Jewelry and pharma exports soar, overall exports dip 1.6% in 2023

jewelry store stores gold
(File photo: Jordan News)
AMMAN – Foreign trade data released by the Department of Statistics on Saturday showed an increase in Jordan's exports of jewelry and pharmaceutical preparations to the end of November 2023.اضافة اعلان

Jordan's exports of jewelry and pharmaceutical preparations increased by 72.1 percent, 23.3 percent, and 11.3 percent, respectively, to the end of November 2023, Al-Mamlaka TV reported.

The value of national exports of jewelry and pharmaceutical preparations reached about JD754 million by the end of November 2023, compared to JD438 million in the same period of 2022, while the value of exports of pharmaceutical preparations reached about JD465 million, compared to JD377 million in the same period of 2022, and the value of other materials reached JD3.058 billion, compared to JD2.747 billion in the same period of 2022.

In contrast, national export rates for clothes and accessories fell by 12.6 percent to the end of November 2023, fertilizers by 12.3 percent, crude potash by 36.6 percent, and phosphate by 23.6 percent.

According to statistics, the Kingdom's apparel and accessory exports will be worth approximately JD1.246 billion by the end of November 2023, up from JD1.426 billion in the same time in 2022. Fertilizer exports totaled approximately JD911 million, compared to JD1.039 billion during the same time in 2022.

The value of the Kingdom's crude potash exports reached around JD616 million by the end of November 2023, compared to JD972 million in the same period in 2022, and the value of phosphate exports reached about JD556 million, compared to JD728 million in the same period in 2022.

The official data showed a 1.6 percent decline in the overall value of national exports till the end of November 2023, reaching JD7.606 billion, compared to JD7.727 billion for the same period in 2022.


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