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Non-hydrocarbon exports: unprecedented leap forward as economy diversifies

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It should be noted that in the first eleven months of 2022, non-hydrocarbon exports exceeded 10% of total exports, setting a historic precedent for Algeria, which has managed to export its products to all regions of the world.

Fertilizers top the exports at US$1.7 billion, followed by iron and steel at over US$500 million, followed by cement at nearly US$400 million, and detergents at over US$48 million, up from US$1 million in 2021.

In addition, in high demand on world markets, Algerian dates were exported at nearly USD 80 million in 2021.

According to expert Ishak Kharchi, "thanks to political will, Algeria can reach the target of US$13 billion in non-hydrocarbon exports".

However, to achieve this objective, certain conditions must be met, including increasing the growth rate to over 4.5%, increasing productivity, strengthening transport and logistics services in an economic way and promoting the national product through exhibitions, explained the expert.

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Non-hydrocarbon exports: unprecedented leap forward as economy diversifies

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