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Major opportunities in Algeria

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Services for Real Estate Pros with mucha

Algeria may be a difficult market to enter because of the bureaucratic process, but it sure offers interesting investment prospects for U.S. exporters. A plus is the stable political situation. On the other hand, Algeria suffers from slow economic reforms and poor agricultural production. This is a good opportunity for American companies to export agricultural products. U.S. exports 5.5% of the total Algerian imports, which means $91,200,000.00, and its main competitors are France, China, Italy, and Spain. A promising and successful sector for American exporters is the oil and gas one. Exporters are encouraged to focus mostly on material, support service and equipment in the gas production sector. Also, the telecommunications and information sector offers good prospects.

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