EU Countries Remain Algeria's Main Trading Partners In Q1
Algiers - Nearly 60 percent of Algeria's trade in the first quarter of 2014 were made with European Union (EU) countries which remain its major partners, Algeria Press Service (APS) reported.
Source : https://www.emouaten.com/english/EU-Countries-Rema...
Algeria's overall total trade reached US$30.26 billion with US$18.07 billion or 59.72 percent contributed by EU countries from January to March this year, the Customs' National Data Processing and Statistics Centre (CNIS) said.
Imports from the EU reached US$7.14 billion during this period, accounting for 51.60 percent of Algeria's total imports while exports to the bloc stood at US$10.93 billion in representing 66.55 percent of total exports.
Compared to the same period last year, Algeria's imports and exports to the EU economic community were 7.87 percent and 5.06 percent lower respectively, preliminary figures from the data processing and statistics centre showed.
In the first quarter of 2014, Spain's imports from Algeria stood at US$2.25 billion or 13.68 percent of total imports.
Italy came second at US$2.18 billion (13.31 percent) followed by France at US$1.96 billion (11.97 percent), UK at US$1.61 billion (9.82 percent) and the Netherlands US$1.52 billion (9.3 percent).
China continues to top the list as Algeria's supplier with US$1.87 billion (13.52 percent) exports followed by France with US$1.67 billion (12.11 percent), Italy US$1.26 billion (9.15 percent), Spain US$1.21 billion (8.78 percent) and Germany US$810 million (5.86 percent).
Algeria's exports to EU countries outside the Organisation for Economic Co-operation and Development (OECD) stood at nearly US$2.49 billion or 15.15 percent of total foreign sales, falling by more than 32 percent during the first quarter of 2014 over the same period in 2013.
Imports from these EU countries in the same period were US$2.01 billion or 14.52 percent, an increase of 26.75 percent from the preceding period.
http://www.bernama.com/bernama/v7/bm/wn/newsworld.php?id=1037657
Imports from the EU reached US$7.14 billion during this period, accounting for 51.60 percent of Algeria's total imports while exports to the bloc stood at US$10.93 billion in representing 66.55 percent of total exports.
Compared to the same period last year, Algeria's imports and exports to the EU economic community were 7.87 percent and 5.06 percent lower respectively, preliminary figures from the data processing and statistics centre showed.
In the first quarter of 2014, Spain's imports from Algeria stood at US$2.25 billion or 13.68 percent of total imports.
Italy came second at US$2.18 billion (13.31 percent) followed by France at US$1.96 billion (11.97 percent), UK at US$1.61 billion (9.82 percent) and the Netherlands US$1.52 billion (9.3 percent).
China continues to top the list as Algeria's supplier with US$1.87 billion (13.52 percent) exports followed by France with US$1.67 billion (12.11 percent), Italy US$1.26 billion (9.15 percent), Spain US$1.21 billion (8.78 percent) and Germany US$810 million (5.86 percent).
Algeria's exports to EU countries outside the Organisation for Economic Co-operation and Development (OECD) stood at nearly US$2.49 billion or 15.15 percent of total foreign sales, falling by more than 32 percent during the first quarter of 2014 over the same period in 2013.
Imports from these EU countries in the same period were US$2.01 billion or 14.52 percent, an increase of 26.75 percent from the preceding period.
http://www.bernama.com/bernama/v7/bm/wn/newsworld.php?id=1037657
Source : https://www.emouaten.com/english/EU-Countries-Rema...