Indonesia's Trade Balance with Algeria Shows a US$28.67 Million Deficit

Indonesia's trade balance with Algeria recorded a deficit of US$28.67 million in 2020. This trade deficit decreased by 72.2% compared to the previous year's deficit of US$ -0.1 billion.

According to Trademap data, the improvement in the trade balance was supported by Indonesia's export value, which reached US$154.3 million. However, Indonesia's imports from Algeria in 2020 were higher than exports, reaching US$182.96 million.

Indonesia's exports to Algeria have been declining over the past year. The previous year's export value was US$156.14 million.

Imports, according to Trademap data, decreased by 29.42% compared to the previous year's figure of US$259.24 million.

Based on product type, 10 main export products from Indonesia to Algeria recorded a surplus in 2020. The total value of these main exports reached US$143.8 million.

Top 10 Indonesian Export Products to Algeria

1. (HS 15): Vegetable fats and oils and their cleavage products; edible fats; animal or vegetable fats and oils and their fractions, whether or not refined, but not chemically modified.


2. (HS 09): Coffee, tea, maté and spices


3. (HS 84): Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof


4. (HS 55): Man-made staple fibres


5. (HS 85): Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles


6. (HS 44): Wood and articles of wood; wood charcoal


7. (HS 16): Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates


8. (HS 34): Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, "putties" and other mastics


9. (HS 62): Articles of apparel and clothing accessories, knitted or crocheted


10. (HS 52): Cotton

Globally, the trade balance for all goods improved due to an increase in several product categories. Indonesia's total trade balance was recorded at US$21.68 billion, a 703.56% increase. In other words, Indonesia recorded a trade surplus. The previous year's trade balance with all countries worldwide was recorded at US$ -3.59 billion.