Algeria2019 Economic Complexity : -1, Rank 121 of 146
2019 Product Exports | Imports: $33.2B | $39.5B, 61 of 225 | 59 of 225
2019 Per Capita Product Exports | Imports: $771 | $918, N/A of N/A | N/A of N/A
2016 Service Exports | Imports : $2.95B | $10.4B, 86 of 156 | 53 of 156
Overview In 2019 Algeria was the number 54 economy in the world in terms of GDP (current US$), the number 61 in total exports, the number 59 in total imports, the number N/A economy in terms of GDP per capita (current US$) and the number 121 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Algeria are Crude Petroleum ($13.9B), Petroleum Gas ($10.9B), Refined Petroleum ($6.28B), Nitrogenous Fertilizers ($748M), and Ammonia ($317M), exporting mostly to Italy ($4.4B), France ($4.25B), Spain ($3.96B), United States ($2.31B), and United Kingdom ($2.25B).
Imports The top imports of Algeria are Refined Petroleum ($1.86B), Wheat ($1.47B), Packaged Medicaments ($1.05B), Concentrated Milk ($982M), and Vehicle Parts ($866M), importing mostly from China ($6.94B), France ($5.42B), Italy ($3.25B), Spain ($3.22B), and Germany ($2.07B).
Location Algeria borders Libya, Mali, Mauritania, Morocco, Niger, and Tunisia by land and Italy and Spain by sea.
Top Export (2019): Crude Petroleum, $13.9B
Top Destination (2019): Italy, $4.4B
In 2019, Algeria exported a total of $33.2B, making it the number 61 exporter in the world. During the last five reported years the exports of Algeria have changed by -$30.4B from $63.6B in 2014 to $33.2B in 2019.
The most recent exports are led by Crude Petroleum ($13.9B), Petroleum Gas ($10.9B), Refined Petroleum ($6.28B), Nitrogenous Fertilizers ($748M), and Ammonia ($317M). The most common destination for the exports of Algeria are Italy ($4.4B), France ($4.25B), Spain ($3.96B), United States ($2.31B), and United Kingdom ($2.25B).
Top Import (2019): Refined Petroleum, $1.86B
Top Origin (2019): China, $6.94B
In 2019 Algeria imported $39.5B, making it the number 59 trade destination in the world. During the last five reported years the imports of Algeria changed by -$20.3B from $59.8B in 2014 to $39.5B in 2019.
The most recent imports of Algeria are led by Refined Petroleum ($1.86B), Wheat ($1.47B), Packaged Medicaments ($1.05B), Concentrated Milk ($982M), and Vehicle Parts ($866M). The most common import partners for Algeria are China ($6.94B), France ($5.42B), Italy ($3.25B), Spain ($3.22B), and Germany ($2.07B).
Algeria Exports Services (2016): $2.95B
Algeria Imports Services (2016): $10.4B
In 2016, Algeria exported $2.95B worth of services. The top services exported by Algeria in 2016 were Other business services ($1.49B), Transportation ($672M), Government services, n.i.e. ($290M), Personal travel ($209M), and Construction services ($202M).
The top services imported by Algeria in 2016 were Transportation ($3.61B), Other business services ($3.23B), Construction services ($2.28B), Government services, n.i.e. ($485M), and Personal travel ($443M).
The top product import tariffs by their MFN Ad Valorem value for Algeria are Beer made from malt (60%) and Beverage waters, sweetened or flavoured (60%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Algeria are:
Algeria has a high level of specialization in Ammonia (25.2), Petroleum Gas (19.8), Nitrogenous Fertilizers (17.2), Calcium Phosphates (12), and Hydrogen (9.8). Specialization is measured using RCA, an index that takes the ratio between Algeria observed and expected exports in each product.
The highest complexity exports of Algeria according to the product complexity index (PCI) are Household, laundry-type washing machine, washer-drier (0.32), Hydrogen, rare gases, non-metallic elements (0.31), Military weapons, other than hand guns, swords, etc (0.1), Float glass, surface ground, polished glass in sheets (0.059), and Zinc oxide and peroxide (-0.055). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Algeria according to the relatedness index, are Gold (0.043), Sulphur (0.041), Bran (0.037), Other Oily Seeds (0.036), and Raw Lead (0.036). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Algeria is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Algeria's economy has become relatively less complex, moving from the 85th to the 121st position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.