2023
Exports
$5.7BWorld Rnk 32 / 214
Flag Rnk 3 / 821
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$141MWorld Rnk 162 / 226
Flag Rnk 59 / 1112
2023
ECONOMIC COMPLEXITY of Algeria
-0.75Rnk 99 / 132

About

Exports In 2023, Algeria exported $5.7B in Refined Petroleum, making it the 32nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Algeria. The main destination of Refined Petroleum exports from Algeria are: United States ($1.95B), Germany ($461M), France ($456M), Japan ($426M), and Netherlands ($417M).

The fastest growing export markets for Refined Petroleum of Algeria between 2022 and 2023 were France ($209M), Belgium ($204M), and Cyprus ($75.9M).

Imports In 2023, Algeria imported $141M in Refined Petroleum, becoming the 162nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 59th most imported product in Algeria. Algeria imports Refined Petroleum primarily from: Turkey ($25M), Uganda ($22M), France ($19.7M), Belgium ($16.9M), and United Arab Emirates ($11.9M).

The fastest growing import markets in Refined Petroleum for Algeria between 2022 and 2023 were France ($6.83M), Uganda ($4.95M), and Greece ($3.9M).

Latest Trends

Dec 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 Refined 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 (2023)$5.7B
IMPORTS (2023)$141M
NET TRADE (2023)$5.56B

In 2023, Algeria exported $5.7B in Refined Petroleum. The main destinations of Algeria exports on Refined Petroleum were United States ($1.95B), Germany ($461M), France ($456M), Japan ($426M), and Netherlands ($417M).

In 2023, Algeria imported $141M in Refined Petroleum, mainly from Turkey ($25M), Uganda ($22M), France ($19.7M), Belgium ($16.9M), and United Arab Emirates ($11.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Algeria WERE (2022 - 2023):
France$209M (84.6%)
Belgium$204M (100%)
Cyprus$75.9M (661%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Algeria WERE (2022 - 2023):
South Korea-$2.49B (-100%)
China-$515M (-76.6%)
Singapore-$418M (-52.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Algeria's main exporting competitors in Refined Petroleum were:
In 2023, Algeria's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $737M
TOP IMPORT POTENTIALBelgium+ $17.5M

Refined Petroleum’s highest export potential is United States. With an export gap of $737M.   Refined Petroleum’s highest import potential is Belgium with an import gap of $17.5M.

See methodology.

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