Belarus, Algeria aim for $500m trade by 2027

Belarusian President Lukashenko announced a joint goal with Algeria to increase bilateral trade to $500 million by the end of 2027.

Belarus, Algeria aim for $500m trade by 2027

Image: eng.belta.by

Belarusian President Alexander Lukashenko has stated that Belarus and Algeria are working to increase their bilateral trade turnover to $500 million by the end of 2027. The announcement was made during Lukashenko's meeting with Algerian Ambassador to Belarus Salah Lebdioui in Minsk on April 9, 2026.

According to the Belarusian state news agency BelTA, Lukashenko emphasized the strong political relations between the two countries and expressed a desire to translate this into deeper economic cooperation. The president noted that current trade levels are below potential and called for enhanced collaboration in industry, agriculture, and science.

The $500 million target represents a significant increase from current figures. While specific recent trade statistics were not detailed in the official report, both nations have historically engaged in trade involving Belarusian machinery, agricultural products, and potash fertilizers.

This economic push occurs as Belarus seeks to diversify its trade partnerships amid ongoing international sanctions. Algeria, a major energy exporter in North Africa, represents a key strategic partner for Minsk in the region.

❓ Frequently Asked Questions

What is the current trade level between Belarus and Algeria?

Specific current figures were not provided in the official announcement, but the $500 million target indicates a planned significant increase from existing trade volumes.

What do Belarus and Algeria typically trade?

Historical trade has included Belarusian exports like machinery, agricultural products, and potash fertilizers, while Algeria is a major exporter of energy resources.

Why is Belarus seeking stronger trade ties with Algeria?

Belarus is working to diversify its economic partnerships and find new markets amid international sanctions imposed following the 2020 election and its support for Russia's war in Ukraine.

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