Jordan-ASEAN trade exchanges surge by 42% in 2022

acc Amman Chamber of Commerce
(File photo: Jordan News)
AMMAN — Trade exchanges between Jordan and the Associationof Southeast Asian Nations (ASEAN) experienced a surge of 42 percent in 2022, compared to the previous year, according to statistical data released by the Amman Chamber of Commerce (ACC). اضافة اعلان

The Kingdom's trade with ASEAN reached JD1.279 billion, a substantial increase from JD900 million in 2021, the Jordan News Agency, Petra, reported.

Imports and exports
ACC's statistical figures highlight that Jordan's imports from ASEAN countries amounted to approximately JD877 million in the past year, whereas national exports accounted for JD400 million and re-exports reached JD2.5 million.

The Kingdom's imports from ASEAN predominantly include pearls, gemstones, textile materials, electrical and electronic sets, transport equipment, food industry products, and chemical goods.

On the other hand, Jordan's exports to ASEAN are mainly represented by chemical and metal products, as well as textile materials.

Enhancing relations
Khalil Haj Tawfiq, the head of ACC, emphasized the potential for Jordan to enhance its economic relations with ASEAN countries by expanding the range of exported commodities and attracting value-added investments.

Haj Tawfiq revealed that ACC is actively preparing to organize a Jordanian-Asian economic forum by the end of 2023. The forum aims to facilitate joint fairs and meetings for business owners, industrialists, and traders from ASEAN countries, fostering closer ties with their Jordanian counterparts.

Additionally, Haj Tawfiq stated that ACC intends to extend an invitation to the General Union of Chambers of Commerce, Industry, and Agriculture for Arab Countries.

 The invitation will be extended to members of Arab trade and industry chambers, including those from Palestine, Syria, Lebanon, Iraq, Egypt, Yemen, and the Gulf Cooperation Council countries.

ASEAN, currently comprised of Indonesia, Malaysia, the Philippines, Singapore, Thailand, Laos, Cambodia, Brunei, Myanmar, and Vietnam, boasts a collective population of 668 million and spans an area of 4 million

Founded in 1967 and headquartered in Jakarta, ASEAN is recognized as both a political and economic organization, and it stands as the world's seventh-largest economy.

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