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FinancialNews
06-05-19
Algeria drops 1.68 percent in energy profit
(MENAFN) Algeria registered a 1.68 percent decline in its energy profits from January to March 2019 on an annual basis, customs revealed according to its statistics.
Based on this figure, data unveiled, trade deficit in Algeria stood at USD1.37 billion to mark an 11 percent boost.
Meanwhile, Algeria's exports of oil and gas reached USD9.153 billion during the first quarter, a drop compared to USD9.310 billion.
Data further showed that the total value of exports during the first quarter hit USD9.78 billion, compared to last year's USD10.02 billion, while imports posted USD11.15 billion to indicate a 0.83 fall.
MENAFN0605201900450000ID1098480992
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