Merchandise Trade Balance in Algeria
The merchandise trade balance in Algeria averaged USD -4.9 billion in the decade to 2021. The 2021 reading was USD 1.1 billion. For more trade information, visit our dedicated page.
Algeria Trade Chart
Note: This chart displays Trade Balance (USD billion) for Algeria from 2014 to 2023.
Source: Macrobond.
Algeria Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -11.7 | -15.5 | -1.0 | 24.2 | 12.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Algerian trade projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Algerian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Algerian trade projections.
Want to get access to the full dataset of Algerian trade forecasts? Send an email to info@focus-economics.com.