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Summary

By far, Algeria's most significant exports today (in terms of financial value) are petroleum and...

Content

By far, Algeria's most significant exports today (in terms of financial value) are petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Other significant exports are sheep, oxen, and horses; animal products, such as wool and skins; wine, cereals (rye, barley, oats), vegetables, fruits (chiefly figs and grapes for the table) and seeds, esparto grass, oils and vegetable extracts (chiefly olive oil), iron ore, zinc, natural phosphates, timber, cork, crin vegetal and tobacco. The import of wool exceeds the export. Sugar, coffee, machinery, metal work of all kinds, clothing and pottery are largely imported. Of these by far the greater part comes from France. The British imports consist chiefly of coal, cotton fabrics and machinery. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain. Algeria currently has only one stock exchange, the Algiers Stock Exchange. The total imports and exports on the eve of the French invasion (in 1830) did not exceed £175,000. By

Created by Freebase Data Team Oct 22, 2006
Last edited by delete_bot Jan 16, 2011

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