Algerian exports hiked up by 32% over the first quarter of 2010

Last estimates revealed that the Algerian imports have registered a 5.82 % decrease over the first quarter of the year 2010 shrinking from $ 20.929 billions in 2009 to $19. 711 billions while the exports jumped by 32.82% passing from $ 19.760 billions to $26. 246.

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• This situation has impacted positively on the Algerian balance sheet which registered a surplus estimated at $ 6.535 billions and boosted the Algerian trade activities overseas over the last quarter in comparison with the same period last year.
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• Trade activities hiked by 6.11% moving from $ 4.45 billions to 7.40 $billions.
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• Most of the imported goods are industrial equipment and machines dedicated to production while others consist in finished products for domestic consumption including medicines, clothes and food stuffs.
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• Estimates reveal that the Algerian authorities essentially imported equipment used in the agriculture and industrial sectors with a cost estimated at $ 7.744 billions. They have imported $ 8.202 billions of the same equipment over the year 2009.
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