Algeria
Africa
Trade in Algeria
| Algeria was the world’s 52nd largest exporter of goods and 93rd largest exporter of commercial services in 2022. Export values were $65.72 billion and $3.58 billion USD respectively. Algeria’s top export category was Fuels and mining products, followed by Manufactures, and Chemicals. In 2022, Algeria’s main export destination markets for goods and services trade were to Italy, France and Spain, with trade representing 59.04 per cent of GDP. In terms of imports, Algeria is the world’s 66th largest importer of goods and 72nd largest importer of commercial services. Import values were $38.87 billion and $8.29 billion USD respectively in 2022. Algeria’s top import category was Manufactures, followed by Agricultural products and Machinery and transport equipment. Leading import partners were China, France and Italy. Algeria is part of 2 different Regional Trade Agreements, including EU – Algeria and Global System of Trade Preferences among Developing Countries (GSTP). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
People's Democratic Republic of Algeria |
Abbreviation |
DZ |
Capital |
Algiers |
WTO Membership Date |
Observer |
Legal System |
mixed legal system of French civil law and Islamic law; judicial review of legislative acts in ad hoc Constitutional Council composed of various public officials including several Supreme Court justices |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Algerian dinar |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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Trade Information Portal |
https://www.dcw-chlef.dz/en/index.php/37-portcnrc |
Additional Link |
Trade Information Portal |
Last Reviewed: June, 2024
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