Algeria / Export: New import restrictions for 2017 2017-05-07
Banana, lemon, cheese, meat, barley, garlic, wood, soybean meal, concentrated mineral vitamins, poly-phosphate, double tomato concentrate, corn, pasta , vehicles for resale in the same condition, ceramics, reinforcing bars, wire rod.... The list of products subject to drastic import restrictions (quantitative quotas and mandatory import licenses)
Looks like a prévert-style list since early April 2017, date of publication by the Algerian Ministry of Commerce of the lists and the opening of deposits of applications of import licenses for 2017.
The import quotas for certain products were implemented in 2016 as a result of the continuing fall in prices, decline in oil prices, the main source of foreign currency of Algeria, which led to a sharp decline in foreign exchange reserves. Importers had fifteen days between 1 and April 15 to file their application for authorization: More than 1540 applications were received by the Ministry of Commerce, each file to be examined by an inter-ministerial commission.
Economize foreign exchange reserves and stimulate local production.
These measures are designed both to save foreign exchange reserves undermined by the oil price fall and the time to stimulate domestic production. In the case of the automobile, the 2017 quota is 30 000 vehicles, three times less than in 2016 (90,000). But spare parts and assemblies intended for local assembly are exempted: the Algerian authorities hope that 40 000 units will be produced in 2017 (after 30 000 units in 2016) by manufacturers with on-site assembly lines, including Renault, Volkswagen and Hyundai. In agriculture, they hope that local production, estimated at 500 000 tons per year, will be enough to compensate for the ban on imports of apples.
In 2016, Algerian imports of goods recorded a fall of -8.71% compared to 2015 to reach a total of about 42.583 billion euro according to Algerian official statistics listed in the Global Trade Database Atlas (IHS group). Due to the drop in hydrocarbon prices, the value of the country's exports fell by -13.28% to 27.1 billion Euros compared to the 45 billion Euros raised in 2015. With 10.13% market share in Algerian imports, France, the EU's largest supplier, ranks second behind China; But Algerian purchases in France fell by 11.89%.
- The lists of products requiring an import license under quantitative quotas are available on the website of the Algerian Ministry of Commerce. Check Notice n ° 01/2017, 2017 at the following link
In addition, a list of products from the European Union and subject to tariff quotas as part of the EU/Algeria Association Agreement was also published on this website on 4 April. Check Notice n ° 02/2017 at the following link