Importing from Algeria

Algeria Import Guide | Trade Finance Global

Importing from Algeria

Algeria owes its distinction as the 49th largest export economy in the world to its oil and gas export earnings that contribute more that 95% of the total exports. The breakdown of the country’s top exports are as follows: crude petroleum ($30 billion), petroleum gas ($28 billion), refined petroleum ($9 billion), coal tar oil ($1 billion) and ammonia ($320 million.

These export commodities are shipped to Algeria’s export trading partners such as Spain ($11 billion), Italy ($7.9 billion), the United Kingdom ($6.7 billion), France ($5.8 billion) and the United States ($ 6 billion).

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 Exports Profile

Exports ($m USD)

35,191

Number of Export Products

1,115

Number of Export Partners

127

Top 5 export partners

Country

Trade

% Partner Share

Italy

5,629

16.00

France

4,431

12.59

Spain

4,103

11.66

United States

3,468

9.85

Brazil

2,128

06.05

Top 5 Export Products at HS 6 digit level

Export Product

Number

Petroleum oils and oils obtained from bituminou

40.0%

Natural gas in gaseous state

36.1%

Petroleum oils, etc, (excl. crude); preparation

18.3%

Natural gas, liquefied

1.6%

Propane, liquefied

-

Chart Showing GDP Growth Compared to rest of world

Information

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Algeria Economic Statistics

Government Website

https://www.mae.gov.dz/

Sovereign Ratings

Central Bank

Banque d'Algérie

Currency USD Exchange Rate

110

Unemployment Rate

9.9%

Population below poverty line

23%

Inflation Rate

5.9%

Prime Lending Rate

4%

GDP

$168.3 billion

GDP Pro Capita (PPP)

$15,000

Currency Name

Algerian Dinar

Currency Code

DZD

World Bank Classification

Upper Middle Income

Competitive Industrial Performance

87/138

Corruption Perceptions Index

112/180

Ease of Doing Business

157/190

Enabling Trade Index

121/136

Currency in Algeria

About the Author

Brian Canup is the Editorial & Research Assistant at Trade Finance Global (TFG).

Brian holds a BA in Political Science from the University of Wisconsin-Madison and an MA in International Political Economy from King’s College London.

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