Exports increased to USD10.71 billion from January to late March 2018 against USD8.93 billion over the same period in 2017, corresponding to an increase of about 20%, said the Customs’ National Centre for Statistics and Data Processing (CNIS).
Imports slightly dropped to USD11.2 billion against USD11.92 billion in the same period of the previous year, down by nearly 6%.
The coverage of imports by exports reached 96% in the first three months of 2018 against 75% in the same period of 2017.
Hydrocarbons represented Algeria’s main sales abroad (93.6% of exports) standing at USD10.03 billion against USD8.388 billion from January to March 2017, up by USD1.64 billion (+19.6%).
Non-hydrocarbon exports consisted of semi-finished products (USD533 million against USD425 million), foodstuffs (USD89 million against USD87 million), raw products (USD39 million against USD19 million), industrial equipment (USD17 million against USD15 million) and non-food consumer products (USD8 million against USD 4 million).