The United States and Algeria have a significant trade relationship, with various products exchanged between the two countries. Let’s explore the top 10 most traded products, their importance, and some key statistics.
1. Petroleum Products
Petroleum products dominate the trade between the USA and Algeria. This category includes both refined and crude petroleum.
Refined Petroleum:
- Algeria exported $1.95 billion worth of refined petroleum to the USA in 2023
- It’s the largest export from Algeria to the USA
- The trade in refined petroleum has been decreasing over the past few years
Crude Petroleum:
- Algeria exported $531 million worth of crude petroleum to the USA in 2023
- It’s the second-largest export from Algeria to the USA
- The trade in crude petroleum has also been declining
2. Aircraft and Spacecraft
The USA is a major exporter of aircraft and related equipment to Algeria.
- The USA exported $189 million worth of planes, helicopters, and spacecraft to Algeria in 2023
- This category includes commercial airplanes, military aircraft, and space technology
- It’s one of the top exports from the USA to Algeria
3. Wheat
Wheat is an important agricultural export from the USA to Algeria.
- The USA exported $138 million worth of wheat to Algeria in 2023
- Algeria is one of the world’s largest importers of wheat
- Cereals, including wheat, are always the top food import for Algeria
4. Soybeans
Soybeans and soybean products are significant exports from the USA to Algeria.
- The USA exported $129 million worth of soybeans to Algeria in 2023
- Soybeans are mainly used in Algeria’s poultry feed industry
- The demand for soybeans has been increasing due to growth in Algeria’s crush capacity
5. Iron and Steel Products
Raw iron bars are a major export from Algeria to the USA.
- Algeria exported $287 million worth of raw iron bars to the USA in 2023
- Iron and steel products contribute significantly to the trade balance between the two countries
6. Fertilizers
Fertilizers are an important export from Algeria to the USA.
- The USA imported $170.93 million worth of fertilizers from Algeria in 2024
- This includes various types of fertilizers used in agriculture
7. Machinery and Equipment
The USA exports various types of machinery and equipment to Algeria.
- Machinery, nuclear reactors, and boilers worth $193.31 million were exported from the USA to Algeria in 2024
- This category includes a wide range of industrial and technological equipment
8. Plastics
Plastic products are another significant export from the USA to Algeria.
- The USA exported $121.90 million worth of plastics to Algeria in 2024
- This includes various types of plastic materials and products
9. Electrical and Electronic Equipment
The USA exports electrical and electronic equipment to Algeria.
- Electrical and electronic equipment worth $67.70 million were exported from the USA to Algeria in 2024
- This category includes a wide range of technological products
10. Tree Nuts
Tree nuts are a growing export from the USA to Algeria.
- The USA is the leading exporter of tree nuts to Algeria
- Tree nuts show an upward trend in exports from the USA to Algeria
- They are considered one of the best prospects for U.S. consumer-oriented products in the Algerian market