Algeria Jan-Nov trade surplus up on higher energy earnings

ALGIERS (Reuters) – Higher world oil prices pushed Algeria’s trade surplus up to $14.80 billion in the first 11 months of 2010 from $4.70 billion in the same period last year, official figures showed on Saturday.

Exports were up 26.8 percent to $51.27 billion from $40.44 billion in January-November 2009, while imports were up 1.9 percent to $36.43 billion versus $35.76 billion in the first 11 months of last year, the official APS news agency reported, citing customs data…read more

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