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FOREIGN TRADE
The main Exportable commodities of the country are Crude oil and natural gas, manufactures and Condensate.
The main exports partners of the country are US, Italy, France, Spain, Canada and Belgium.
The main Importable commodities of the country are Food, Fuel and energy and capital goods. The main imports partners of the country are France, Italy, Germany, Spain, China, US and Turkey.
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The following Graph represents the Exports and Imports Levels of the country.
CONCLUSION
The country has taken steps to reform one of the most centrally planned economy like Algeria. The country is the fifth largest container of natural gas and second largest exporter of gas in the world. In the year 2001, the country has signed an association agreement with the European Union and has started accession negotiations for entry into the World Trade Organization.
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