2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Algeria-Italy Trade: In 2023, Algeria exported $15.2B to Italy. The main products that Algeria exported to Italy were Petroleum Gas ($14B), Crude Petroleum ($857M), and Refined Petroleum ($131M). Over the past 5 years the exports of Algeria to Italy have increased at an annualized rate of 17.6%, from $6.76B in 2018 to $15.2B in 2023.

In 2023, Algeria did not export any services to Italy.

Italy-Algeria Trade: In 2023, Italy exported $3.03B to Algeria. The main products that Italy exported to Algeria were Petroleum Coke ($225M), Cars ($148M), and Delivery Trucks ($147M). Over the past 5 years the exports of Italy to Algeria have decreased at an annualized rate of 3.62%,  from $3.64B in 2018 to $3.03B in 2023.

In 2023, Italy did not export any services to Algeria.

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Algeria exported $15.2B to Italy. The main products exported from Algeria to Italy were Petroleum Gas ($14B), Crude Petroleum ($857M), and Refined Petroleum ($131M). During the last 5 years the exports of Algeria to Italy have increased at an annualized rate of 17.6%, from $6.76B in 2018 to $15.2B in 2023.

In 2018, Italy exported $3.03B to Algeria. The main products exported from Italy to Algeria were Petroleum Coke ($225M), Cars ($148M), and Delivery Trucks ($147M). During the last 5 years the exports of Italy to Algeria have decreased at an annualized rate of 3.62%, from $3.64B in 2023 to $3.03B in 2018.

Exports from Algeria (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Algeria (Flag) (2023)

Latest Data

Trade between Algeria (Flag) and Italy (Flag)

Algeria Exports

Italy Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Italy
Top Destination
Germany$71.4B

This map shows whether countries import more from Algeria or Italy. Each country is colored based on the difference in imports they receive from Algeria and Italy or the difference in the growth in imports.

In 2023, countries that imported more from Algeria than Italy included Mauritania ($96.7M) and Niger ($35.4M).

In 2023, countries that imported more from Italy than Algeria included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Algeria (Flag) (2023)

Comparative Advantage Algeria - Italy

Flow
Scale

This chart compares trade between Algeria and Italy by product, considering products traded by both, Algeria and Italy.

During 2023, Algeria had a large net trade with Italy in the exports of Mineral Products ($15B), Chemical Products ($99M), and Metals ($64.4M).

During 2018, Italy had a large net trade with Algeria in the exports of Machines ($904M), Metals ($396M), and Transportation ($385M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Italy+$1.07BCrude Petroleum
Top Product Potential Italy Algeria+$28.6MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Algeria and Italy. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Algeria.

Product Space of Algeria (Flag) and Italy (Flag) (2023)

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