Trade exchanges between Algeria and Germany are projected to reach approximately 3 billion dollars in 2025, a significant increase from 1.74 billion dollars in 2024. This forecast follows the recent Algerian-German Economic Forum, held during President Abdelmadjid Tebboune's official visit to the Federal Republic of Germany. Minister of Foreign Trade and Export Promotion, Professor Kamal Rezig, stated that the forum marks "a new strategic milestone in the path of bilateral relations." He added that it "reflects the common political will to elevate economic cooperation to the level of a strategic partnership based on investment, technology transfer, and the establishment of mutually beneficial production projects."
Economic Forum Notes Bilateral Ties
The Minister of Foreign Trade and Export Promotion, Professor Kamal Rezig, delivered a speech during the opening of the Algerian-German Economic Forum. Professor Rezig stated that the forum represents "a new strategic milestone in the path of bilateral relations." He added that it "reflects the common political will to elevate economic cooperation to the level of a strategic partnership based on investment, technology transfer, and the establishment of mutually beneficial production projects." Mr. Rezig emphasized that "The Algerian-German relations are witnessing a new dynamic thanks to the directives of the leaders of the two countries, which allows for optimal exploitation of the economic potentials that both parties possess, and their transformation into tangible projects that support joint economic development."
Trade Volume Surges Significantly
The volume of trade exchanges between Algeria and Germany reached approximately 3 billion dollars during 2025. This figure represents a significant increase in bilateral economic activity between the two nations. The growth notes strengthening commercial ties, driven by various sectors. Economic analysts note the upward trajectory in trade is consistent with recent diplomatic and business engagements between Algeria and Germany. Both countries have expressed intentions to deepen their economic partnership, focusing on areas such as investment and technology transfer. The reported trade volume indicates a positive response to these initiatives, suggesting concrete progress in achieving their stated goals for expanded cooperation.
Germany's Role in Algerian Trade
Germany holds a significant position within Algeria's international trade network. The European nation currently ranks ninth among all of Algeria's trading partners. Germany is an important source of goods for Algeria, securing the fourth position among its top suppliers. Conversely, Algeria serves as a market for German products, with Germany being the sixteenth largest customer for Algerian exports. This multi-faceted role shows Germany's established presence across various aspects of Algeria's commercial engagements, reflecting its importance both as a source of imports and a destination for exports within the broader economic relationship between the two countries.
Expanding Future Cooperation
Algeria aims to broaden its collaboration with Germany, seeking to include promising sectors for future development. These areas of cooperation encompass renewable energies, mechanical industries, and smart agriculture. Further expansion is targeted in technology, various branches of industry, and the production of spare parts. The North African nation also seeks German involvement in textiles, tourism, traditional agriculture, and maritime fishing. Additionally, Algeria is looking to enhance cooperation in startups and the construction and public works sectors, signaling a full approach to strengthening economic ties across a diverse range of industries.
