-1.15Billion USD or -63.02%), Spain(-1.11Billion USD or -13.81%). Comparing to 2022, Algeria's total import value increased 4.79Billion USD(14.17%) in 2023, this could result from its import increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(763.95Million USD or 99.73%), Vehicles; for the transport of goods(670.88Million USD or 471.92%), Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of microorganisms (excluding yeasts) etc(180.68Million USD or 53.01%), and its import increases from countries/economies such as China(3.25Billion USD or 52.40%), Italy(738.23Million USD or 32.20%), Turkey(655.67Million USD or 31.66%).

Cumulated to first 7 months of 2024, Algeria's total export value is 16.54Billion USD, total import value is 15.22Billion USD, and tradesurplus is 1.33Billion USD. Cumulated to first 7 months of 2024, Algeria's top export products are Petroleum gases and other gaseous hydrocarbons(6.40Billion USD), Petroleum oils and oils obtained from bituminous minerals; crude(5.28Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(3.38Billion USD), and top export destinations are Italy(3.86Billion USD), France(2.16Billion USD), Spain(2.14Billion USD). Cumulated to first 7 months of 2024, Algeria's top import products are Petroleum gases and other gaseous hydrocarbons(6.40Billion USD), Petroleum oils and oils obtained from bituminous minerals; crude(5.28Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(3.38Billion USD), and top import origins areChina(4.57Billion USD), France(1.79Billion USD), Brazil(1.13Billion USD).