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Algeria Net Trade (Goods & Services, BoP)

Algeria's net trade (goods & services, bop) fell to $8.29 billion in 2023, down from $22.61 billion in 2022, according to World Bank. This represents a decrease of 63.3% ($14.32 billion) from the previous year. Algeria has net trade (goods & services, bop) higher than the global median ($8.29 billion vs median -$215.12 million). Compared with the median in Africa, Algeria is higher ($8.29 billion vs regional median -$1.08 billion) and ranks 2nd out of 48 countries in Africa.

Yearly Historical Data (1977-2023)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2023 8.29
2022 22.61
2021 -2.44
2020 -17.45
2019 -15.71
2018 -15.7
2017 -22.4
2016 -27.45
2015 -25.38
2014 -7.68
2013 2.92
2012 12.81
2011 17
2010 9.94
2009 -0.91
2008 32.48
2007 30.13
2006 31.95
2005 24.2
1991 4.7
1990 3.36
1989 0.42
1988 0.07
1987 1.52
1986 -1.3
1985 2.18
1984 1.57
1983 1.47
1982 1.48
1981 1.78
1980 1.82
1979 -0.25
1978 -2.59
1977 -1.44
Algeria Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Algeria, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $35.19B $29.99B 2017
Annual Imports $46.05B $47.09B 2017
Balance of Trade -$8M $277M Dec'24
Exports $12.5B $11.7B Dec'24
Exports (% GDP) 23.62% 30.81% 2023
FDI Inflows (% GDP) 0.49% 0.41% 2023
Imports $12.5B $11.4B Dec'24
Imports (% GDP) 20.06% 20.39% 2023
Tariff Rate 11.2% 12.83% 2022
Trade (% GDP) 43.68% 51.2% 2023