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Algeria Press Service

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23/03/2017 07:18

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You are here:HOME»ECONOMY»Algeria's trade deficit at over $17 billion over first 11 months
Tuesday, 20 December 2016 12:11

Algeria's trade deficit at over $17 billion over first 11 months

ALGIERS-Algeria a posted a trade deficit of USD17.2 billion over the first eleven months of 2016 against a deficit of USD15.39 billion in the same period of 2015, up by 11.76%, Customs told APS Tuesday. 

Exports fell to $20.04 billion against USD 25.58 billion over the same period of 2016 against USD32.05 billion over the period of 2015, down by nearly USD6.9 billion (-20.22%), said the National Centre of Data Processing and Statistics of the Customs (CNIS).

As for imports, they also decreased but at a slower pace compared to the exports, totalling USD42.78 billion against USD47.45 billion over the same period last year, a decline of nearly USD4.67 billion (- 9.85%).

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