Analysis and Studies - Country Analysis
Algeria: a look at the market
February 20th 2025
Overview
In 2023, Algeria ranked as the 53rd largest economy globally by GDP (current US$), 57th in total exports, 64th in total imports, 121st in GDP per capita (current US$), and 99th in terms of economic complexity according to the Economic Complexity Index (ECI).
Exports
Algeria's leading exports include Petroleum Gas ($27.2B), Crude Petroleum ($14.1B), Refined Petroleum ($5.7B), Nitrogenous Fertilizers ($1.34B), and Cement ($517M). The main destinations for these exports are Italy ($15.2B), France ($7.29B), Spain ($6.73B), the United States ($3.14B), and the Netherlands ($2.04B).
Imports
Algeria's top imports consist of Wheat ($1.83B), Cars ($1.58B), Concentrated Milk ($1.31B), Corn ($1.07B), and Raw Sugar ($932M). The largest suppliers of these goods are China ($9.45B), France ($4.63B), Italy ($3.03B), Turkey ($2.75B), and Brazil ($2.37B).
Location
Algeria shares land borders with Libya, Mali, Mauritania, Morocco, Niger, and Tunisia, and is also connected to Italy and Spain by sea.
Source: https://oec.world/
