Algeria’s trade surplus rose to 10.3 billion dollars in 5 months

ALGIERS – Algeria has achieved a trade surplus of 10.39 billion dollars between January and May 2011, against 8.2 billion dollars during the same period in 2010, customs announced Sunday.

Exports totalled 29.46 billion dollars during these five months, against 25.09 billion dollars during the same period of the previous year, up 17.42%, according to preliminary figures from the Customs National Centre of information and statistics (CNIS) cited by the APS.

As for imports, they reached 19.08 billion dollars against 16.89 billion, an increase of 12.90%…read more

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