Did you know, that in 2022 Algeria became 20th largest exporter of Crude Petroleum in the world?
Yakubu Elisha
In 2022, Algeria exported $16B in Crude Petroleum with the main destination of Crude Petroleum exports to France $2.93B, Spain $2.39B, Netherlands $1.63B, United Kingdom $1.15B, and India $1.13B. In same year, Algeria's main exporting competitors in crude petroleum were Saudi Arabia $236B, Russia $133B, Canada $123B and others.Algeria is a North African country with a Mediterranean coastline and a Saharan desert interior with the capital located in Algiers that gained independence from France in 1962, with a country code of 213. The country is divided into 58 states or provinces, called Wilayates, which are further divided into 1,541 communes or municipalities, called baladiyahs with Population of 44.9 million as of 2022. Algeria borders Libya, Mali, Mauritania, Morocco, Niger, and Tunisia by land and Italy and Spain by sea.In 2022, Algeria was the number 55 economy in the world in terms of GDP, the number 55 in total exports, the number 68 in total imports, the number 118 economy in terms of GDP per capita and the number 92 most complex economy according to the Economic Complexity Index.