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Analysis by Region - Africa - Algeria

Publisher Oxford Economics
Published Apr 22, 2025
Length 6 Pages
SKU # OFE20029148

Description

Global volatility and uncertainty have heightened, and oil producers will likely be worse off. International capital and commodity markets were shaken when US President Donald Trump announced extremely severe reciprocal tariffs on April 2. Algerian companies were poised to pay a 30% tariff on goods sent to the US. However, a week later, on April 9, Mr Trump paused tariffs above 10% on all countries except China. Thus, Algeria is now exposed to the blanket 10% tariffs on exports to the US. On the upside, energy products are exempt from tariffs, so it is safe to assume that over 90% of goods sent from Algeria to the US will be exempt.

Table of Contents

6 Pages
Algeria: Indirect impact from global trade war to hurt economy
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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