ACI exports up 53% in first 10 months of 2022

(File photo: Jordan News)
AMMAN — Exports of factories and businesses registered with the Amman Chamber of Industry (ACI) jumped by 53 percent, to JD6.261 billion, in the first 10 months of 2022, compared with JD4.096 billion in the same period of 2021, according to the Jordan News Agency, Petra.اضافة اعلان

The ACI released a report on Tuesday showing that most industrial sectors saw an increase in exports in the January–October period, ranging between 3 percent in the construction sector and 105 percent in the higher growth mining industries.

This rise points to the fact that ACI exports will reach an unprecedented figure by the end of the year, and to the ability of the Jordanian industry to overcome difficulties and face competition in the export markets.

Jordanian industrial products — some 1,400 commodities — are exported to more than 142 countries; India, the US, Saudi Arabia and Iraq accounted for more than half of the chamber’s exports during the first 10 months of the current year, at a value of JD3.296 billion.

According to statistics, the chamber’s exports to India rose during the first 10 months of 2022 to JD1.299 billion, compared with JD727 million in the same period last year, a 79 percent hike.

The chamber’s exports to the US dropped by 1 percent in the January–October period, to reach JD824 million, compared with JD829 million for the same period in 2021.

The chamber’s data also shows that its exports to Saudi Arabia increased by 32 percent during the said period of this year, reaching JD627 million, compared with JD473 million in the corresponding period of 2021.

The chamber’s exports to Iraq also rose during the specified period to about JD546 million, compared with JD443 million for the same period last year, a 23 percent increase.

Exports to Syria recorded a 44 percent increase during the specified period, worth JD107 million, compared with JD74 million last year.

Exports to Palestine increased by 22 percent, reaching JD145 million during the reporting period, compared with JD119 million for the same period in 2021.

The mining industries contributed JD2.225 billion to the exports, followed by the chemical and cosmetic industries with JD1.279 million, and the engineering, electrical, and information technology industries with JD747 million.

The value of export from the catering, food, agricultural, and livestock industries reached JD587 million, followed by the therapeutic industries, and medical supplies sector with JD493 million, the leather and textile industries with JD388 million, and the packaging, paper, cardboard, and office supplies industries with JD237 million.

Exports of the plastic and rubber industries totaled JD214 million, and of the construction industries reached JD73 million, while exports of the wood and furniture industries hit JD17 million.

The ACI, whose combined capital is approximately JD5 billion, was established in 1962; it now has 8,600 members employing 159,000 people.

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