Most Popular

Most Viewed

Algerian Exports Reach Historic High

The Director of Foreign Trade at the Algerian Ministry of Foreign Affairs, Khaled Bouchlaghem, announced that Algerian exports, excluding hydrocarbons, have reached a $2.4 billion threshold in the past seven months, expecting that they will exceed $4.5 billion before the end of the year.

Bouchlaghem confirmed that there is a new ascending curve in the export process, especially toward African countries, which contributed to reducing the trade balance deficit.

He said data indicate that exports will achieve a historical record this year, adding that statistics from customs for the first seven months of this year reveal that exports reached $2.4 billion, after not exceeding $1.2 billion, which represents a 108% increase. 

Bouchlaghem added that this significant increase in exports amounted to $450 million in building materials, while fertilizer exports increased by 67%.

    Leave Your Comment

    Your email address will not be published.*