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Algeria supplies 25 percent of the European Union's natural gas imports. In 2007 Algeria posted a positive merchandise trade balance of US$37.2 billion. In 2007 Algeria achieved a positive current account balance of US$31.5 billion. High prices for Algeria's energy exports are the main driver for the improvement in the current account balance. [43]
Algeria's agriculture evolved after independence was achieved in 1962. The industry experienced multiple policy changes modernize and decry on food imports. Today, Algeria's agriculture industry continues to expand modern irrigation and size of cultivable land. Despite Algeria's geographical size, less than 4% of its total land area is cultivable.
Service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Some countries have significantly high export figures relative to their economy's size (i.e. Netherlands, Singapore and UAE) due to their high amount of re-exports.
Main page; Contents; Current events; Random article; ... This is a list of countries by imports, ... Algeria: 33,766 2022
Other major exporters of petroleum in that year included the United States, Canada and United Arab Emirates. In 2022, Saudi Arabia also had the largest oil export value in US dollar terms by far. Many of these countries also import oil, and some import more oil than they export, this is known as an oil export deficit.
Algeria's currency is the dinar (DZD). The economy remains dominated by the state, a legacy of the country's socialist post-independence development model. In recent years, the Algerian government has halted the privatization of state-owned industries and imposed restrictions on imports and foreign involvement in its economy. [2]
Main page; Contents; Current events; ... Print/export Download as PDF; ... The following is a list of the exports of Algeria. Exports
Algeria is the United States' 3rd-largest market in the Middle East/North African region. [3] U.S. exports to Algeria totaled $1.2 billion in 2005, an increase of more than 50% since 2003. [3] U.S. imports from Algeria grew from $4.7 billion in 2002 to $10.8 billion in 2005, primarily in oil and liquefied natural gas. [3]