On December 15, 2024, Algerian President Abdelmadjid Tebboune unveiled a Roadmap for the Development of Non-Resource Exports. The strategy aims to reduce Algeria's economic dependence on hydrocarbons, strengthen its position in international markets, and enhance the competitiveness of national products. For Algeria's partners, including Russia, these changes open new opportunities to deepen economic cooperation.
Trade turnover between Russia and Algeria remains imbalanced. In 2023, bilateral trade volume reached $3.7 billion, increasing by 2.2 times, but Russian exports vastly exceeded imports. Russia supplies Algeria with machinery, equipment, vehicles, and metals, while Algerian exports to Russia consist mainly of small volumes of agricultural raw materials. Developing Algeria's non-resource exports could help balance this trade and simultaneously optimize logistical chains between the two countries.
Additionally, increasing imports of Algerian products could become an important stimulus for improving logistics services. This would create new opportunities for integrating transport chains, developing interconnected infrastructure projects, and enhancing the efficiency of freight transportation between Russia and Algeria.
The approved roadmap sets ambitious goals for Algeria. Priorities include removing administrative barriers, improving logistics, and creating favorable conditions for exporters. However, experts note that successfully implementing the program will require significant efforts. The country must carry out extensive reforms in product standardization, streamline procedures, and boost production capacities.
The Russian-Algerian Business Council is ready to support the promotion of Algerian goods in the Russian market and assist Algerian importers. Council Chairman Ahmed Azimov emphasized that Russia's successful experience in developing non-resource exports could benefit Algeria.
"The Russian Export Center has established itself as an effective institution for supporting non-resource exports. Its experience could be extremely valuable for Algeria, especially in areas such as digitizing export services, training in foreign economic activities, and, more broadly, creating methodological approaches to exporter support."
Trade turnover between Russia and Algeria remains imbalanced. In 2023, bilateral trade volume reached $3.7 billion, increasing by 2.2 times, but Russian exports vastly exceeded imports. Russia supplies Algeria with machinery, equipment, vehicles, and metals, while Algerian exports to Russia consist mainly of small volumes of agricultural raw materials. Developing Algeria's non-resource exports could help balance this trade and simultaneously optimize logistical chains between the two countries.
Additionally, increasing imports of Algerian products could become an important stimulus for improving logistics services. This would create new opportunities for integrating transport chains, developing interconnected infrastructure projects, and enhancing the efficiency of freight transportation between Russia and Algeria.
The approved roadmap sets ambitious goals for Algeria. Priorities include removing administrative barriers, improving logistics, and creating favorable conditions for exporters. However, experts note that successfully implementing the program will require significant efforts. The country must carry out extensive reforms in product standardization, streamline procedures, and boost production capacities.
The Russian-Algerian Business Council is ready to support the promotion of Algerian goods in the Russian market and assist Algerian importers. Council Chairman Ahmed Azimov emphasized that Russia's successful experience in developing non-resource exports could benefit Algeria.
"The Russian Export Center has established itself as an effective institution for supporting non-resource exports. Its experience could be extremely valuable for Algeria, especially in areas such as digitizing export services, training in foreign economic activities, and, more broadly, creating methodological approaches to exporter support."
