Algeria

ECON COMPLEXITY (2018)

-0.87

RANK 107 OF 137

PRODUCT EXPORTS (2018)

$37.9B

RANK 60 OF 222

EXPORTS PER CAPITA (2018)

$897

RANK 12 OF 219

PRODUCT IMPORTS (2018)

$43.3B

RANK 55 OF 221

IMPORTS PER CAPITA (2018)

$1.03K

RANK 11 of 219

SERVICE EXPORTS (2016)

$2.95B

RANK 86 OF 152

SERVICE IMPORTS (2016)

$10.48B

RANK 52 OF 152

GDP (2018)

$174B

CURRENT US$
RANK 54 OF 196

GDP GROWTH (2008-2018)

1.61%

CURRENT US$
RANK 161 OF 196

GDP PC (2018)

$4,115

CURRENT US$
RANK 121 OF 196

GDP PC GROWTH (2008-2018)

-16.4%

Overview: In 2018 Algeria was the number 54 economy in the world in terms of GDP (current US$), the number 60 in total exports, the number 55 in total imports, and the number 107 most complex economy according to the Economic Complexity Index (ECI). In 2018, Algeria exported $37.9B and imported $43.3B, resulting in a negative trade balance of -$5.44B. In 2018, Algeria’s exports per capita were $897 and its imports per capita were $1.03k.

Trade: The top exports of Algeria are Crude Petroleum ($15.9B), Petroleum Gas ($12.8B), Refined Petroleum ($7.05B), Nitrogenous Fertilizers ($809M), and Ammonia ($456M). The top imports of Algeria are Refined Petroleum ($2.07B), Wheat ($1.85B), Cars ($1.43B), Concentrated Milk ($1.11B), and Packaged Medicaments ($1.09B).

Destinations: Algeria exports mostly to Italy ($6.22B), Spain ($5.21B), France ($4.56B), United States ($4.24B), and United Kingdom ($2.66B), and imports mostly from China ($7.37B), France ($6.04B), Spain($3.96B), Italy ($3.64B), and Germany ($2.23B).

Location: Algeria borders Libya, Mali, Mauritania, Morocco, Niger, and Tunisia by land and Italy and Spain by sea.

Exports

In 2018 Algeria exported a total of $37.9B, making it the number 60 exporter in the world. During the last five reported years the exports of Algeria have changed by -$32.2B from $70.1B in 2013 to $37.9B in 2018.

The most recent exports are led by Crude Petroleum ($15.9B), Petroleum Gas ($12.8B), Refined Petroleum ($7.05B), Nitrogenous Fertilizers ($809M), and Ammonia ($456M).

Imports

In 2018 Algeria imported $43.3B, making it the number 55 trade destination in the world. During the last five reported years the imports of Algeria changed by -$13.4B from $56.8B in 2013 to $43.3B in 2018.

The most recent imports of Algeria are led by Refined Petroleum ($2.07B), Wheat ($1.85B), Cars ($1.43B), Concentrated Milk ($1.11B), and Packaged Medicaments ($1.09B).

Trade Balance

As of 2018 Algeria had a negative trade balance of $9.5B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $2.89B in net imports.

Destinations

The most common destination for the exports of Algeria are Italy ($6.22B), Spain ($5.21B), France ($4.56B), United States ($4.24B), and United Kingdom ($2.66B).

Origins

The most common import partners for Algeria are China ($7.37B), France ($6.04B), Spain ($3.96B), Italy ($3.64B), and Germany ($2.23B).