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2023
Flag → Flag
Exports $3.03BRnk 42 / 219
2023
Flag → Flag
Top Product $225MPetroleum Coke
2023
Flag → Flag
Exports $15.2BRnk 1 / 124
2023
Flag → Flag
Top Product $14BPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195

About

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.

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.

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

Latest Trends

October, 2024

About

Overview In October 2024, Italy exported €250M and imported €988M from Algeria, resulting in a negative trade balance of €738M. Between October 2023 and October 2024 the exports of Italy have increased by €27.5M (12.3%) from €223M to €250M, while imports decreased by €-80.4M (-7.52%) from €1.07B to €988M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€27.5M(12.3%)
IMPORT GROWTH (October 2023 - October 2024)€-80.4M(-7.52%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Algeria and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Algeria and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $3.03B in 2023.

In 2018, 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 2023 to $15.2B in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Algeria
Top DestinationItaly$15.2B

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

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

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

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 2023, Italy had a large net trade with Algeria in the exports of Machines ($904M), Metals ($396M), and Transportation ($385M).

During 2018, Algeria had a large net trade with Italy in the exports of Mineral Products ($15B), Chemical Products ($99M), and Metals ($64.4M).

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) (2023)

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