Jordan's exports to EU countries soar by 72.9% in January 2023

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(Photo: Envato Elements)
AMMAN — In January 2023, the value of Jordan's exports to EU countries grew by an impressive 72.9 percent to reach around JD22 million compared to JD13 million during the same month of the previous year, the Jordan News Agency, Petra, reported. اضافة اعلان

The statistics were released by the Department of Statistics, which also reported a rise in Jordan's imports from EU countries by 13.3 percent, amounting to JD246 million compared to JD217 million in January 2022.

Strong trade volumeAccording to the data, the volume of trade exchange between Jordan and EU countries increased to about JD268 million in January 2023, a rise from JD230 million in January 2022. These figures highlight the strong economic ties between the Kingdom and the EU.

However, the data also showed that Jordan's trade balance deficit with the EU countries stood at JD224 million in January 2023 compared to JD204 million during the same month in the previous year.

This indicates that Jordan imported more goods from the EU than it exported during the period.

Italy and Germany top the listThe Department of Statistics report also revealed that Italy topped the list of European countries in terms of Jordanian exports to the EU countries in January 2023, with JD6 million worth of exports.

Meanwhile, Germany topped the list of countries from which Jordan imports, with about JD58 million worth of imports.

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