
Halim Megharbi: "The credibility of a control system relies on its ability to detect fraud"
Analysis of import fraud in Algeria: 130 billion dollars in suspicious requests, detection and compliance challenges
Import/export, trade agreements, customs, and international commerce

Analysis of import fraud in Algeria: 130 billion dollars in suspicious requests, detection and compliance challenges

Dates from 120 to 250 million dollars with a target of 300 million dollars by the end of 2026. Exports to Africa doubled during the first half, achieving 3 billion dollars. Algeria's non-hydrocarbon exports to Africa doubled in one year, after a year of organizing the fourth edition of the African Continental Trade Fair in Algeria, rising from about 1.5 billion dollars during the first half of 2025 to nearly 3 billion dollars during the same period in 2026. At a time when the value of exports by the end of this year is heading towards recording a new record estimated at about 7 billion dollars, driven by rising external demand for Algerian products and the growing surplus of national production available for export.

The Minister of Pharmaceutical Industry, Wassim Gouidri, confirmed that Algeria is working to enhance its national pharmaceutical regulatory system and elevate pharmaceutical industry practices to international standards, aiming to increase the competitiveness of national products and support their entry into foreign markets, especially African ones. Gouidri presided over the opening of a training session dedicated to supporting economic operators active in the pharmaceutical industry in the preliminary qualification process for the World Health Organization, in coordination with experts from the organization, as part of efforts to enable Algerian pharmaceutical products to enter international markets.

Expectations to maintain oil production levels unchanged.

Algeria - The processing of estimated import program files for the second half of 2026 revealed that 3961 economic operators, employing between zero and five workers, submitted import requests totaling 32.130 billion dollars, according to a statement today, Saturday, from the Ministry of Foreign Trade and Export Promotion.

The processing of import program files for the second half of 2026, through the digital platform for importing raw materials and production inputs, revealed significant figures that raise questions about the compatibility of some declared import estimates with the size of the concerned enterprises and the number of declared workers. According to data extracted from the platform, 3961 economic operators, employing between zero and five workers only, submitted import requests totaling 130.32 billion dollars for approval by the ministry's services. View the full content on Echourouk Online.

Algeria - The success of the fourth edition of the African Continental Trade Fair, held in Algeria in September last year under the supervision of the President of the Republic, Mr. Abdelmadjid Tebboune, contributed to enhancing the dynamics of intra-African trade, especially after the value of signed contracts approached nearly 50 billion dollars, according to a statement by an official from the African Export-Import Bank 'Afreximbank'.

Global food prices rose in August to their highest level since late 2022, driven by the impacts of adverse weather and trade disruptions linked to the wars in Ukraine and Iran, raising concerns about supplies of staple crops, according to the Food and Agriculture Organization of the United Nations (FAO). The FAO stated on Friday that its average food price index, which tracks monthly changes in a basket of globally traded food commodities, reached 133.3 points in August, compared to a revised reading of 130.8 points in July. View the full content on Echourouk Online.

The success of the fourth edition of the African Continental Trade Fair held in Algeria in September last year, under the supervision of the President of the Republic, Mr. Abdelmadjid Tebboune, contributed to enhancing the dynamics of intra-African trade, especially after the value of signed contracts approached nearly 50 billion dollars, according to a statement by an official at the African Export-Import Bank 'Afreximbank'.

The Minister of Pharmaceutical Industry, Wassim Guedri, emphasized today, Saturday in Algiers, the importance of Algerian institutions' involvement in the WHO prequalification program for pharmaceutical materials, confirming that it will enhance local capabilities by promoting the presence of national products in international markets.

Oil prices rose at settlement to end the week with strong gains. Brent crude futures recorded an increase of 76 cents, or 0.8%, at settlement, reaching $92.68 per barrel. U.S. West Texas Intermediate futures ended trading up by 0.20%, recording $91.48 per barrel. Over the week, Brent crude rose by 7.6%, while U.S. crude increased by about 10%, as supply routes in the Middle East continued to be affected.

The OPEC+ alliance is set to maintain its oil production policy unchanged for October during its scheduled meeting on Sunday, according to three informed sources quoted by Reuters, as the alliance completes a rollback of part of the production cuts and shifts its focus to next year's production quota negotiations. The meeting comes amid ongoing repercussions of the war in Iran on oil exports through the Strait of Hormuz, and representatives from seven key OPEC+ countries will participate in Sunday’s meeting, namely Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman, which have raised their monthly production quotas throughout most of this year. View the full content on Echourouk Online.