Economy, Commerce and Trade

The principal Algerian exports are natural gas, petroleum, iron ore, vegetables, wine, tobacco, phosphates, fruit, cork, and hides. Major imports are machinery, textiles, sugar, cereals, iron and steel, coal, and gasoline. Chief purchasers of Algeria’s exports are Italy, the United States, France, the Netherlands, Belgium, and Spain; leading sources for imports are France, Italy, the United States, Germany, Spain, and Japan. In 2000 annual exports totaled $20.2 billion and imports $10.5 billion. Algeria’s trade volume and balance depend heavily on petroleum prices.