Country Profiles
Algeria
AlgeriaLocated in the North Africa, Algeria is the 10th largest country in the world in terms of total land area. Its GDP is $170 Billion and its population is 41 million. Algeria has strong economic relations with Europe and other Arab countries thanks to its ports in the Mediterranean Sea.
Algeria was a French colony until 1962, and they gained independence after Algerian War. Its official language is Arabic and Algiers is the capital city of the country. Sonatrach is one of the most influential Algerian companies, specialized in petrochemicals. It employs more than 100,000 people and has operations in Libya, Mauritania and Yemen.
Their biggest import partner is China and they import products from various sectors, including broadcasting equipments and iron structures. After China, European countries are the main import partners. 94% of Algeria’s exports are petroleum products and they are mainly exported to European countries and to USA.
There have been strong economic relations between Algeria and Turkey. Especially in the construction sector, Turkish companies completed $13.6 Billion worth projects in Algeria by 2016. Turkish exports concentrate on building materials, machinery and vehicles. There are well-established Turkish companies in Algeria, and new investors can find opportunities in construction materials and machinery products.
Below, you can see the fact sheet, macroeconomic outlook and trade relations of Algeria with Turkey.
Import from Turkey
Read our latest article if you are interested in importing products and machines from Turkey.
Trade with African Countries
Read our latest article if you are interested in import and export activities with African countries.
Country at a glance
- Capital city
- Algiers
- Official language
- Arabic
- Population
- 41 million
- GDP
- $170 billion
- GDP per capita
- $4,123
- Human Development Index
- 0.754
- Top 3 import partners
- China, France, Italy
- Top 3 export partners
- Italy, Spain, France
- Top 3 import products
- Cars, Wheat, Packaged Medicaments
- Top 3 export products
- Petroleum Gas, Crude Petroleum, Refined Petroleum
- Trade balance
- -$9.5B in net imports
Source: Istanbul Africa Trade Company, Africa Economic Report (2019). Figures as published, reflecting data to 2017.
Turkey's exports to this market
Source: Istanbul Africa Trade Company, Africa Economic Report. Figures as published.
2008
$1,511 million
Top 10 products account for 51.1% of the total.
| Product | Share of total |
|---|---|
| Cars | 11.9% |
| Other Large Iron Pipes | 8.9% |
| Other Small Iron Pipes | 8.8% |
| Iron Structures | 4.4% |
| Rolled Tobacco | 3.9% |
| Raw Iron Bars | 3.4% |
| Iron Blocks | 3.4% |
| Refrigerators | 2.5% |
| Iron Pipes | 2% |
| Packaged Medicaments | 1.9% |
2017
$1,932 million
Top 10 products account for 26.8% of the total.
| Product | Share of total |
|---|---|
| Iron Structures | 6.8% |
| Iron Stovetops | 3.6% |
| Semi-Finished Iron | 3.1% |
| Cars | 2.4% |
| Mill Machinery | 2.4% |
| Other Furniture | 1.8% |
| Plastic Pipes | 1.8% |
| Vehicle Parts | 1.7% |
| Refrigerators | 1.6% |
| Non-Knit Men's Suits | 1.6% |
Frequently asked questions
- Algeria: what does Turkey export there?
- In 2017, Turkey's exports to this market were valued at $1,932 million. The ten largest product groups made up 26.8% of that total, led by Iron Structures; Iron Stovetops; Semi-Finished Iron.
- Algeria: who are its main trading partners?
- The three largest import partners are China, France, Italy. The three largest export partners are Italy, Spain, France.
- Algeria: what does the country import?
- The three largest import products are Cars; Wheat; Packaged Medicaments. The three largest export products are Petroleum Gas; Crude Petroleum; Refined Petroleum.
- Algeria: how big is the economy?
- Population 41 million, GDP $170 billion, and $4,123 per person. The Human Development Index is 0.754.
- Algeria: does it run a trade surplus or a deficit?
- The trade balance is -$9.5B in net imports.
Related reading
Turkey Algeria Import and Export Process
Turkey Algeria trade is vibrant, reflecting both countries' rich histories and economic aspirations.
Top African Importers of Turkish Goods
At Istanbul Africa Trade Company, we recognize the burgeoning potential of cross-continental trade, particularly between Turkey and Africa.
Best Ports for Turkish Trade
In the ever-evolving landscape of international trade, identifying strategic ports can significantly influence the efficiency and success of...
- How to Export Textiles from Turkey
- Top African Export Products
- Top African Markets for Turkish Exports
- Top Turkish Goods in African Markets
- Construction Sector in Africa
- Top 25 Largest and Fastest Growing Cities in Africa
- Top 25 Largest Ports in Africa
- Trade Blocs and Free Trade Areas in Africa
- Trade with African Countries
Other country profiles
Reviewed by Burak Unal, Director of African Markets