Country Profile

Located in the north africa, algeria is known as the largest nation of the mediterranean sea and the second largest of the african continent. It is the 11th largest country of the world in terms of its area. Algeria is bounded by the tunisia in the northeast direction, libya from the east, niger at the southeast, mali and mauritania from the southwest directions. Algeria is the esteemed member of the United Nations, African Union, Arab League, and OPEC. The country has 998 km long coastline. It has 12 nm territorial sea. Algeria has recorded its industrial production rate at 5 per cent(approx.). It is highly enrich in terms of the petroleum, natural gas, iron ore, phosphates, uranium, lead, zinc resources.

Snapshot

Economic Overview

• Algeria is recognized as the leading petroleum exporter.
• The nation is 2nd largest natural gas exporter in all over world.
• The economy is largely dependent on the hydrocarbon sector that holds more than 95% of the export earning.
• It has the 14th largest oil reserves in the world.
• It has 5th largest gas reserves in throughout the world.
• The nation is the largest oat market in Africa.
• Industrial sector is the major GDP contributor.
• It is blessed with natural resources like iron, lead, zinc, copper, mercury etc.

International Trade

Major Export Items
Petroleum, Natural Gas, Petroleum Products

Main Destinations of Exports
United States, Italy, Spain, Canada, France, Netherlands, Brazil

Major Import Items
Capital Goods, Foodstuffs, Consumer Goods

Main Origins of Imports
France, China, Italy, Spain, USA, Germany, Turkey

Contacts of Trade Ministries/ Associations