Imports: Increase in food import bill, decrease in fuel imports

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Algeria’s trade deficit amounted to $4.11 billion over the first ten months of 2018, against a deficit of $9.95 billion in the same period of 2017, down by $5.83 billion, or 58.65%, the Algerian Customs told APS.

Imports’ bill for energy products and lubricants (including fuels) has significantly reduced to $879 million in the first ten months of 2018 against $1.611 billion in the same period of 2017, down $732 million (-45.44%), added the Customs.

The imports of agricultural and industrial equipment goods as well as semi-finished products also experienced a downward trend.

Thus, the bill of the agricultural equipment goods import stood at $470 million against $511 million (-8.02%).

The industrial equipment goods were imported for US $ 11.05 billion against US $ 11.75 billion (-6%).

The imports of semi-finished products fell to $8.986 billion against $9.089 billion (-1.13%).

However, the imports of food products, gross products and non-food consumer goods increased. The bill of food products stood at $7.252 billion against $7.122 billion (+1.83%). The imports of gross products hit $1.59 billion against $1.22 million (+29.88%).

The non-food consumer goods were imported for $8.01 billion against $7.06 billion (+13.40%).

 

APS

 

 

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