Exporting to Algeria

Algeria Export Guide | Trade Finance Global

Exporting to Algeria

The surplus in the current account is estimated at 8.2% of GDP while the official foreign-exchange reserves have been estimated at US $ 191 billion at the end of the year which could be considered as the value of imports of non-factor goods and services for more than three years.

It has been reported that the imports of Algeria is growing at an annualized rate of 6%. The country’s most recent major import commodities are the cars ($4 billion), refined petroleum ($3.6 billion), delivery trucks ($2.2 billion), wheat ($2 billion) and raw iron bars ($1.9 billion). Cars here represent at least 7% of the total imports of Algeria, then followed by the refined petroleum which accounts for 6.5%. It is evident that Algeria relies heavily on imported gas and petroleum products however, it is also considered as one of the major suppliers of cork and cattle.

Algeria Country Profile

Official Name (Local Language) Al Jumhuriyah al Jaza'iriyah ad Dimuqratiyah ash Sha'biyah
Capital Algiers
Population 40,263,711
Currency Algerian Dinar
GDP $168.3 billion
Languages Arabic
Telephone Dial In 213

Algeria Imports Profile

Imports ($m USD)

46,053

Number of Import Products

4,021

Number of Import Partners

170

Top 5 import partners

Country

Trade

% Partner Share

China

8,318

18.06

France

4,298

9.33

Italy

3,755

8.15

Germany

3,223

7.00

Spain

3,131

6.80

Top 5 Import Products at HS 6 digit level

Export Product

Number

Information

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Algeria Economic Statistics

Government Website

http://www.mae.gov.dz/

Sovereign Ratings

Central Bank

Banque d'Algérie

Currency USD Exchange Rate

110

Unemployment Rate

9.9%

Population below poverty line

0,23

Inflation Rate

5.9%

Prime Lending Rate

0,04

GDP

$168.3 billion

GDP Pro Capita (PPP)

$15,000

Currency Name

Algerian Dinar

Currency Code

DZD

World Bank Classification

Upper Middle Income

Currency in Algeria

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