The President of the European Chamber of Commerce in Jordan, Eng. Mohammad Al-Smadi, affirmed that the remarkable rise in the Kingdom’s exports to European Union countries confirms the growing competitiveness of Jordanian products in global markets.
اضافة اعلان
According to official statistical data, the value of Jordanian exports to EU countries surged by 49.3 percent during the first four months of this year, reaching 218 million dinars, compared to 146 million dinars for the same period last year.
Speaking to the Jordan News Agency (Petra), Al-Smadi noted that this export growth serves as a positive indicator of the success achieved by various productive sectors in expanding their export reach and capitalizing on available opportunities in European markets. He added that it also reflects the collective efforts of both official institutions and the private sector to enhance the presence of Jordanian products across Europe.
He further stated that this growth underscores the quality of Jordanian products and their capacity to meet stringent European standards and specifications, particularly within the industrial, food, pharmaceutical, and chemical sectors—all of which hold promising potential to scale up exports and expand their footprint across the EU.
Al-Smadi pointed out that the European Union is one of the Kingdom’s most vital trade partners and one of the world's largest economic blocs. Consequently, strengthening economic and trade relations with the EU remains a strategic priority that aids in diversifying export destinations and reducing dependence on a limited number of traditional markets.
He emphasized that European markets still hold vast opportunities for Jordanian exports, especially given the positive reputation enjoyed by many national products regarding quality and compliance with the technical and environmental standards approved in EU nations. He indicated that the upcoming phase requires intensifying promotional efforts for Jordanian products in these markets and leveraging the ongoing shifts in global supply chains.
Al-Smadi stressed the importance of bolstering public-private partnerships to support Jordanian exporters. This can be achieved by streamlining trade procedures, developing logistics services, and lowering production and export costs, thereby enabling national companies to boost their competitiveness and expand deeper into European markets. Such steps, he noted, will yield positive outcomes for the national economy, improve the foreign trade balance, and generate more job opportunities for Jordanians.
He highlighted that the European Chamber of Commerce in Jordan continues to build bridges of communication between the Jordanian business community and its European counterparts. This is done by organizing trade missions, bilateral business-to-business (B2B) meetings, and specialized economic events aimed at opening new markets for Jordanian firms and attracting more European investments to the Kingdom.
Al-Smadi concluded that boosting national exports to European markets does not merely increase foreign trade revenues; it also elevates production and employment levels while stimulating both local and foreign investments. He added that the Kingdom possesses numerous competitive advantages that qualify it to achieve further export growth to the EU.
Al-Smadi called for building upon these positive results by designing specialized programs to support exporters, enabling small and medium-sized enterprises (SMEs) to access European markets, and maximizing the benefits of the trade agreements signed between Jordan and the European Union to drive sustainable economic growth in the Kingdom. (Petra)
