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Algeria Sets $7 Billion Target for Non-Hydrocarbon Exports by 2026

Algeria Sets $7 Billion Target for Non-Hydrocarbon Exports by 2026

Algerian authorities aim to boost non-hydrocarbon exports to over $7 billion by 2026, following a performance exceeding $5 billion in 2025. This initiative is part of a broader strategy to diversify the country's export basket and expand its global presence, with the number of export destinations increasing from 33 to 57 countries. Ali Bey Naceri, Vice-President of the National Association of Algerian Exporters, noted that this shift represents a significant change in the national export landscape, moving away from a reliance on limited markets and products. The ultimate goal is for non-hydrocarbon goods to account for 50% of Algeria’s total export volume.