ALGIERS,– Algeria’s import bill for cereals — wheat, maize and barley — in the first four months of 2016 plunged more than 28 per cent compared with the same period last year because of lower grain prices although the volume of imports dropped only slightly.

The cereals import bill dropped to 940.89 million US dollars in the four months compared with 1.31 billion USD during the same period last year, the Algerian Customs service said Tuesday.

The National Centre of Statistics and Data Processing (CNIS) of the Algerian Customs said the import bill of wheat dropped to 660.58 million USD from 871.76 million USD previously (down 24.23 pct), for 2.83 million tons (2015: 2.8 million tons).

Imports of maize fell to 221.14 million USD from 346.94 million USD (- 35.26 pct) with an imported volume of 1.23 million tons against 1.67 million tons.

As for barley, imports amounted to 59.17 million USD against nearly 90 million USD in the same period of 2015 (- 34.23 pct), while the quantity dropped to 324.520 tons from 370.581 tons.


Source: Name News Network

Related Post
Tunisian security forces have killed two suspected extremists during an operation in a mountainous area
WHO recommendation for game-changing mosquito net. First bed net to contain non-pyrethroid chemistry. Collaboration with
A series of military victories over extremist Islamic groups along Libya's Mediterranean coastline has forced