Significant decline ( 47.2% ) in trade deficit in first four months of 2017

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Significant decline ( 47.2% ) in trade deficit in first four months of 2017

Algeria’s trade deficit has witnessed a drop  by  47.2% over the first four months of 2017, compared with the same period of 2016.


Algeria’s trade deficit has amounted to US $ 3.5 billion in the first four months of 2017 compared to a US $ 6.63 billion deficit in  the same period of 2016, a decrease of 47.2%, according to the figures revealed by the official agency, quoting the Customs.


Exports  increased to 11.92 billion usd between January and end of April of the current year against 8.81 billion usd in  the same period of 2016, an increase of 35.3% corresponding to an increase of 3, 11 billion usd, said the Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).


As regards imports, they  dropped  slightly to 15.42 billion usd in January-April 2017, compared with  15.44 billion usd in January-April 2016, a decline of 0.14%.

 

 

 

 

 

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