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2023
ExportsfalseWorld Rnk 21 / 150
Flag Rnk 2 / 821
2022 - 2023
FASTEST GROWING MARKET $834MBrazil
2023
PRODUCT COMPLEXITY IN Crude Petroleum-2.37Rnk 1015 / 1025
2023
Origin $115k United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $115kUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Algeria-0.75Rnk 99 / 132

About

Exports In 2023, Algeria exported $14.1B in Crude Petroleum, making it the 21st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most exported product in Algeria. The main destination of Crude Petroleum exports from Algeria are: France ($3.05B), Spain ($1.59B), United Kingdom ($1.54B), Brazil ($1.43B), and Netherlands ($1.33B).

The fastest growing export markets for Crude Petroleum of Algeria between 2022 and 2023 were Brazil ($834M), United Kingdom ($229M), and South Africa ($192M).

The fastest growing import markets in Crude Petroleum for Algeria between 2022 and 2023 were United Arab Emirates ($115k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.1B

In 2023, Algeria exported $14.1B in Crude Petroleum. The main destinations of Algeria exports on Crude Petroleum were France ($3.05B), Spain ($1.59B), United Kingdom ($1.54B), Brazil ($1.43B), and Netherlands ($1.33B).

In N/A, Algeria imported N/A in Crude Petroleum, mainly from United Arab Emirates ($115k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Algeria WERE (2022 - 2023):
Brazil$834M (139%)
United Kingdom$229M (17.5%)
South Africa$192M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Algeria WERE (2022 - 2023):
Spain-$1.09B (-40.6%)
India-$936M (-82.6%)
South Korea-$828M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Algeria's main exporting competitors in Crude Petroleum were:
Saudi Arabia $181B
United States $125B
Russia $122B
In 2023, Algeria's main importing competitors in Crude Petroleum were:
China $319B
United States $170B
India $140B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $1.08B
TOP IMPORT POTENTIALKazakhstan+ $1.7k

Crude Petroleum’s highest export potential is India. With an export gap of $1.08B.   Crude Petroleum’s highest import potential is Kazakhstan with an import gap of $1.7k.

See methodology.

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