Countries and regions
An EU-Algeria Association Agreement entered into force in September 2005.
This agreement sets out a framework for the EU-Algeria relationship in all areas including trade.
Algeria is in the process of accession to the WTO , with strong support from the European Union.
- The European Union is Algeria's largest trading partner and absorbs almost half of Algerian international trade.
- EU-Algeria trade volumes increased by 40 % between 2007 and 2011, driven principally by rising oil exports.
- With 98 % of EU imports from Algeria in 2011 being energy, Algeria ranked as EU's third largest energy provider in 2011, at a value of € 26.8 billion. Chemicals represented the second most important product group in EU's imports from the country.
- EU exports to Algeria are dominated by machinery (in particular non- electrical machinery and transport equipment), telecommunication equipment, agricultural products, iron and steel, and chemicals.
EU-Algeria "trade in goods" statistics
|Year||EU imports||EU exports||Balance|
EU and Algeria
- The European Neighbourhood Policy is the framework for financial assistance from the EU to Algeria to support the Algerian economy.
Algeria enjoys trade preferences with the EU under the import regime known as the Generalised Scheme of Preferences.
Algeria in Euromed
Algeria is also among the biggest EU trading partners in the Mediterranean region, and the country is an important member of the Euromed partnership. The Euro-Mediterranean Partnership is an essential component in the pursuit of greater economic integration in the Mediterranean region.
As part of the Euromed process, Algeria and the EU aim to create new trade between the countries of the Southern Mediterranean rim. This region has the lowest level of regional trade of any region globally.
Algeria endorsed the EU's new Pan-Euro-Mediterranean system of 'cumulation of origin' in September 2007. When applied, this system will allow producers to manufacture a product for export to the EU in more than one Euromed country without losing preferential tariff rates on the EU market.
Trading with Algeria
- Rules and requirements for trading with Egypt
- The EU is present on the ground in Algeria
- Trade relations are part of the EU's overall political and economic relations with Algeria
- Sustainable impact assessment of the Euro-Mediterranean Free Trade Area (EMFTA)