As the world economy pivots towards sustainability and self-reliance, Algeria finds itself at a pivotal crossroads. The North African nation, historically reliant on oil and gas exports, must now set its sights on a bolder, more resilient path: reaching $30 billion in exports outside the hydrocarbon sector within the next five years.
This target is not only ambitious—it is essential. Global energy markets are volatile, influenced by geopolitical tensions, shifting demand, and the rise of alternative energy sources. Algeria can no longer afford to place its economic destiny in the hands of fluctuating oil prices and unpredictable gas contracts. The era of over-dependence must end.
A New Vision for Industry and Self-Sufficiency
The path forward begins with self-sufficiency. Algeria must first secure its own foundations before looking outward. The immediate priorities are clear: food security, agricultural development, pharmaceutical production, domestic manufacturing of clothing and vehicles, and robust building materials.
Food and medicine are non-negotiable in any future-ready nation. Algeria’s fertile lands and growing agro-industry present enormous potential. By modernising farming techniques, supporting farmers, and developing local pharmaceutical capabilities, the country can reduce imports while ensuring the health and well-being of its citizens.
At the same time, the manufacturing sector must be revitalised. From textiles to automobiles, Algeria can and should meet its own domestic needs while gradually building capacity for export. In housing and infrastructure, local production of cement, steel, and construction materials must be prioritised to support national development.
Export Potential: Steel, Lithium, and Electric Batteries
Looking outward, Algeria’s industrial potential is significant. The country holds abundant mineral resources, including lithium—a critical component in the global energy transition. By investing in the mining and refining of lithium, as well as the production of electric batteries, Algeria could position itself as a key supplier in the fast-growing global market for green technologies.
Steel production, too, offers strong potential. With regional demand rising and European markets seeking new partners, Algeria can become a competitive supplier of high-quality steel and other raw materials, particularly as transport links and trade agreements evolve.
But these ambitions require strategic vision and government support. Infrastructure investment, policy incentives for manufacturers, export financing, and trade diplomacy will all be necessary to build new supply chains and access global markets.
The Clock is Ticking
The next five years will define Algeria’s economic future. Achieving $30 billion in non-oil exports is not just about reaching a number—it is about independence, resilience, and national pride. It is about preparing for a world where hydrocarbons no longer hold the power they once did.
Algeria has the resources. It has the talent. What it now needs is unity of purpose, a clear industrial roadmap, and the courage to leap forward. The global market is shifting. Algeria must shift with it—before it is left behind