High Record for Algeria's Non-Oil Exports, 36 percent

  • Algiers, People's Democratic Republic of Algeria
  • 16 January 2023
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Algeria's non-oil exports increased by the end of 2022, reaching $4 billion, an increase of 36 percent, compared to the previous year 2021.

Exports were distributed to 147 countries, and they witnessed a record rise in the first 11 months of 2022, by 36 percent, as Algeria's trade balance witnessed a historic precedent by achieving record numbers last year.

Algeria achieved revenues of $6.6 billion in commercial exports last year, while it amounted to $4.5 billion in the first 11 months of 2021. Most of Algeria's non-hydrocarbon products went to European countries, especially France, Italy, and Germany. It also included the United States of America, Côte d'Ivoire, Niger, Ghana, Senegal, Tunisia, Jordan, Syria, and Iraq.

Non-fuel products exported abroad include fertilizers with a value of $1.7 billion (an increase of 28 percent), cement with a value of $400 million (an increase of 93 percent), iron and steel with a value of $500 million (an increase of 30%), and cleaning materials with a value of one million dollars. It is expected that the value of exports this year will reach between 6.5 to 7 billion dollars.

Source (Al-Sharq Al-Awsat Newspaper, Edited)

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