2022
Exports
$1.03kWorld Rnk 118 / 139
Flag Rnk 599 / 802
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$923MWorld Rnk 19 / 200
Flag Rnk 5 / 1100
2022
ECONOMIC COMPLEXITY of Algeria
-0.64Rnk 95 / 133

About

Exports In 2022, Algeria exported $1.03k in Soybeans, making it the 118th largest exporter of Soybeans in the world. At the same year, Soybeans was the 599th most exported product in Algeria. The main destination of Soybeans exports from Algeria are: Canada ($1.03k) and France ($2).

The fastest growing export markets for Soybeans of Algeria between 2021 and 2022 were Canada ($98) and France ($2).

Imports In 2022, Algeria imported $923M in Soybeans, becoming the 19th largest importer of Soybeans in the world. At the same year, Soybeans was the 5th most imported product in Algeria. Algeria imports Soybeans primarily from: Brazil ($526M), United States ($238M), Canada ($159M), Egypt ($23.9k), and Spain ($22.2k).

The fastest growing import markets in Soybeans for Algeria between 2021 and 2022 were Brazil ($250M), United States ($187M), and Canada ($21.7M).

Latest Trends

May 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 Soybeans. 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)$1.03k
IMPORTS (2022)$923M
NET TRADE (2022)-$923M

In 2022, Algeria exported $1.03k in Soybeans. The main destinations of Algeria exports on Soybeans were Canada ($1.03k) and France ($2).

In 2022, Algeria imported $923M in Soybeans, mainly from Brazil ($526M), United States ($238M), Canada ($159M), Egypt ($23.9k), and Spain ($22.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Algeria WERE (2021 - 2022):
Canada$98 (10.5%)
France$2 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Algeria's main exporting competitors in Soybeans were:
In 2022, Algeria's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.95k
TOP IMPORT POTENTIALUnited States+ $27.9M

Soybeans’s highest export potential is Canada. With an export gap of $1.95k.   Soybeans’s highest import potential is United States with an import gap of $27.9M.

See methodology.

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