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%.
An Algerian news website aims at covering all the country’s territory through providing objective and positive image, focusing the most on breaking news.