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Algeria says China remains top supplier

Xinhua, July 21, 2016 Adjust font size:

China remains Algeria's top supplier in the first half of 2016 with 4.17 billion U.S. dollars, the National Center for Data Processing and Statistics (CNIS) said on Wednesday in a report.

Assuring about 17.7 percent of Algeria's overall imports in the first six months, China has been the largest supplier of Algeria for the last three years and a half, said the CNIS.

The two countries have launched cooperation in large projects in Algeria, particularly in the public sector and hydrocarbons.

Some 790 Chinese companies are operating businesses in Algeria in the fields of construction, energy and trade.

The report showed France ranked the second by realizing 11.4 percent of Algeria's total imports in the January-June period this year, followed by Italy, Spain and Germany.

Meanwhile, Italy became Algeria's largest trading partner, involving about 2.6 billion dollars, equal to 20.1 percent of Algeria's total export value in the first half of 2016. Endit