Coffee accounts for most of the total export value to Algeria

At the consultation session on exporting to the Algerian market organized by the Trade Promotion Department (under Ministry of Industry and Trade), Mr. Hoang Duc Nhuan, said that the Algerian market has a demand to import Vietnam's strong products such as coffee, pepper, cashew nuts, freshwater aquatic products..., these are the products that this country cannot produce.

In 2021, our country's export turnover to this market is only 153 million USD, with the main products being green coffee (56,545 tons, turnover at 99.68 million USD), rice, cashew nuts, confectionery, products from cereals, pepper, cinnamon, pangasius filet, wooden furniture...

In the structure of Vietnam's exports to Algeria, coffee accounts for 65% of the total export value. Algeria is a market with plenty of room for Vietnamese coffee. In the near future, coffee will still be the number one export item to this market.

Following that is rice, every year Algeria imports 100,000 tons of rice, mainly 5% broken rice, parboiled rice, serving Asians living and working in Algeria. Rice is a subsidized commodity, so the import tax is relatively low compared to the common ground, at only 16%.

In addition, spices such as pepper and cinnamon are also in high demand in Algeria along with cashew nuts. Seafood is also in the top 5 export items with the largest turnover of Vietnam to Algeria.

According to Mr. Hoang Duc Nhuan, Algerian consumers accept low price, medium grade products with diverse designs and they do not require high quality. Some Vietnamese products are popular with Algerian consumers and have gained a foothold in this market such as coffee, pangasius, basa, pepper, copra, cashew nuts...