Jordan's trade deficit rose by 22.4 percent in 2022 — DoS

(File photo: Jordan News)
AMMAN — The Kingdom's trade deficit increased by 22.4 percent in 2022 to reach JD10.59 billion, compared to JD8.65 billion in 2021, according to a monthly report on Jordan’s foreign trade issued by the Department of Statistics (DoS) and carried by the Jordan News Agency, Petra.اضافة اعلان

The value of total exports increased last year by 32.3 percent to reach JD8.79 billion, compared to JD6.64 billion in 2021, DoS figures showed.

National exports rose by 33.8 percent to stand at JD8.08 billion, while re-exports amounted to JD708.1 million, marking a 17 percent increase year-on-year.

Meanwhile, the value of imports to Jordan totaled JD19.38 billion in 2022, up by 26.7 percent, compared to JD15.3 billion worth of imported goods in 2021.

December trade statisticsOn the monthly level, total exports by the Kingdom in December 2022 had a value of JD682.4 million, while imports stood at JD1.413 billion.

Jordan's trade balance deficit in December thus amounted to JD731.3 million — a 16.6 percent decrease compared to the same month in 2021.

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