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Algeria
(information)
Population as of 2020: 44 million 33 of 193
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Region: North Africa
Nominal G.D.P. in 2024: $263.62 billion 50 of 193
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Top Exports
Algeria’s export structure in **2024** is one of the most **extremely concentrated in the world**, dominated by **oil and natural gas**. About $48–50 billion in total exports (goods) ๐ **Hydrocarbons (oil & gas) account for ~90–95% of total exports** | Rank | Export Category | Notes | | ---- | ------------------------------------ | -------------------------------------------------------------------- | | 1 | **Mineral fuels (oil & gas)** | ~90%+ of exports; overwhelmingly dominant | | 2 | **Petroleum gas (natural gas, LNG)** | Largest single component export | | 3 | **Crude petroleum** | Second-largest export | | 4 | **Refined petroleum products** | Fuel oils and derivatives | | 5 | **Fertilizers** | Especially nitrogen-based (urea, ammonia) | | 6 | **Inorganic chemicals** | Ammonia, chemical inputs | | 7 | **Iron & steel** | Industrial metals | | 8 | **Salt, sulphur, cement & stone** | Construction materials | | 9 | **Plastics & plastic articles** | Petrochemical derivatives | | 10 | **Organic chemicals** | Industrial chemicals | Key individual export products (by value) | Rank | Product | Notes | | ---- | -------------------------------------- | -------------------------------------------------------- | | 11 | **Petroleum gases (LNG, natural gas)** | Largest single export (~40%+) | | 12 | **Crude oil** | ~30% share | | 13 | **Refined petroleum oils** | ~15–20% share | | 14 | **Nitrogenous fertilizers (urea)** | Leading non-oil export | | 15 | **Ammonia** | Key chemical export | | 16 | **Iron ore & steel products** | Industrial exports | | 17 | **Copper & copper products** | Small but growing sector | | 18 | **Dates & agricultural products** | Notable niche export | | 19 | **Machinery (limited)** | Minor export category | | 20 | **Fruits & nuts** | Small agricultural exports | Key Takeaways * ๐ข️ **Extreme energy dependence:** * Oil and gas make up **~90–95% of export earnings** * ๐ฅ **Gas is especially important:** * Algeria is a major supplier of **natural gas (especially to Europe)** * ๐งช **Limited diversification:** * Non-oil exports (fertilizers, chemicals, metals) are **small but growing** * ๐ **Strategic energy supplier:** * Plays a key role in **European energy markets** Top Importers of Algeria’s Exports (2024) | Rank | Country | Notes | | ---- | ------------------ | ---------------------------------------------- | | 1 | **Italy** | Largest buyer; natural gas via pipelines, oil. | | 2 | **Spain** | Natural gas and petroleum products. | | 3 | **France** | Energy, chemicals, and industrial goods. | | 4 | **United States** | Crude oil and petroleum products. | | 5 | **Turkey** | LNG, chemicals, and industrial inputs. | | 6 | **Netherlands** | Trade hub; energy and re-exports. | | 7 | **China** | Oil, gas, and industrial commodities. | | 8 | **United Kingdom** | Energy products and chemicals. | | 9 | **Germany** | Natural gas and industrial goods. | | 10 | **Belgium** | Energy and chemical products. | Key Patterns * ๐ช๐บ **Europe dominates strongly**: * Most exports go to **European countries**, especially for **natural gas** * ๐ฅ **Energy drives everything**: * Nearly all exports to top partners are **oil and gas** * ๐ฎ๐น **Italy is #1**: * A key pipeline-connected partner for **natural gas supply** * ๐ **Trade hubs matter**: * Countries like the **Netherlands and Belgium** act as distribution centers