Jordan’s oil bill recorded a 6.4% decrease in the first quarter of 2025, according to foreign trade data released by the Department of Statistics.
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The report highlighted a drop in the value of the Kingdom’s imports of crude oil, its derivatives, and mineral oils, which amounted to 770 million Jordanian dinars, down from 821 million dinars during the same period in 2024.
Additionally, the Department of Statistics reported a significant increase in both national exports (up by 11.7%) and re-exports (up by 10.4%), leading to an overall 11.6% growth in total exports compared to Q1 2024.
However, the monthly foreign trade report also noted that this export growth was accompanied by a 6.6% increase in imports, which led to a 2.2% rise in the trade deficit during the first quarter of 2025 compared to the same period last year.
The total export value during this period reached 2.306 billion Jordanian dinars, comprising 2.093 billion in national exports and 213 million in re-exports, while imports totaled 4.679 billion dinars.
As a result, the trade deficit—the difference between total exports and imports—widened to 2.373 billion dinars in Q1 2025, up from 2.323 billion dinars in Q1 2024.
