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2022
Economic Complexity
Trade -0.64Rank 95 of 133
2021
Economic Complexity
Technology -0.85Rank 69 of 96
2022
Economic Complexity
Research -1.11Rank 124 of 135
2022
Product
Exports | Imports $58.6B | $34.2B55 of 226 |  68 of 226
2022
Per Capita Product
Exports | Imports $1.3k | $762113 of 220 |  169 of 220

About

Overview In 2022, Algeria was the number 55 economy in the world in terms of GDP (current US$), the number 55 in total exports, the number 68 in total imports, the number 118 economy in terms of GDP per capita (current US$) and the number 95 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Algeria are Petroleum Gas ($27.4B), Crude Petroleum ($16B), Refined Petroleum ($8.62B), Nitrogenous Fertilizers ($2.1B), and Ammonia ($1.27B), exporting mostly to Italy ($16.9B), Spain ($7.11B), France ($6.99B), United States ($3.15B), and South Korea ($2.96B).

Imports The top imports of Algeria are Wheat ($2.66B), Concentrated Milk ($1.62B), Corn ($988M), Iron Ore ($934M), and Soybeans ($923M), importing mostly from China ($6.27B), France ($4.69B), Italy ($2.3B), Turkey ($2.06B), and Brazil ($1.92B).

Location Algeria borders Libya, Mali, Mauritania, Morocco, Niger, and Tunisia by land and Italy and Spain by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Algeria.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Petroleum Gas$27.4B
Top Destination (2022)Italy$16.9B

In 2022, Algeria exported a total of $58.6B, making it the number 55 exporter in the world. During the last five reported years the exports of Algeria have changed by $20.3B from $38.3B in 2017 to $58.6B in 2022.

The most recent exports are led by Petroleum Gas ($27.4B), Crude Petroleum ($16B), Refined Petroleum ($8.62B), Nitrogenous Fertilizers ($2.1B), and Ammonia ($1.27B). The most common destination for the exports of Algeria are Italy ($16.9B), Spain ($7.11B), France ($6.99B), United States ($3.15B), and South Korea ($2.96B).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2021 - 2022)
Italy$10.4B (+ 158%)
Spain$2.02B (+ 39.7%)
France$1.89B (+ 37%)
Fastest Growing Import Markets (2021 - 2022)
Bulgaria$450M (+ 460%)
United States$430M (+ 56.9%)
Argentina$407M (+ 35.1%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

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).

Service Exports (2016)

Service Imports (2016)

Economic Complexity

Overview

Economic Complexity (Trade)-0.64Rank 95 of 133
Economic Complexity (Technology)-0.85Rank 69 of 96
Economic Complexity (Research)-1.11Rank 124 of 135

Most Specialized Products by RCA Index

Algeria has a high level of specialization in Ammonia (30.2), Calcium Phosphates (15.4), Nitrogenous Fertilizers (14.2), Petroleum Gas (13.4), and Cement (10.5). Specialization is measured using RCA, an index that takes the ratio between Algeria observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Algeria according to the product complexity index (PCI) are Alloy steel in ingots or other primary forms, semi-finished products of other... (0.31), Hydrogen, rare gases and other non-metals (-0.058), Granulated slag (slag sand) from the manufacture of iron or steel (-0.064), Fish; live (-0.47), and Cork; articles of natural cork (-0.48). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Algeria according to the relatedness index, were Gold (0.039), Sulphur (0.038), Aluminium Ore (0.037), Manganese Ore (0.036), and Tin Ores (0.035). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Algeria is not specialized in.

Product Space

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.

Relatedness Space

This network shows the products most related to the production structure of Algeria. These are products that tend to be co-exported with the products that Algeria exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

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.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Algeria's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨87th to the 95th⁩ 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.

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ECI (Trade) Ranking by Country

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