As Ukrainian analysts noted at the time, one of Ukraine's priorities in the development of its relations with the North African countries at the time was extending the spectrum of economic relations: moving from exporting metals, chemicals, and foodstuffs to selling civilian and military aircraft and other high-tech products.

[2] A Ukrainian products' exhibition, Algeria-Ukraine 2002 took place in Algeria the same year,[3] and a tax treaty was signed.

[6][7] According to the news reports, Algerian top officers visiting Ukraine were reported as particularly interested in visiting Ukrainian aerospace companies (such as Antonov and Luch), and the armored vehicles repair plant in Kyiv.

[8] In February 2023, Algeria reopened its embassy in Kyiv after it had been closed due to the 2022 Russian invasion of Ukraine.

For example, it was reported that in 2003 Ukraine sold to Algeria 5 Mikoyan MiG-29 fighters and 16 Mil Mi-24 helicopters, buying back some old Mikoyan-Gurevich MiG-21s.