Algeria Takes Stock of Challenges of Exporters

June 16, 2025

(3 Minutes Read)

Algerian Minister of Foreign Trade and Export Promotion, Kamel Rezig, chaired a coordination meeting with economic operators exporting to the Libyan market.

The Algerian government has discussed with local banks the challenges facing exporters targeting the Libyan market, as part of its desire to strengthen the presence of its products and services in its eastern neighbour.

Algerian Minister of Foreign Trade and Export Promotion, Kamel Rezig, chaired a coordination meeting with economic operators exporting to the Libyan market. The meeting was attended by the Governor of the Bank of Algeria, the Commissioner General of the Association of Banks and Financial Institutions, as well as several ministry officials and representatives of economic organisations.

According to the Algerian Ministry of Trade, the meeting served as an opportunity to exchange views on the field-level challenges faced by exporters to Libya and to explore ways to facilitate the flow of Algerian goods and services to this “promising” market.

Rezig affirmed his ministry’s commitment to supporting economic operators and removing obstacles, particularly in terms of logistical support, improving the regulatory framework, and securing transactions in cooperation with the financial and banking sector. He also stressed the importance of the Libyan market as a natural extension for Algerian exports and called for the establishment of long-term economic partnerships that go beyond simple trade exchanges.

Trade volume between Libya and Algeria saw a slight increase, with exchanges rising from about USD 31 million in 2018 to approximately USD 59 million in 2020, and around USD 65 million by 2021, of which USD 59 million represented Algerian exports to Libya.