Trade deficit down over 83% in Q1 2018

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Algeria’s trade deficit reached USD490 million in the first quarter of 2018 against USD2.98 billion in the same period in 2017, down by 83.6%, the Algerian Customs told APS on Sunday.

Exports reached US $ 10.716 billion (US $ bn) from January to March of the current year against US $ 8.938 bn, an increase of 20%, corresponding to an increase of US $ 1.78 bn between the two comparison periods, says the National Center for Informatics and Statistics of Customs (CNIS).

N.Houda Chabane

Source:APS

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