Russia (RUS) and Algeria (DZA) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Algeria (DZA) Trade

2021

→

Exports $1.48BRnk 16 / 0

2021

→

Exports $18.3MRnk 20 / 0

2023

Economic Complexity (ECI) ECI 0.3Rnk 50 / 132

2023

Economic Complexity (ECI) ECI -0.75Rnk 99 / 132

2023

GDP$2.02TCURRENT US$
Rnk 11 / 195

2013-2023

GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195

2023

GDP$248BCURRENT US$
Rnk 53 / 195

2013-2023

GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195

2023

GDP PC $13,817CURRENT US$
Rnk 74 / 195

2013-2023

GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

2023

GDP PC$5,364CURRENT US$
Rnk 121 / 196

2013-2023

GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195

Image 1

Image by Sam Greenhalgh
Link: https://flic.kr/p/9qSwNm

Image 2

Image by habib kaki 2
Link: https://flic.kr/p/LKJ3u6

Latest Trends
Historical Data
Potential Exports
Economic Complexity

About

Russia-Algeria Trade: In 2021, Russia exported $1.48B to Algeria. The main products that Russia exported to Algeria were N/A. Over the past 5 years the exports of Russia to Algeria have increased at an annualized rate of 0.51%, from $1.44B in 2016 to $1.48B in 2021.

In 2020, Russia exported services to Algeria worth $67.8M, with Other business services ($66.1M), Transportation ($1.42M), and Computer and information services ($121k) being the largest in terms of value.

Algeria-Russia Trade: In 2021, Algeria exported $18.3M to Russia. The main products that Algeria exported to Russia were N/A. Over the past 5 years the exports of Algeria to Russia have increased at an annualized rate of 12.9%, from $9.94M in 2016 to $18.3M in 2021.

In 2021, Algeria did not export any services to Russia.

Comparison: In 2023, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $86.2M and imported $776k from Algeria, resulting in a positive trade balance of $85.4M. Between January 2021 and January 2022 the exports of Russia have increased by $62.5M (264%) from $23.7M to $86.2M, while imports increased by $291k (59.9%) from $486k to $776k.

Trade In January 2022, the top exports of Russia to Algeria were Commodities not elsewhere specified ($13.5M), Soybean Oil ($4.78M), Yeast ($1.15M), Nitrogenous Fertilizers ($944k), and Other Mineral ($696k). In January 2022 the top imports of Russia from Algeria were Tropical Fruits ($480k), Office Machine Parts ($3.76k), and Motor vehicles; parts and accessories (8701... ($1.89k).

Origins In January 2022 the exports of Russia were mainly from KALININGRAD REGION ($21.7M), KRASNODAR TERRITORY ($20.6M), CHELYABINSK REGION ($13.8M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.74M), and VOLGOGRAD REGION ($7.05M), while imports destinations were mainly KRASNODAR TERRITORY ($324k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($266k), MOSCOW REGION ($79.6k), ST. PETERSBURG ($79.2k), and PENZA REGION ($27.3k).

Growth In January 2022, the increase in Russia's year-by-year exports to Algeria was explained primarily by an increase in product exports in Commodities not elsewhere specified ($12M or 807%), Other Coloring Matter ($590k or 788%), and Yeast ($218k or 23.4%). In January 2022, the increase in Russia's year-by-year imports from Algeria was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2021 - January 2022)$62.5M(264%)

IMPORT GROWTH (January 2021 - January 2022)$291k(59.9%)

MAIN EXPORTER (January 2022)KALININGRAD REGION$21.7M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Russia exported $1.48B to Algeria. There were not main exports from Russia to Algeria in 2021. During the last 5 years the exports of Russia to Algeria have increased at an annualized rate of 0.51%, from $1.44B in 2016 to $1.48B in 2021.

In 2016, Algeria exported $18.3M to Russia. There were not main exports from Algeria to Russia in 2016. During the last 5 years the exports of Algeria to Russia have increased at an annualized rate of 12.9%, from $9.94M in 2021 to $18.3M in 2016.

Exports from Russia () to Algeria () (2021)

Exports from Algeria () to Russia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$129B

Algeria
Top DestinationItaly$15.2B

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

In 2023, countries that imported more from Russia than Algeria included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Algeria than Russia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

Difference in imports from Algeria () and Russia () (2023)

Comparative Advantage Russia - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Russia had a large net trade with Algeria in the exports of .

During 2016, Algeria had a large net trade with Russia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Russia Algeria+$7.44kWheat

Top Product Potential Algeria Russia+$8.76kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Russia and Algeria. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Russia.

Product Space of Russia () and Algeria () (2021)

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