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Jordan’s trade balance deficit increases by 31.9% in 2021

Department of Statistics. (Photo: Jordan News)
AMMAN — The Kingdom’s trade balance deficit increased during 2021 by 31.9 percent, to reach JD8.701 billion, compared to 2020, which stood at JD6.595 billion, according to the Department of Statistics’ (DoS) figures, carried by the Jordan News Agency, Petra.اضافة اعلان

According to a report on foreign trade in Jordan issued by the DoS on Sunday, the volume of total exports in 2021 increased by 17.8 percent, to reach JD6.643 billion, compared with 2020, which stood at JD5.639 billion.

The value of national exports also increased during the past year, by 19.7 percent, or an amount of JD6.039 billion, compared to 2020, which stood at JD5.044 billion, according to the DoS data.

The report also revealed that re-exports stood at JD604.3 million in 2021, marking a 1.4-percent increase, compared with 2020, which amounted to JD595 million.

Jordan’s imports in 2021 rose by 25.4 percent, to reach JD15.345 billion, compared with JD12.235 billion in 2020, the DoS’s figures showed.

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