Jordan’s National Exports to Asia Grow by 15.4%

Jordan’s National Exports to Asia Grow by 15.4%
Jordan’s National Exports to Asia Grow by 15.4%
Jordan’s exports to non-Arab Asian countries rose by 15.4% during the first seven months of this year, reaching 1.077 billion dinars, compared to 933 million dinars for the same period last year.اضافة اعلان

Conversely, the Kingdom’s imports from Asian countries slightly declined by 0.5% by the end of July, totaling 4.073 billion dinars, compared to 4.095 billion dinars during the same period last year.

Fathi Al-Jaghbeer, President of the Jordan and Amman Chambers of Industry, told the Jordan News Agency (Petra) that this growth reflects a qualitative improvement in export performance and a clear indication of the increasing competitiveness of Jordanian products in global markets.

He noted that the increase is not merely a geographic expansion of Jordanian exports, but a strategic success in accessing markets with high demand and complex technical and commercial requirements, such as India, China, Malaysia, and Bangladesh.

Al-Jaghbeer highlighted that India played the leading role in this growth, accounting for 58% of Jordan’s exports to non-Arab Asian markets, with a value of around 630 million dinars and a growth rate of 24% compared to the same period last year. Exports to other countries, including China, also rose, reflecting a trend toward major industrial markets with diverse demand and high absorption capacity.

He indicated that chemical products, phosphates, potash, and fertilizers formed the backbone of this growth, as they are strategic products that meet the needs of Asian countries with extensive agricultural and industrial activity and are used in food, manufacturing, and chemical industries, alongside raw materials for heavy industries.

Al-Jaghbeer emphasized that this growth demonstrates the development of Jordan’s industrial base and its ability to penetrate markets with high standards and strong competitiveness.

He pointed out that Jordanian industrial exports have great potential to further increase their performance in Asian markets if provided with adequate support. However, rising production and shipping costs still weaken the competitiveness of Jordanian products despite their high quality, while limited external promotion and weak export capacity-building programs for small enterprises restrict the exploitation of available opportunities.

Al-Jaghbeer stressed that the coming phase requires expanding trade agreements and customs understandings with East and Central Asian countries, facilitating better market access for Jordanian products. He also highlighted the importance of organizing specialized industrial missions and exhibitions targeting promising Asian markets, which play a direct role in introducing potential importers and partners to Jordanian manufacturing capabilities and building sustainable commercial and investment partnerships.

He added that enhancing trade and diplomatic promotion through Jordanian trade attachés and embassies in Asian countries, strengthening communication channels with economic authorities and importers, and improving the capabilities of industrial companies to meet international standards are essential to reach new importers and expand sustainable trade.

Finally, Al-Jaghbeer emphasized the importance of improving shipping and logistics systems by providing direct sea and land shipping routes linking Jordan with Asian ports and commercial centers, reducing logistics costs, and ensuring more efficient delivery of Jordanian exports to these markets. –(Petra)