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Trade Profile

In this page: Foreign Trade in Figures | Trade Compliance | Standards

 

Foreign Trade in Figures

Algeria has an open economy in which foreign trade represents 58% of GDP (World Bank, 2016).

While the trade balance has historically been positive, the surplus has weakened significantly since late 2012. The trade balance reached has been in a deficit since 2015 according to the Ministry of Finance. This reduction was due to a sharp fall in hydrocarbon exports, which represent nearly all of exports. Incomes have also decreased drastically with the fall of oil prices. This trend has severed in 2016 with the trade deficit surpassing 17 billion USD and a continued decline in exports.

Imports decreased at a slower pace than exports in 2016, although the Algerian Government has tried to reduce imports and minimize its vulnerability to the cost of importing industrial goods since 2015. For example, it began construction of a steel complex to reduce steel imports.

Algeria's main trade partners are the EU, NAFTA member states (the U.S., Mexico and Canada), and China. Algeria mostly imports equipment, food and consumption goods. The country exports nearly all of its oil, gas and by-products. Its main export customers are EU countries that mainly purchase oil. Furthermore, Algeria attempts to strengthen commercial ties with Sub-Saharan African countries.

 
Foreign Trade Indicators 20122013201420152016
Imports of Goods (million USD) 50,37855,02858,58051,50146,727
Exports of Goods (million USD) 71,86664,97462,88637,78728,883
Imports of Services (million USD) 10,47010,27611,24410,5223,069
Exports of Services (million USD) 3,5703,7013,4603,6223,561
Imports of Goods and Services (Annual % Change) 13.89.88.46.4-3.6
Exports of Goods and Services (Annual % Change) -3.8-5.70.20.63.5
Imports of Goods and Services (in % of GDP) 28.530.431.936.834.4
Exports of Goods and Services (in % of GDP) 36.933.230.523.623.7
Trade Balance (million USD) 19,9309,945352-17,841n/a
Foreign Trade (in % of GDP) 65.463.662.460.458.1

Source: World Trade Organisation (WTO) - 2017; World Bank - 2017

 

Main Partner Countries

Main Customers
(% of Exports)
2016
Italy 17.4%
Spain 12.9%
United States 12.9%
France 11.4%
Brazil 5.4%
Netherlands 4.9%
Turkey 4.5%
Canada 4.3%
United Kingdom 3.5%
Belgium 3.3%
Main Suppliers
(% of Imports)
2016
China 17.9%
France 10.1%
Italy 9.9%
Spain 7.6%
Germany 6.4%
United States 4.9%
Turkey 4.1%
Argentina 2.8%
Brazil 2.6%
South Korea 2.3%

Source: Comtrade, 2017

 

Main Products

30.0 bn USD of products exported in 2016
Petroleum gas and other gaseous hydrocarbons 39.3%
Petroleum oils and oils obtained from bituminous minerals, crude 37.8%
Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 16.9%
Mineral or chemical nitrogenous fertilizers (excl. those in pellet or similar forms, or in packages with a gross weight of <= 10 kg) 1.5%
Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents 1.3%
Ammonia, anhydrous or in aqueous solution 1.1%
Cane or beet sugar and chemically pure sucrose, in solid form 0.8%
Natural calcium phosphates and natural aluminium calcium phosphates, natural and phosphatic chalk 0.2%
Cyclic hydrocarbons 0.1%
Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried 0.1%
47.1 bn USD of products imported in 2016
Wheat and meslin 3.8%
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses incl. those in the form of transdermal administration or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006) 3.0%
Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 2.9%
Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 2.8%
Tubes, pipes and hollow profiles, seamless, of iron or steel (excl. products of cast iron) 2.6%
Bars and rods, of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but incl. those twisted after rolling (excl. in irregularly wound coils) 2.4%
Structures and parts of structures e.g., bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns, of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel (excl. prefabricated buildings of heading 9406) 1.9%
Cane or beet sugar and chemically pure sucrose, in solid form 1.8%
Milk and cream, concentrated or containing added sugar or other sweetening matter 1.7%
Maize or corn 1.6%

Source: Comtrade, 2017

 
 
 

Main Services

10.6 bn USD of services exported in 2014
Other business services
44.05%
Transportation
23.61%
Construction services
7.85%
Travel
7.30%
Financial services
7.24%
Computer and information services
5.39%
Government services
2.18%
Insurance services
1.89%
Cultural and recreational services
0.47%
Royalties and license fees
0.01%
35.1 bn USD of services imported in 2014
Transportation
35.01%
Other business services
30.68%
Construction services
18.44%
Travel
5.23%
Government services
4.79%
Insurance services
2.07%
Computer and information services
1.77%
Royalties and license fees
1.23%
Cultural and recreational services
0.51%
Financial services
0.26%

Source: United Nations Statistics Division, Latest Available Data

 

Exchange Rate System

Local Currency
Algerian Dinar (DZD)
Exchange Rate Regime
Controlled floating exchange rate system.
Level of Currency Instability
The variation in the exchange rate seems to be stable.
 
 
Monetary Indicators 20122013201420152016
Algerian Dinar (DZD) - Average Annual Exchange Rate For 1 USD 77.5479.3780.58100.69109.44

Source: World Bank - Latest available data.

 
 

Trade Compliance

International Conventions
Party to the Kyoto Protocol
Party to the Washington Convention on International Trade in Endangered Species of Wild Fauna and Flora
Party to the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal
Party to the Montreal Protocol on Substances That Deplete the Ozone Layer
Main International Economic Cooperation
Cooperation agreement with the European Union
Member of the African Union
Member of the Arab League
Member of the Arab Maghreb Union
Member of the Arab Free Trade Zone (AFTZ).
The country have signed a trade agreement with 21 other countries in the São Paulo Round of the Global System of Trade Preferences among Developing Countries (GSTP).
Party of the ATA Convention on Temporary Admissions and Use of the Carnets
Yes

As a Reminder, the ATA is a System Allowing the Free Movement of Goods Across Frontiers and Their Temporary Admission Into a Customs Territory With Relief From Duties and Taxes. The Goods Are Covered By a Single Document Known as the ATA Carnet That is Secured By an International Guarantee System.
Look Up the Other Member Countries And Read the Web Pages of the World Customs Organization Devoted to the ATA Carnet.
Party of the TIR Convention
Yes

As a Reminder, the TIR Convention and its Transit Regime Contribute to the Facilitation of International Transport, Especially International Road Transport, Not Only in Europe and the Middle East, But Also in Other Parts of the World, Such as Africa and Latin America.
The UNCTAD Website Allows You to Read the TIR Convention, See the List of Member Countries And to Find Further Information.
Accompanying Documents For Imports
Goods shipped to Algeria must be accompanied by the following documents:
- the single administrative document (SAD)
- the commercial invoice (in triplicate, in French or in Arabic)
- the photocopy of the Customs declaration
- the transport documents and the packing list

The Bank of Algeria imposes as well for any product imported by documentary credit the presentation of the following documents:
- Phytosanitary certificate for any agro food product
- Certificate of quality control for any other product
- Certificate of origin for all agro food products or not

In the case of imports from the EU, the EUR1 form is necessary to be able to benefit from the preferential tariff which is applicable.

Free Zones
None
For Further Information
The Algerian Customs website
The Algerian Ministry of Commerce
Non Tariff Barriers
Over the last few years, Algeria has intensified the liberalisation of its trade with foreign countries. However, the country levies high customs duties on some goods to protect national production. All import and export transactions of goods and services must be domiciled with a bank.
Sectors or Products For Which Commercial Disagreements Have Been Registered With the WTO
None, Algeria is not a member of the WTO.
Assessment of Commercial Policy
Algeria and WTO
Barriers to exchanges, inventoried by the EU

Learn more about How to Export to Algeria on Globaltrade.net, the Directory for International Trade Service Providers.

 

Standards

National Standards Organisations
Algerian Institute of Standardization (IANOR) (in French)
Integration in the International Standards Network
The IANOR is a member of the International Standards Organisation (ISO).
Obligation to Use Standards
Products intended for consumption and employment, concerning safety, health and the environment, are subject to compulsory certification, in accordance with the legislation in force (article 13 of the executive Decree n° 05-465 of 6 December 2005, on the assessment of conformity, on the page 8).
Classification of Standards
The national conformity mark is entitled TEDJ. The NF and CE marks are accepted in Algeria and are established as references.
Assessment of the System of Standardization
The Algerians are more and more receptive to the standardization of staple products, because of some disruption that exists in commerce and distribution.
Online Consultation of Standards
Algerian Institute of Standardization
Certification Organisations
Algerac
Algerian Ministry of Industry
Associations of Standards Users
GS1 Algeria

 

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Last Updates: October 2017