Import/export, trade agreements, customs, and international commerce
Europe's imports of naphtha saw an increase in July 2026, supported by Algeria, with total imports for the continent rising by 39.2% month-on-month compared to June, equivalent to 490,000 tons. Algeria topped the list of naphtha (Naphtha) exporters, which is a light liquid intermediate petroleum product obtained during the crude oil refining process, and is considered a key raw material …
It is a unique opportunity to enhance the presence of micro-enterprises in African markets.
The decree finds its legal basis in Article 135 of Law No. 25-17 of December 14, 2025, concerning the finance law for 2026. This provision had paved the way for facilitated importation of vehicles under tariff position 87.02, the customs category grouping motor vehicles designed for the transport of ten persons or more, including the driver, which means the majority of the fleet of minibuses, midibuses, and coaches used by urban and intercity public transport operators in Algeria. The text sets a clear quantitative ceiling: ten thousand (10,000)...
The government has defined the procedures for customs clearance of vehicles designated for the transport of ten passengers or more, including the driver, imported in final condition or unassembled, within a limit of 10,000 units, exempting them from all rights and fees, according to a joint ministerial decision issued in application of the provisions of the 2026 finance law. The procedure includes vehicles classified under tariff item number 87.02, whether they are fully imported and ready for use or unassembled vehicles, and it extends, for the latter, to the parts and components that make up the kit when imported separately. View the full content on الشروق أونلاين.
Oil prices recorded a slight increase during morning trading today, Friday, in the international London market, amid prevailing geopolitical uncertainty in the Middle East region. Just before noon, the prices of Brent crude, for October delivery, rose by 0.34 percent to reach $82.21 per barrel. The prices of futures contracts for West Texas Intermediate crude, for September delivery, also increased by 0.17 …
The US dollar is on track to record weekly gains against major currencies during Friday's trading, supported by increasing doubts about the chances of reaching a peace agreement with Iran, which has boosted demand for the US currency as a safe haven in times of uncertainty. The dollar also received additional support from rising US Treasury yields, following a report published by the Financial Times.
Chinese exports continued to provide a strong boost to the world's second-largest economy, recording growth in July that exceeded market expectations, benefiting from the increasing global demand for AI infrastructure, alongside companies racing to ship their products before the new U.S. tariffs come into effect. Data from the General Administration of Customs of China showed that exports, measured in dollars, rose by 23.9% year-on-year in July, surpassing analysts' expectations of 22.2%, despite slowing compared to a growth of 27% in June. In contrast, imports rose by 27.5%, down from 36% in the previous month, coming in almost in line with estimates...
Gold prices rose in trading on Friday, on track to achieve the largest weekly gains since January 2026, supported by a decline in oil prices. December gold futures rose by 1.02% to $4343.20 per ounce. Spot gold prices increased by 1.18% to $4289.62 per ounce, after reaching their highest level in seven weeks on Thursday, with prices rising by...
Oil prices rose by more than three dollars per barrel at settlement on Thursday. Brent crude futures closed up $3.04, or 3.83 percent, at $82.49 per barrel. West Texas Intermediate crude futures closed up $2.07, or 2.75 percent, at $77.29.
Algeria - The Ministry of Foreign Trade and Export Promotion announced today, Thursday, in a statement, the granting of additional deadlines to operators active in the resale import sector to complete banking localization procedures and to fulfill various procedures related to import operations.
Extension of the bank settlement period for resale importers to 90 days
Oil prices varied at settlement on Wednesday, with Brent crude rising slightly and American crude falling. Brent crude futures rose by nine cents or 0.11 percent to $79.45 per barrel at settlement. West Texas Intermediate crude futures fell by 55 cents or 0.73 percent to $75.22 per barrel.