2023
Exports
$9.59MWorld Rnk 32 / 95
Flag Rnk 35 / 821
2023
PRODUCT COMPLEXITY IN Steel Ingots
0.44Rnk 392 / 1025
2023
Imports
$686kWorld Rnk 63 / 166
Flag Rnk 794 / 1112
2023
ECONOMIC COMPLEXITY of Algeria
-0.75Rnk 99 / 132

About

Exports In 2023, Algeria exported $9.59M in Steel Ingots, making it the 32nd largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 35th most exported product in Algeria. The main destination of Steel Ingots exports from Algeria are: Turkey ($6.46M) and Italy ($3.13M).

The fastest growing export markets for Steel Ingots of Algeria between 2022 and 2023 were Italy ($3.13M).

Imports In 2023, Algeria imported $686k in Steel Ingots, becoming the 63rd largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 794th most imported product in Algeria. Algeria imports Steel Ingots primarily from: Italy ($450k) and Germany ($236k).

The fastest growing import markets in Steel Ingots for Algeria between 2022 and 2023 were Italy ($340k) and Germany ($187k).

Latest Trends

Jan 2025

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 Steel Ingots. 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)$9.59M
IMPORTS (2023)$686k
NET TRADE (2023)$8.91M

In 2023, Algeria exported $9.59M in Steel Ingots. The main destinations of Algeria exports on Steel Ingots were Turkey ($6.46M) and Italy ($3.13M).

In 2023, Algeria imported $686k in Steel Ingots, mainly from Italy ($450k) and Germany ($236k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Algeria WERE (2022 - 2023):Italy$3.13M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Algeria WERE (2022 - 2023):Turkey-$33.2M (-83.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Algeria's main exporting competitors in Steel Ingots were:
In 2023, Algeria's main importing competitors in Steel Ingots were:

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Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.51k
TOP IMPORT POTENTIALItaly+ $83.9k

Steel Ingots’s highest export potential is United States. With an export gap of $4.51k.   Steel Ingots’s highest import potential is Italy with an import gap of $83.9k.

See methodology.

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