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Imports Of Auto Bodies For CKD Vehicles Reaches $ 2.30 Billion In 9 Months

Echoroukonline
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Imports Of Auto Bodies For CKD Vehicles Reaches $ 2.30 Billion In 9 Months

Algeria imported $ 2.30 billion in chassis packages that are destined for auto-installation factories “CKD” during the first nine months of 2019, compared to $ 3.53 billion during the same period in 2018, registering for the first time a decrease of $ 228.05 million (-9%).

The decline in “CKD” groups is due to the decrease in imports of groups that are destined to install tourist cars, despite the increase in imported groups that are destined for transporting people and goods.

The value of imports of the CKD parts group that is destined for the installation of light vehicles, which constitute 16.42% of the structure of imports of the basic products of the “Industrial Equipment Products” group reaches $ 1.73 billion during the first nine months of 2019, compared to $ 1.12 billion during the same period in 2018, representing a decline of $ 392.49 million (-18.52%), according to the figures of the Directorate of Studies and Supervision of Customs.

During the period from January to September 2019, the value of imports of “CKD” groups that are destined for utility vehicles, which represent 5.50% of the structure of imports of basic products for the group “Industrial Equipment Products”, amounted to $ 578 million, compared to $ 413.55 million during the same period of 2018, registering an increase of 39.76%.

On the other hand, the value of importing harvesting and agricultural products reached $ 78 million, compared to $ 51.19 million, an increase of 52%.

The value of importing machines for purifying and sifting grains or pulses also decreased to 18.78 million dollars, compared to 62.29 million dollars during the same period in 2018, with a decrease of more than 69%.

The decline also affected the bill for importing tractors, which exceeded $ 177 million, compared to $ 212 million.

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