AMMAN — During the first half of 2023,
Jordan's industrial exports recorded a growth of nearly 2 percent, reaching JD4
billion, compared to JD3.9 billion for the same period last year.
اضافة اعلان
Head of the
Jordan Chamber of Industry
(JCI), Fathi Jaghbir, said industrial exports achieved growth by more than 72
percent during the past three years, Jordan News Agency, Petra reported.
Meanwhile, he noted coverage of the
Kingdom’s exports to imports in H1 2023 reached 50 percent for the first time
in two decades.
New progress
Jaghbir stated that the growth in
industrial exports was due to the industry’s expansion into multiple global markets, such
as, Saudi Arabia, Spain, and Canada, and its access to many new,
non-traditional markets, primarily Finland, Bulgaria, Nepal, and Bosnia and
Herzegovina.
He noted exports of multiple
industrial products recorded growth that reflects "positive" performance of many
industrial activities and the development of their capabilities and the quality
of these products. First among these was the jewelry sector, which grew by 91
percent, various
chemical products by 18.6 percent, and other national
industries.
Industrial success
The industrial sector, whose exports in the
first half of 2023 constituted 96 percent of total
national exports, is viewed
one of the Kingdom's largest productive sectors.
This sector, he said, has production
capacities amounting to JD18 billion annually, creating an added value
amounting to approximately 46 percent of the total volume of production.
Jaghbir added that this sector also had the
largest weight in the gross domestic product at a rate of 21.2 percent in Q1
2023, thus achieving a growth rate of 3.3 percent, compared to the same period
last year.
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