Algeria’s exports to the U.S. account for approximately 5.5% of its total exports, which is relatively modest compared to other trading partners. However, Algeria is believed to have significant opportunities to strengthen its position in the U.S. market and leverage President Trump’s new tariff policies. A strategy involving lower customs duties on U.S. imports and requesting the same treatment for Algerian products could create substantial potential for Algeria. In this context, Algeria’s iron and steel exports stand out. These products make up a significant portion of the country’s non-hydrocarbon exports, and thanks to iron ore projects in Ghar Jbeilat, Algeria could enhance its competitiveness in the U.S. market through cost advantages.
Economist Suleiman Nasser highlighted that Algeria’s iron and steel exports are valued at approximately $300 million, noting that the low production costs make these products more attractive in international markets. By capitalizing on its strong position in this sector, Algeria could offset the potential negative effects of the new tariffs. Additionally, the global demand for products like iron, which are crucial in the construction sector, could allow Algeria to gain more market share.
In response to these challenges, former Algerian Exporters Association President Ali Bey Nasseri stressed the need for more support for producers and exporters. He suggested measures such as reducing shipping costs and having the government cover part of these expenses. Strengthening iron and steel exports is seen as a priority for Algeria, as it will diversify the country’s economy and reduce its dependency on hydrocarbons. This would position Algeria to be more competitive and gain a stronger foothold in the global market.
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