Algeria recorded a trade surplus of US$14.83 billion during the first 11 months of 2010 against US$4.86 billion for the same period last year, the Arabic finance and investment portal www.nuqudy.com [1] has reported. The Algerian Centre for Information and Statistics Directorate attributed this increase to higher fuel revenues due to the high price of a an oil barrel and also to the slight decrease in imports of non-food consumer materials.
The Centre said that the Algerian exports rose by 26.78 percent during the period from January to November and amounted to US$51.27 billion against US$40.44 billion during the same period last year. Meanwhile, imports grew by 1.89 percent to US$36.43 billion against US$ 35.76 dollars last year.
Links:
[1] http://www.nuqudy.com
[2] http://www.albawaba.com