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The trade deficit of Algeria tripled during January 2025, to reach a level of -1765.5 million dinars, against -577.6 MD during the same period of 2024, reveals the National Institute of Statistics (INS).
Excluding energy, the trade balance deficit was reduced to (-687MD), while the energy balance deficit stood at (-1078.4 MD), compared to (-683.6 MD) in January 2024, indicates the INS in a note devoted to foreign trade at current prices for January 2025.
According to the Institute, this deficit comes mainly from the deficit recorded with certain countries, such as China (-971.2 MD), Russia (-647.1 MD), Algeria (-281.6 MD), Turkey (-220.8 MD), Greece (-197.6 MD) and India (-103.6 MD).
On the other hand, the balance of trade in goods recorded a surplus with other countries, mainly France (361.7 MD), Germany (276.6 MD), Italy (268 MD), Libya (180.5 MD) and Morocco (79.4 MD). As for the coverage rate, it stood at a level of (74%) against 89.9% in January 2024.
The results of Tunisia’s trade with the outside world at current prices during January 2025 show that exports reached 5025.8 MD, against 5148.5 MD in January 2024. As for imports, they amounted to 6791.3 MD against 5726.1 MD in January 2024.
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According to the INS, the decline in exports is mainly due to the drop in exports from the energy sector (-52.8%) due to the decrease in our sales of refined products (28.5 MD against 191.5 MD), as well as from the agri-food industry sector (-9.7%) following the drop in our sales of olive oil (518.4 MD against 607.8 MD).