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Algeria Press Service

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24/04/2017 10:32

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Saturday, 22 April 2017 14:55

Algeria's trade deficit down 50% in Q1 2017

ALGIERS- Algeria's trade deficit hit US$2.74 billion over the first quarter of 2017, against US$5.54 billion during the same period a year earlier, down by over 50%, said the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

Exports increased to US$8.944 billion in Q1 2017, against US$6.32 billion during the same period in 2016, up by 41.52%, while imports dropped to US$11.68 billion in January-March 2017, against US$11.86 billion during the same period of reference, down by 1.5%.

Following the increase in oil prices, varying between US$50 and US$57 in the first quarter of 2017, hydrocarbon exports (representing 94.73% of the overall export value) totalled US$8.47 billion, against US$5.91 billion during the same period in 2016, up by 43.42%, according to figures provided by CNIS.

Non-hydrocarbon exports, which represented 5.3% of the overall export value, hit US$471 million, against US$412 million, up by 14.32%, during the same period of reference.

The non-hydrocarbon exports were made up of semi-finished products, which totalled US$349 million in January-March 2017, foodstuffs (US$87 millions) and raw materials (US$19 million).

In imports, a 14.2% increase was recorded in food bill (US$2.26 billion, against US$1.98 billion) and +7.23% in capital goods (US$4.44 billion, against US$4.14 billion), while a 10.32% drop was recorded in industrial capital goods (US$3.33 billion against US$3.71 billion), and -18.6% in non-food consumer goods (US$1.64 billion, against US$2.02 billion).

In January-March 2017, Algeria's large trading customers were Italy with US$1.74 billion (19.45% of Algeria's overall export value), followed by Spain (US$913 million, 10.21%), the United States (US$903 million, 10.1%), France (US$897 million, 10.03%), and the Netherlands (US$495 million, 5.53%).       Algeria's main suppliers were China with US$2.47 billion (21.2% of Algeria's overall import value), followed by France (US$971 million, 8.3%), Italy (US$796 million, 6.8%), Germany (US$781 million, 6.7%) and Spain (US$709 million, 6.1%).

Published in ECONOMY

ALGIERS- Algeria's trade deficit hit US$1.69 billion over the first two months of 2017, against US$3.72 billion during the same period in 2016, down by nearly 55%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS Monday.

Exports went up to US$6.05 billion between January and late February 2017, against US$3.99 billion during the same period a year earlier, up by 51.67% (+US$2.06 billion), while imports stood at US$7.75 billion against US$7.71 billion during the same period of reference, slightly up by 0.51%, according to the figures provided by the CNIS.

Following the increase in oil prices, which often exceeded US$54 in January-February 2017, hydrocarbon exports (representing 92.4% of the overall export value) totalled US$5.6 billion against US$3.76 billion during the same period of reference, up by 48.87% (+US$1.84 billion).

The non-hydrocarbon exports, which remain low with only 7.6% of the overall export value, hit US$460 million, against US$234 million, up by 96.6%, said the CNIS.

The non-hydrocarbon exports were made up mainly of semi-finished products, which totalled US$395 million in January-February 2017, against US$174 million during the same period a year earlier, foodstuffs (US$42 million, against US$43 million), raw materials (US$13 million, against US$8 million), industrial capital goods (US$8 million, against US$6 million) and non-food consumer goods (US$2 million, against US$3 million), said the CNIS.

In Imports, a slight increase was showed in food product bill, which totalled US$1.51 billion, against US$1.24 billion during the same period of reference, industrial capital goods (US$3 billion, against US$2.67 billion), agricultural capital goods (US$106 million, against US$79 million) and raw materials (US$299 million, against US$280 million), while energy and lubricants went down to US$151 million, against US$225 million), as well as semi-finished products (US$1.61 billion, against US$1.92 billion) and non-food consumer goods (US$1.06 billion, US$1.29 billion).

In January-February 2017, Algeria's large trading customers were Italy with US$1.07 billion (17.73% of Algeria's overall exports value), followed by Spain (US$917 million, 15.14%), France (US$765 million, 12.63%), the United States (US$462 million, 7.63%), Turkey (US$433 million, 7.15%).

Algeria's main suppliers were China with US$1.56 billion (20.21% of Algeria's overall import value), followed by France (US$633 million, 8.17%), Italy (US$533 million, 6.9%), Germany (US$519 million, 6.7%) and Spain (US$454 million, 5.8%).

Published in ECONOMY

ALGIERS- Algeria’s trade deficit reached USD585 million in January 2017 against a deficit of USD1.82 billion in January 2016, down by 68% between the two periods of comparison, said Monday the Algerian Customs.

The exports increased to USD3.3 billion in January 2017 against USD2.05 billion in January 2016, up by 60.74% corresponding to a rise of USD1.25 billion, said the Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).

The imports have stabilized, reaching USD3.89 billion in January 2017 against USD3.88 billion in the same month a year earlier, up by 0.31%.

The exports covered imports by over 85% in January 2017 against 53% in January 2016, according to the source.

Thanks to the recovery in oil prices which exceeded 55 dollars in January, hydrocarbon exports, representing 94.11% of total exports, reached USD3.11 billion against USD1.97 billion during the same period in 2016, up by USD1.14 billion (+58%).

The non-hydrocarbon exports (5.89% of the total amount of exports) increased to USD195 million against USD88 million (+121.6%).

The non-hydrocarbon are made up of semi-finished products with USD167 million (against USD64 million), foodstuffs (USD22 million, against USD17 million), raw materials (USD2 million, against USD4 million), industrial capital goods (USD3 million, against USD2 million) and non-food consumer goods (USD1 million, against USD1 million).

In imports, out of the seven (07) groups of imported products, two (02) recorded a drop in January, namely non-food consumer goods and semi-finished products.

The imports of food products rose to USD736 million (against USD629 million), industrial capital goods to USD1.51 billion (against USD1.35 billion), agricultural capital goods to USD50 million (against USD39 million), raw material (USD150 million, against USD144 million).

Published in ECONOMY
Tuesday, 24 January 2017 13:26

Drug imports bill up in 2016

ALGIERS- the imports bill of pharmaceutical products increased by more than 2% in 2016, in comparison with 2015, despite the decrease of imported quantities, the Customs told APS.

The value of imports of these products rose to USD2.02 billion in 2016, compared to USD1.97 billion in 2015 (+2.4), said the Customs’ National Centre for Data Processing and Statistics (CNIS).

However, the imported quantities decreased to 23,614.2 tons in 2016, against 26,915.7 tons (+12.26%).

By category of products, the bill of drugs for human use amounted to USD1.9 billion against USD1.87 billion (+1.52%), whereas the imported quantities declined to 21,083.1 tons against 24,561.2 tons (-14.1%).

The bill of drugs for veterinary use skyrocketed to USD35.17 million against USD29.53 million (+19.1%), despite a decrease of imported quantities to 661.5 tons against 681.02 tons (-2.85%).

As for the imports of para-pharmaceutical products, they rose to USD81.38 million (1,869.5 tons) against USD68.67 million (1,673.5 tons),a 18.52% rise in value and 11.71% in volume.

Published in ECONOMY

ALGIERS- Pharmaceutical imports bill rose by more than 5% during the first eleven months of 2016 compared with the same period in 2015, in spite of the fall in the imported quantities, the Algerian Customs told APS.

Imports of pharmaceutical products increased to USD1.84 billion between early January and late November 2016, against USD1.74 billion over the same period in 2015, up by 5.54%, according to the Customs' National Center for Data Processing and Statistics (CNIS).

The imported quantities declined by more than 10.4% to 21.557 tonnes (t) against 24.064 t.

The bill of drugs for human use reached USD1.73 billion against USD1.65 billion (+4.8%), while the imported quantities fell by 19.258 t against 21,962 t (-12,3%).

The bill of drugs for animals increased to USD31.32 million against USD27.23 million (+15.05%), while the imported quantities declined to 601.6 t against 635,6 t (-5.35%).

 

ALGIERS- Pharmaceutical imports dropped by more than 2% in the first ten months of 2016 compared with the same period in 2015, the Algerian Customs told APS.

The value of imports reached US$1.51 billion between January and October 2016 against US$1.55 during the same period in 2015, i.e. a drop by 2.12%, said the Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).

The imported quantities dropped by 7.7% to 19,389 tonnes against 21,004 tonnes during the same period in 2015.

In terms of category, medicines for human use totalled US$1.42 billion against US$1.47 billion (-2.94%) with quantities which also dropped to 17, 294 tonnes against 19,083 tonnes (-9.4%).

Imports of medicinal products for veterinary use have slightly increased to reach US$25.1 million against US$24.7 million for the same period in 2015, i.e. rise by 1.55% while the imported quantities dropped to 541 tonnes against 578.5 tonnes (-6.46%).

The bill of parapharmaceutical products increased to US$64.5 million (1.5 million tonnes) against US$54.6 million (1.3 million tonnes, i.e. a rise by 18.2% in value and 15.21 % in volume. 

Published in ECONOMY

ALGIERS – Algeria's import bill of building materials (cement, wood, ceramic products, iron and steel) totalled US$1.74 billion over the past ten months of 2016, against US$2.14 billion during the same period in 2015, down by 18.6%, said the the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

In terms of quantity, Algeria imported 8.45 million tonnes against 8.84 million tonnes, down by 4.5%, during the same period of reference, said the CNIS.

Cement imports declined by 28.3% in terms of value, totalling US$271.7 million during the past ten months of 2016, against US$378.9 million during the same period in 2015, and dropped by 18.76% in terms of quantity, from 5.2 million tonnes down to 4.2 million tonnes during the same period of reference, according to figures provided by CNIS.

The same downward trend was recorded in iron and steel imports, which decreased from US$1.2 billion (2.46 million tonnes) to US$961.6 million (2.19 million tonnes), down by 19.3% in terms of value and -11.14% in terms of volume.

Wood import bill hit US$464.2 million (2 million tonnes) during the past ten months of 2016, against US$528.7 million (1.15 million tonnes) during the same period a year earlier, down by 12.2% in terms of value and up by 73.8% in terms of quantity, said CNIS.

The import bill of ceramic products totalled US$43.4 million (41,233 tonnes) during the first ten months of 2016 against US$39.2 million (40,561 tonnes) during the same period in 2015, up by 10.7% in terms of value and +1.65% in terms of volume.

In 2015, Algeria's import bill of building materials hit US$2.54 billion, against US$3.35 billion in 2014.

Published in ECONOMY
Monday, 12 December 2016 14:00

Cereals: Bill down, quantity up

ALGIERS- The bill of cereal imports (wheat, maize and barley) dropped by more than 18% over the first ten months of 2016, despite an increase in the imported quantities, the Algerian Customs told APS.

The cereal imports bill fell by USD2.31 billion between January and October 2016, against USD2.85 over the same period in 2015, that is, a drop by 18.62%. 

Imports recorded a slight rise as it reached 11.28 million tonnes (Mt) against 11.20 Mt (+0.7%), said the National Centre for Statistics and Data Processing (CNIS).

The cereals which increased in terms of quantity are hard wheat and barley, while soft wheat and maize which decreased.

Wheat (hard and soft) imports bill fell to USD1.51 billion from USD1.97 billion (-23.2%) in 2015, while there was a slight rise in terms of quantity (+0.11%), to 6.93 Mt from 6.92 mt.

Soft wheat imports bill dropped to USD1.03 billion from USD1.38 billion (-25.8%), while the imported quantities decreased to 5.34 Mt from 5.65 Mt (-5.53%).

Hard wheat bill declined to USD489.23 million from USD590.32 million (-17.12%), with a rise in imported quantities which stood at 1.6 Mt against 1.27 Mt (+25.2%) in 2015.

Maize imports dropped to USD665.08 million against USD722.27 million (-7.92%) as the volume of imports fell to 3.57 Mt from 3.60 Mt (-0.8%).

Algeria imported USD135.54 million of barley against USD150.26 million (-9.8%), while quantities fells to 767.734 t from 667.819 t (+14.96%). 

Published in ECONOMY

ALGIERS- Building material imports bill (cement, iron and steel, wood and ceramic products) stood at USD1.61 billion over the first nine months of 2016, against USD1.95 billion in the same period in 2015 (-17.65 %), the Customs told APS.

Imported quantities shrunk to 7.95 million tonnes (Mt) against 8.14 Mt (-2.4%), except wood whose imports increased, according to the Customs' National Centre for Data Processing and Statistics (CNIS).

Cement imports dropped to USD257.8 million against USD352.9 million (-27%) in 2015.

The imported quantities decreased to 3.98 Mt against 4.83 Mt (-17.65%).

Iron and steel imports bill fell to USD898.8 million against USD1.08 billion (-17.04%).

Quantities of imports dropped to 2.04 Mt against 2.21 Mt (-8%).

The import bill of wood meant to construction and by-products, fell to USD415.9 million against 482.5 million (-13.8%).

The imported quanty, however, raised to 1.89 Mt against 1.05 Mt (+80%)

The bill of ceramic imports increased to USD37.9 million against USD36.9 million (+2.73%).

Imported quantities dropped to USD35.678 t against 38.809 t (-8.06%) over the same period in 2015.

Published in ECONOMY

ALGIERS- Algeria's import bill of milk powder, milk cream and milk fats dropped to US$618.88 million during the first nine months of 2016, against US$880.88 million during the same period in 2015, down by 29.74%, said the Algerian Customs' National Office of Data Processing and Statistics (CNIS).

Between January and September 2016, Algeria imported 262,792 tonnes of those products, against 301,432 tonnes during the same period a year earlier, down by nearly 13%, according to figures provided by CNIS.

In 2015, milk import bill declined to US$1.04 billion (372,252 tonnes) against US$1.91 billion (395,898 tonnes) in 2014, added the CNIS.

In order to reduce imports of the subsidized products and promote the national dairy field, the Government has decided a series of measures for the stockbreeders and professionals of the sector by increasing subsidy on raw milk and encouraging investment.

Published in ECONOMY

ALGIERS- Algeria's import bill of cereals (wheat, maize and barley) dropped by nearly 20% during the first nine months of 2016 compared to the same period in 2015, despite a slight increase in the imported quantity, said the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

Cereal import bill declined to US$2.05 billion for 10.01 million tonnes between January to late September 2016, against US$2.56 billion for 9.93 million tonnes during the same period a year earlier, down by 19.9% in terms of value and up by 0.84% in terms of volume, said the source.

The import bill of soft and hard wheat dropped to US$1.31 billion (5.99 million tonnes), against US$1.79 billion (6.17 million tonnes) during the same period of reference, down by 26.5% in terms of value and down by 3% in terms of volume.

Soft wheat import bill declined to US$878.82 million against US$1.22 billion, down by 28.13%, while in terms of quantity, Algeria imported 4.57 million tonnes against 4.95 million tonnes between January and late September, down by 7.7%, said the CNIS.

The import bill of hard wheat also decreased to US$437.75 million (1.42 million tonnes), against US$567.71 million (1.22 million tonnes), down by 23% in terms of value and up by 16.3% in terms of volume.

Maize import bill totalled US$602.71 million (3.25 million tonnes) against US$635.58 million (3.14 million tonnes) during the same period of reference, down by 5.2% in terms of value and up by 3.52% in terms of volume, according to the figures provided by CNIS.

Barley import bill dropped to US$135.54 million (767,734 tonnes) against US$139.08 million (611,922 tonnes), down by 2.55% in terms of value and up by +25% in terms of volume.

Published in ECONOMY

ALGIERS- The import bill of building materials (cement, iron, wood and ceramic products) amounted to USD1.45 billion over the first 8 months of 2016, against USD1.79 billion during the same period in 2015, down by 19%, the Algerian Customs told APS.

The imported quantities (cement, iron, wood and ceramic products) also dropped to 7.47 million tonnes against 7.52 million tonnes, down by 0.71% between the two periods of comparison, said the Customs’ National Centre of Data Processing and Statistics (CNIS).

However, the imported quantities of wood and derivatives increased.

Cement import bill (unsprayed, Portland, aluminous, hydraulic .... ) reached USD245.62 million against USD328.95 million (-25,33%).

The imported quantities dropped to 3.8 million tonnes against 4.5 million tonnes (-15.5%).

Iron and steel imports dropped to USD793.71 million against USD990.5 million (-19.87%).

The imported quantities also widened to 1.82 million tonnes against 2.02 million tonnes (-9.7%).

Concerning wood and derivatives destined to construction, its import bill decreased to USD380.94 million against USD440.4 million (-13.5%).

Nevertheless, the imported quantities increased to 1.81 million tonnes against 964,186 tonnes (+47%).   

 

 

Published in ECONOMY

ALGIERS- Algeria's import bill of sugar (beet sugar, cane sugar, lactose syrup and solid lactose) totalled US$570.78 million during the first eight months of 2016, against US$521.8 million during the same period in 2015, up by 9.4%, said the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

In terms of quantity, Algeria imported 1.45 million tonnes of sugar, against 1.3 million tonnes, up by 12.5%, during the same period of reference, according to the figures provided by the CNIS.

The increase in sugar import bill is due to the rise in the imported quantity, while the prices declined, said the CNIS.

In the first half of 2016, Algeria's import bill of brown sugar was US$359/tonne, against US$382/tonne in H1 2015, down 6.02%, while the import bill of white sugar dropped by 1.15% (US$516/tonne in H1 2016, against US$522/tonne in H1 2015), added the CNIS.

Published in ECONOMY

ALGIERS- Algeria's trade balance deficit hit US$13.997 billion in the first eight months of 2016, against US$11.06 billion during the same period in 2015, down by 26.5%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS Wednesday.

Exports dropped to US$17.56 billion between early January and late August 2016, against US$24.71 billion during the same period a year earlier, down by US$7.15 billion (-29%), while imports declined to US$31.56 billion, against US$35.78 billion during the same period of reference, down by US$4.22 billion (-11.8%), according to the figures provided by the CNIS.

Hydrocarbon exports continue to represent the bulk of Algeria's sales abroad with 93.73% of its overall export value, totalling US$16.46 billion during the first eight months of 2016, against US$23.4 billion during the same period in 2015, down by nearly US$7 billion (-29.63%), said the CNIS.

The non-hydrocarbon exports, which remain low with only 6.3% of the overall export value, decreased to US$1.1 billion, against US$1.32 billion, down by 16.4%, compared to the first eight months of 2015.

The non-hydrocarbon exports are made up mainly of semi-finished products (US$836 million, against US$1.04 billion between early January and late August 2018), foodstuffs (US$172 million, against US$186 million), raw materials (US$52 million, against US$69 million), industrial capital goods (US$30 million, against US$14 million) and non-food consumer goods (US$11 million, against US$7 million), said the CNIS.

In imports, the same downward trend was recorded during the first eight months of 2016, especially in food products, which dropped to US$5.42 billion, against US$6.41 billion, industrial capital goods (US$10.53 billion, against US$11.88 billion), semi-finished products (US$7.8 billion, against US$8.21 billion), raw materials (US$1.05 billion, against US$1.09 billion) and non-food consumer goods (US$5.58 billion, against US$5.97 billion), said the CNIS.

During the first eight months of 2016, Algeria's large trading customers were Italy with US$3.5 billion (nearly 20% of Algeria's overall export value during that period), followed by Spain (US$2.38 billion, 13.6%), France (US$2.06 billion, 11.74%), the United States (US$1.3 billion, 7.4%) and Canada (US$996 million, 5.67%).

Algeria's main suppliers were China with US$5.44 billion (17.25% of Algeria's overall import value during the first eight months of 2016), followed by France (US$3.38 billion, 10.73%), Italy (US$3.4 billion, 10.77%), Spain (US$2.48 billion, 7.87%) and Germany (US$1.9 billion, 6.03%).

Published in ECONOMY

ALGIERS- Pharmaceutical imports rose by 10% in the first seven months of 2016 compared with the same period in 2015, despite a slight drop in the imported quantities, the Algerian Customs told APS.

The value of imports reached US$1.14 billion between January and July 2016, against US$1.03 billion during the same period of reference in 2015, up by 10.17%, said the Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).

The imported quantities dropped by 1.68% to 14,643.2 tonnes against 14,892.7 tonnes during the same period in 2015.

In terms of category, medicines for human use amounted to US$1.07 billion against nearly US$984 million (+9.6%), while the quantities fell to 13,157.4 tonnes against 13,546 tonnes (-2.87%) in 2015.

Imports of medicinal products for veterinary use reached nearly US$18.5 million (410.6 tonnes) against US$18.54 million (442.4 tonnes), down by 0.27% in value and 7.2% in volume.

Imports of parapharmaceutical products were valued at US$45.65 million (1,075.2 tonnes) against US$34.57 million (904.3 tonnes), up 32.04% in value and about 19% in volume.

Published in ECONOMY

ALGIERS- Algeria’s trade deficit reached USD11.93 billion during the first seven months of 2016, against a USD9.43 billion deficit in the same period of 2015, up by 26.5%, the Algerian Customs told APS.

Exports sharply declined to USD15.14 billion during the first seven months of 2016 against USD22.1 billion over the same period of 2015 (-31.48%), down by nearly USD7 billion according to figures provided by the  Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).              

Imports also decreased, but at a slower pace compared to exports, totaling USD27.07 billion against USD31.53 billion (-14.14%), a drop of USD4.46 billion, said the source.

The coverage rate of imports by exports reached 56% against 70% between the two periods of reference.

Hydrocarbons continue to represent the bulk of Algeria’s sales abroad with 93.73% of the overall exports value with an amount of USD17.19 billion during the seven first months against USD20.9 billion in the same period of the previous year (-32.09%), a USD6.71% drop.

Non-hydrocarbon exports, which represent 6.27% of the overall amount of exports decreased to USD949 billion, a 20.72% drop compared to the first seven months of 2015.

The non-hydrocarbon exports are made up of semi-finished products with USD710 million (against USD955 million), foodstuffs with USD159 million (against USD166 million), raw materials with USD45 million (against USD59 million), industrial capital goods with USD25 (against USD10 million) and non-food consumer goods with USD10 million (against USD7 million).

As for imports, all product groups noted a drop between the beginning of January and July 2016.

Published in ECONOMY

ALGIERS- Algeria’s import bill of sugar (beet sugar, cane sugar, lactose syrup and solid lactose) totalled US$396.15 million in the first six months of 2016 against US$438.82 million during the same period in 2015, down by 9.72%, said the Algerian Customs’ National Centre of Data Processing and statistics (CNIS).

The imported quantities of sugar increased slightly reaching 1.06 million tonnes against 1.05 million tonnes during the same period a year earlier, up by 0.8%, said the source.

The drop in import bill is due to the decline in the prices of brown and white sugar on global market.

The imports of sugar dropped to US$714.76 million against US$861.04 million in 2014 (-17%), while the imported quantities amounted to 1.93 million tonnes against 1.92 million tonnes (+0.5%).

 

Published in ECONOMY
Monday, 01 August 2016 13:10

Medicine imports hike in H1 2016

ALGIERS- The bill of pharmaceutical imports increased by more than 34% in the first half of 2016 compared with the same period in 2015, the Algerian Customs told APS on Monday.

Medicinal products imports' value reached USD1.136 billion in the first half of 2016, against USD846.6 million over the same period in 2015, up by 34.26%, according to the Customs' National Centre for Data Processing and Statistics (CNIS).

Imported quantities increased by 22% to 14,588 tonnes, from 12,232 t in the first half of 2015.

The bill of medicine imports for human use stood at USD1.07 billion against USD802.15 million (+33.2%), while the imported quantities dropped from 13.043 t to 11.077 t.

Imports of medicinal products for veterinary use reached USD20.54 million (438 t) against USD16.63 million (386 t) in the first half of 2015, an increase by 23.53% in value and 13% in volume.

 

Imports of pharmaceuticals were valued at USD47.67 million (1.106 t) against USD27.81 million (769 t), up 71.44% in value and 44% in volume. 

 

ALGIERS- Algeria's trade balance deficit hit US$10.83 billion in the first half of 2016, against US$8.51 billion during the same period in 2015, up by 27.2%, said the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

Exports sharply declined to US$12.68 billion during the first six months of 2016, against US$18.93 billion during the same period a year earlier, down by 33.02%, while imports dropped to US$23.51 billion, against US$27.445 billion, down by 14.34 during the same period of reference, according to figures provided by the CNIS.

Hydrocarbons continue to represent the bulk of Algeria's sales abroad with 93.55% of its overall export value, totalling US$11.86 billion during the first half of 2016, against US$17.868 billion during the same period in 2015, down by 33.62%, said the CNIS.

Non-hydrocarbon exports, which represented 6.45% of the overall export value, decreased to US$ 818 million, down by 22.83% compared to the first six months of 2015.

The non-hydrocarbon exports are made up mainly of semi-finished products (US$624 million, against US$846 million), foodstuffs (US$129 million, against US$150 million), raw materials (US$34 million, against US$50 million), industrial capital goods (US$22 million, against US$8 million) and non-food consumer goods (US$9 million, against US$6 million), said the CNIS.

In imports, the same downward trend was recorded during the first half of 2016, especially in food products, which dropped to US$4.041 billion (-21.09%), capital goods (US$8.031 bln, -15.28%) and non-food consumer goods (US$4.107 bln, -9.70%).

 Algeria's large trading customers during the first half of 2016 were Italy with US$2.550 bln (20.11% of Algeria's overall export value during that period), followed by Spain (US$1.784 bln, 14.07%), France (US$1.422 bln, 11.22%), the United States (US$931 million, 7.34%) and Canada (US$784 million, 6.18%).

Algeria's main suppliers were China with US$4.167 (17.73% of Algeria's overall import value during the first half of 2016), followed by France (US$2.684 bln, 11.42%), Italy (US$2.405 bln, 10.23%), Spain (US$1.861 bln, 7.92%) and Germany (US$1.334 bln, 5.67%).

 

Published in ECONOMY

ALGIERS- Algeria's import bill of sugar (beet sugar, cane sugar, lactose syrup and solid lactose)totalled US$346.92 million in the first five months of 2016, against US$365.73 million during the same period in 2015, down by 5.14%, said Monday the Algerian Customs' National Centre of Data Processing and Statistics (CNIS).

In terms of quantity, Algeria imported 961,247.7 tonnes of sugar from January to May 2016, against 847,178.7 tonnes during the same period a year earlier, up by 13.5%, according to figures provided by the CNIS.

The drop in sugar import bill, despite the increase in the imported quantities, is due to the decline in prices of brown and white sugar in world markets, said the CNIS.

In 2015, Algeria's import bill of brown and white sugar went down by 18% compared to 2014.

The downward trend continued during the first quarter of 2016 with an average price of US$340/tonne of brown sugar against US$401/tonne during the same period in 2015, down by 15%, said the CNIS.

The same downward trend was recorded in white sugar price, which averaged US$500/tonne during the first three months of 2016, against US$542/tonne during the same period in 2015, down by 8%, added the CNIS.

Published in ECONOMY
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