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2023
Flag → Flag
Exports $1.93BRnk 6 / 124
2023
Flag → Flag
Top Product $1.54BCrude Petroleum
2023
Flag → Flag
Exports $262MRnk 82 / 223
2023
Flag → Flag
Top Product $39.2MUnpackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $5,364CURRENT US$
Rnk 121 / 195
2013-2023
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GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Algeria-United Kingdom Trade: In 2023, Algeria exported $1.93B to United Kingdom. The main products that Algeria exported to United Kingdom were Crude Petroleum ($1.54B), Petroleum Gas ($208M), and Raw Iron Bars ($46.6M). Over the past 5 years the exports of Algeria to United Kingdom have decreased at an annualized rate of 7.78%, from $2.9B in 2018 to $1.93B in 2023.

In 2023, Algeria did not export any services to United Kingdom.

United Kingdom-Algeria Trade: In 2023, United Kingdom exported $262M to Algeria. The main products that United Kingdom exported to Algeria were Unpackaged Medicaments ($39.2M), Gas Turbines ($30.7M), and Soybean Oil ($12M). Over the past 5 years the exports of United Kingdom to Algeria have decreased at an annualized rate of 8.88%,  from $418M in 2018 to $262M in 2023.

In 2023, United Kingdom did not export any services to Algeria.

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Algeria exported $1.93B to United Kingdom. The main products exported from Algeria to United Kingdom were Crude Petroleum ($1.54B), Petroleum Gas ($208M), and Raw Iron Bars ($46.6M). During the last 5 years the exports of Algeria to United Kingdom have decreased at an annualized rate of 7.78%, from $2.9B in 2018 to $1.93B in 2023.

In 2018, United Kingdom exported $262M to Algeria. The main products exported from United Kingdom to Algeria were Unpackaged Medicaments ($39.2M), Gas Turbines ($30.7M), and Soybean Oil ($12M). During the last 5 years the exports of United Kingdom to Algeria have decreased at an annualized rate of 8.88%, from $418M in 2023 to $262M in 2018.

Exports from Algeria (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Algeria (Flag) (2023)

Latest Data

Trade between Algeria (Flag) and United Kingdom (Flag)

Algeria Exports

United Kingdom Exports

Market Competitiveness

Color
Algeria
Top DestinationItaly$15.2B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Algeria than United Kingdom included Italy ($15.2B), Tunisia ($1.81B), and Mauritania ($96.7M).

In 2023, countries that imported more from United Kingdom than Algeria included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Algeria (Flag) (2023)

Comparative Advantage Algeria - United Kingdom

Flow
Scale

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

During 2023, Algeria had a large net trade with United Kingdom in the exports of Mineral Products ($1.79B), Chemical Products ($65.2M), and Metals ($53.2M).

During 2018, United Kingdom had a large net trade with Algeria in the exports of Machines ($86.1M), Chemical Products ($70.4M), and Instruments ($19.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria United Kingdom+$1.14BPetroleum Gas
Top Product Potential United Kingdom Algeria+$17.7MGas Turbines

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 Algeria and United Kingdom. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Algeria.

Product Space of Algeria (Flag) and United Kingdom (Flag) (2023)

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