Jordan's industrial exports rise by 10% in Q1 2023

(Photo: ACI)
AMMAN — Exports of Jordanian factories and businesses registered with the Amman Chamber of Industry (ACI) increased by 10 percent in the first quarter of 2023 compared to the same period last year, according to new data. اضافة اعلان

The total value of exports reached JD1.814 billion in Q1 2023, up from JD1.646 billion in Q1 2022, according to the Jordan News Agency, Petra.

Most sectors see growth, while some declineMost industrial sectors saw an increase in exports during the first quarter of 2023, ranging from 3 to 20 percent, the data revealed. However, the plastic, rubber, and furniture industries experienced a decline of 4 to 6 percent in exports during the same period.

India, the US, Saudi Arabia, and Iraq accounted for more than half of the ACI’s exports in the first three months of 2023, with a total value of JD993 million.

The data showed that the chamber's exports to India dropped by 14 percent during this period, while exports to the US rose by 21 percent. Exports to Saudi Arabia and Iraq also increased by 12 percent and 21 percent, respectively.

Export destinations by regionThe value of exports to Arab markets in the first three months of 2023 amounted to JD722 million, non-Arab Asian markets accounted for JD602 million, and African countries for JD12 million.

Exports to North American countries reached JD296 million, while South American markets received JD23 million. EU countries received JD66 million, and European nations outside the EU received JD33 million, while other countries received JD59 million.

Export sectors and industriesThe mining industries contributed JD587 million to exports, followed by the chemical and cosmetics industries with JD337 million, and the engineering, electrical, and information technology industries with JD253 million ($357 million).

The catering, food, agricultural, and livestock industries followed with JD207 million, while the therapeutic industries and medical supplies sector reached JD147 million.

The leather and textile industries contributed JD104 million, and the packaging, paper, cardboard, and office supplies industries added JD77 million.

Exports from the plastic and rubber industries totaled JD65 million, the construction industries reached JD32 million, while exports from the wood and furniture industries amounted to JD4 million.

The Amman Chamber of Industry, established in 1962, has 8,600 industrial members employing 159,000 people. The combined capital of ACI-registered businesses is approximately JD5 billion.

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