2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Algeria Trade: In 2022, Italy exported $2.3B to Algeria. The main products that Italy exported to Algeria were Petroleum Coke ($183M), Jewellery ($154M), and Wheat ($104M). Over the past 5 years the exports of Italy to Algeria have decreased at an annualized rate of 8.15%, from $3.51B in 2017 to $2.3B in 2022.

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

Algeria-Italy Trade: In 2022, Algeria exported $16.9B to Italy. The main products that Algeria exported to Italy were Petroleum Gas ($15.1B), Crude Petroleum ($1.06B), and Refined Petroleum ($201M). Over the past 5 years the exports of Algeria to Italy have increased at an annualized rate of 23.2%,  from $5.96B in 2017 to $16.9B in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $2.3B to Algeria. The main products exported from Italy to Algeria were Petroleum Coke ($183M), Jewellery ($154M), and Wheat ($104M). During the last 5 years the exports of Italy to Algeria have decreased at an annualized rate of 8.15%, from $3.51B in 2017 to $2.3B in 2022.

In 2017, Algeria exported $16.9B to Italy. The main products exported from Algeria to Italy were Petroleum Gas ($15.1B), Crude Petroleum ($1.06B), and Refined Petroleum ($201M). During the last 5 years the exports of Algeria to Italy have increased at an annualized rate of 23.2%, from $5.96B in 2022 to $16.9B in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Italy than Algeria included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Algeria than Italy included Mauritania ($83.6M) and Niger ($42.6M).

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

Comparative Advantage Italy - Algeria

Flow
Scale

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

During 2022, Italy had a large net trade with Algeria in the exports of Machines ($685M), Metals ($257M), and Chemical Products ($222M).

During 2017, Algeria had a large net trade with Italy in the exports of Mineral Products ($16.4B), Chemical Products ($328M), and Metals ($120M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Algeria+$28.6MPackaged Medicaments
Top Product Potential Algeria Italy+$1.07BCrude 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 Italy and Algeria. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Italy.

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

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