2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

India-Algeria Trade: In 2022, India exported $627M to Algeria. The main products that India exported to Algeria were Rice ($64.5M), Packaged Medicaments ($31.6M), and Nitrogen Heterocyclic Compounds ($27.2M). Over the past 5 years the exports of India to Algeria have decreased at an annualized rate of 6.91%, from $897M in 2017 to $627M in 2022.

In 2022, India did not export any services to Algeria.

Algeria-India Trade: In 2022, Algeria exported $1.84B to India. The main products that Algeria exported to India were Crude Petroleum ($1.13B), Petroleum Gas ($298M), and Nitrogenous Fertilizers ($245M). Over the past 5 years the exports of Algeria to India have increased at an annualized rate of 14.8%,  from $922M in 2017 to $1.84B in 2022.

In 2022, Algeria did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $627M to Algeria. The main products exported from India to Algeria were Rice ($64.5M), Packaged Medicaments ($31.6M), and Nitrogen Heterocyclic Compounds ($27.2M). During the last 5 years the exports of India to Algeria have decreased at an annualized rate of 6.91%, from $897M in 2017 to $627M in 2022.

In 2017, Algeria exported $1.84B to India. The main products exported from Algeria to India were Crude Petroleum ($1.13B), Petroleum Gas ($298M), and Nitrogenous Fertilizers ($245M). During the last 5 years the exports of Algeria to India have increased at an annualized rate of 14.8%, from $922M in 2022 to $1.84B in 2017.

Exports from India (Flag) to Algeria (Flag) (2022)

Exports from Algeria (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from India than Algeria included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Algeria than India included Italy ($16.9B), Spain ($7.11B), and Tunisia ($1.54B).

Difference in imports from Algeria (Flag) and India (Flag) (2022)

Comparative Advantage India - Algeria

Flow
Scale

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

During 2022, India had a large net trade with Algeria in the exports of Chemical Products ($171M), Vegetable Products ($100M), and Machines ($87.3M).

During 2017, Algeria had a large net trade with India in the exports of Mineral Products ($1.54B), Chemical Products ($266M), and Paper Goods ($17.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Algeria+$39.2MPackaged Medicaments
Top Product Potential Algeria India+$1.08BCrude Petroleum

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 India and Algeria. This means that a dot/product with the flag of India indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over India.

Product Space of India (Flag) and Algeria (Flag) (2022)

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