The World Trade Organization (WTO) and the United Nations Commission on Trade and development (UNCTAD) released the latest version of the world tariff profiles 2021. Algeria ranked the fourth country with the highest import barriers in the world with an average tariff of 18.9%. Algeria adopts a licensing system for the import of all final products. In addition, many Algerian Importers' chambers of Commerce require 100% letters of credit, but some Algerian banks have breached the letter of credit, or failed to pay, return orders and call back without justified reasons, which has damaged the interests of exporters, including some state-owned banks. On the other hand, the new regulations issued by the local government of Algeria are rarely informed in advance, and are usually implemented immediately, with great variables. Therefore, Chinese exporters must carefully evaluate Algerian buyers. In addition, it is worth noting that the air traders who focus on the African market announced on February 14 that Egyptian importers can only import goods by letter of credit from March, and instructed the bank to stop processing the exporter's collection documents. Even Egyptian customers have requested that the date of the bill of lading be changed to before 2.12, otherwise the shipping company needs to issue supporting documents. In 2021, after the Algerian Ministry of trade launched the clean-up action of business registration, the number of Algerian importers decreased from 46000 to 9000, and 37000 importers disappeared from the Algerian market! According to the latest news, Algeria signed and entered into force the La LOI de finance pour 2022 on December 30, 2021. Traders should pay special attention to that this adjustment shows Algeria's policy orientation of encouraging domestic production and restraining imports. [source: import and export data network]