A study warns of a threat to thousands of French companies due to the decline in trade exchange with Algeria

These companies were exporting their products to the Algerian market.

The study warned that about 5,000 other French companies are threatened with a similar fate, given that a third of these companies generate more than 25% of their revenues from their sales in the Algerian market.

The study recorded several indicators of this economic decline, including the withdrawal of the international company “Michelin” from the Algerian market, and the “Renault” factory in the city of Oran has stopped working since 2020, in addition to a decline in French wheat exports to Algeria by approximately 90%.

In a related context, negotiations with the French company CMA CGM to manage the port of Oran are still stalled, without tangible results so far.

The study indicated that the volume of French investments in Algeria does not exceed 2.8 billion euros, mostly concentrated in non-productive service sectors, compared to investments in competing countries such as Türkiye, which amounted to about 4 billion euros.