Country trade data

• Intended for exporters of goods and services, with business contracts or repeat sales abroad with or without terms of credit
• Before dealing with a foreign buyer, the insured makes a request for prior approval on the basis of a printout called “Export Approval Application"
• A complementary insurance for risk of fabrication and business interruption is available
• Unpaid amounts must be reported within 60 days
• Payment of insured claims
• Commercial risk, 2 months for amounts lower than DZD 300,000, 5 months for higher amounts
• Political risk, 5 months
• In all cases, insurance will be honored within 6 months

• The individual policy covers one-off export transactions for goods and services, with or without a credit period
• During the negotiation of the commercial contract, the company must file a guarantee request indicating, in addition to the country of destination, the details of the buyer concerned, the duration of the possible credit, the method of payment, and the amount of overdraft requested
• Payment of insurance claims will be honored within 6 months

• Risk premium depends on:
• Amount insured
• Credit quality of the buyer
• Duration of credit
• Credit quality of the buyer's country

• 1: CAGEX saw a nearly 47% increase in insured exports in 2022. In 2021, the increase was of 13%