Algeria recorded a trade surplus of 90 USD Million in the third quarter of 2021. source: Bank of Algeria

Balance of Trade in Algeria averaged 1568.90 USD Million from 1992 until 2021, reaching an all time high of 34060 USD Million in the second quarter of 2006 and a record low of -3743 USD Million in the second quarter of 2020. This page provides - Algeria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Balance of Trade - values, historical data and charts - was last updated on December of 2022.

Balance of Trade in Algeria is expected to be -1500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Balance of Trade is projected to trend around -1600.00 USD Million in 2023 and -1200.00 USD Million in 2024, according to our econometric models.

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Algeria Balance of Trade

Related Last Previous Unit Reference
Balance of Trade 90.00 50.00 USD Million Sep 2021
Current Account to GDP -2.80 -12.90 percent of GDP Dec 2021
Current Account -1.56 -0.96 USD Billion Sep 2021
Exports 9127.00 9550.00 USD Million Sep 2021
Imports 9039.00 9502.00 USD Million Sep 2021
Foreign Direct Investment 0.09 0.19 USD Billion Sep 2021
External Debt 3176.00 3190.00 USD Million Sep 2021

Algeria Balance of Trade
The Algerian economy is highly dependent on petroleum and natural gas exports. Hydrocarbons account for over 95% of export earnings. Algeria main exports partners are United States, Italy, Spain, France and Canada. Algeria imports mainly capital goods, foodstuffs and consumer goods. Its main import partners are: France, China, Italy, Spain and Germany.
Actual Previous Highest Lowest Dates Unit Frequency
90.00 50.00 34060.00 -3743.00 1992 - 2021 USD Million Quarterly