Algeria : record $8.6B trade surplus with Italy driven by energy exports

On April 30, 2025, Algeria announced a record €8 billion ($8.6B) trade surplus with Italy for 2024. Total trade hit €14 billion, with €9.4B from gas and refined petroleum exports, despite a 23.5% drop year-on-year. Italy remains a top customer, reflecting Algeria’s growing role in Europe’s energy supply.