AlgeriaLive

Dizzying increase in imports of CKD kits


Algeria- The import of CKD kits has increased 86% in the first quarter of 2018 compared to last year, we learn from the official agency citing customs sources.

The import bill for CKD kits for the passenger car assembly industry was nearly $ 1.32 billion in the first half of 2018, compared to $ 706.3 million in the same period 2017 period, up $ 612 million (+86.73%).

As a reminder, over the whole of 2017, the total import bill for Finished Passenger Vehicles and CKD collections intended for the assembly industry for this type of vehicle was nearly 1.62 billion (compared to $ 1.35 billion in 2016). With regard to the imports of Vehicles for the Transport of Persons and Goods and the CKD collections of this category of vehicles, they amounted to 512.6 million dollars in 2017 (against 767.7 million dollars in 2016). This resulted in a total bill of $ 2.13 billion in 2017 ($ 2.12 billion in 2016).

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