2022
Exports
$16BWorld Rnk 20 / 149
Flag Rnk 2 / 802
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$2.38kWorld Rnk 133 / 158
Flag Rnk 1064 / 1100
2022
ECONOMIC COMPLEXITY of Algeria
-0.64Rnk 95 / 133

About

Exports In 2022, Algeria exported $16B in Crude Petroleum, making it the 20th 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 ($2.93B), Spain ($2.39B), Netherlands ($1.63B), United Kingdom ($1.15B), and India ($1.13B).

The fastest growing export markets for Crude Petroleum of Algeria between 2021 and 2022 were Spain ($1.11B), India ($788M), and France ($742M).

Imports In 2022, Algeria imported $2.38k in Crude Petroleum, becoming the 133rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1064th most imported product in Algeria. Algeria imports Crude Petroleum primarily from: France ($2.38k).

The fastest growing import markets in Crude Petroleum for Algeria between N/A and 2022 were France ($2.38k).

Latest Trends

Aug 2024

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 (2022)$16B
IMPORTS (2022)$2.38k
NET TRADE (2022)$16B

In 2022, Algeria exported $16B in Crude Petroleum. The main destinations of Algeria exports on Crude Petroleum were France ($2.93B), Spain ($2.39B), Netherlands ($1.63B), United Kingdom ($1.15B), and India ($1.13B).

In 2022, Algeria imported $2.38k in Crude Petroleum, mainly from France ($2.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Algeria WERE (2021 - 2022):
Spain$1.11B (87%)
India$788M (229%)
France$742M (34%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Algeria WERE (2021 - 2022):
Greece-$176M (-36.9%)
Japan-$155M (-77.3%)
Thailand-$131M (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Algeria's main exporting competitors in Crude Petroleum were:
In 2022, Algeria's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
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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