AMMAN — The
Department of Statistics (DoS)
reported that Jordan's total exports for 2023 amounted to JD8.939 billion,
comprising JD8.272 billion in national exports and JD667 million in re-exports,
Al-Mamlaka TV reported.
اضافة اعلان
The report, addressing foreign trade, revealed
that the value of imports amounted to JD18.259 billion during the same period.
Therefore, the trade deficit, representing the difference between the total
value of exports and imports, reached JD9.320 billion in 2023, compared to
JD10.354 billion in the corresponding period of 2022.
Total exports decreased by 1.5 percent in 2023
compared to the same period in 2022, with
national exports and re-exports
decreasing by 1.1 percent and 5.8 percent, respectively. Imports, however,
decreased at a faster pace of 6.0 percent. Consequently, the trade deficit
decreased by 10.0 percent in 2023 compared to the same period in 2022.
Regarding the coverage of total exports to
imports, the report indicated an increase to 49 percent in 2023 from 47 percent
in 2022, with a further improvement to 55 percent in December 2023 compared to
50 percent in December 2022.
In terms of monthly trade, the value of
total exports in dinars during December 2023 was JD717 million, including national
exports of JD666 million and re-exports of JD51 million. Meanwhile, imports
amounted to JD1.307 billion during December 2023, resulting in a trade deficit
of JD590 million.
Total exports increased by 2.3 percent in
December 2023 compared to December 2022, with national exports increasing by
4.4 percent. However, re-exports decreased by 19.0 percent, and imports
decreased by 7.6 percent, leading to a decrease in the trade deficit by 17.3
percent.
Additionally, the composition of main exports
saw decreases in clothing and its accessories, fertilizers, raw potash, and raw
phosphate, while increases in precious jewelry and pharmaceutical preparations
mitigated the decline in national exports. Regarding imports, decreases were
observed in crude oil and its derivatives, precious jewelry, and grains, while
increases were seen in vehicles and bicycles, mechanical tools, and
electrical tools.
As for the main trading partners, the value of
national exports increased to countries in the
Greater Arab Free Trade Area (GAFTA), including Saudi Arabia, and to countries in the North American Free
Trade Agreement (NAFTA), such as the US. Conversely, national exports decreased
to non-Arab Asian countries, including India, and to
European Union (EU)
countries, including the Netherlands.
Imports increased from countries in NAFTA and
non-Arab Asian countries, including China, while decreases were noted from
countries in GAFTA and EU countries, including Romania.
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