ALGERIA, IMPORT OF PASSENGERS VEHICLES DECREASING
According to the Algerian Customs, the value of imports of passenger vehicles amounted to 1.292 billion dollars in 2016 compared to 2.038 billion dollars in 2015, representing a decrease of 36.61%. The value of imports of vehicles for the transport of persons and goods (classified as capital goods) was instead equal to 782.36 million dollars as compared with $ 1.5 billion in 2015, recording a 48% decrease. As for the parts and accessories for motor vehicles (classified in the category of non-food consumer goods, following the example of passenger vehicles), the value of imports reached 393.96 million US dollars compared to $ 394.86 million in 2015, with a slight decrease of 0.23%. It should be noted that, for the year 2016, the quota for the import of vehicles was set by the Algerian government to 98,374 units in the field of import licenses.
(ITALPRESS/MNA).
Source: medNews