Algeria recorded a trade deficit of 1400 USD Million in the fourth quarter of 2019. source: Bank of Algeria

Balance of Trade in Algeria averaged 1733.04 USD Million from 1992 until 2019, reaching an all time high of 34060 USD Million in the second quarter of 2006 and a record low of -3170 USD Million in the first quarter of 2019. 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 January of 2022.

Balance of Trade in Algeria is expected to be -4000.00 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 -3200.00 USD Million in 2022 and -2400.00 USD Million in 2023, according to our econometric models.

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Algeria Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -1400.00 -2100.00 USD Million Dec/19
Current Account to GDP -10.80 -10.00 percent of GDP Dec/20
Current Account -5.70 -4.65 USD Billion Sep/20
Exports 8798.00 8271.00 USD Million Dec/19
Imports 10200.00 10374.00 USD Million Dec/19
Foreign Direct Investment 0.19 0.19 USD Billion Sep/20
External Debt 3838.00 3993.00 USD Million Dec/19
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.