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Trade deficit jumps by 32% between January, September

DOS
Department of Statistics. (File photo: Jordan News)
AMMAN Jordan’s trade deficit in the January–September period of 2022 increased by 32.8 percent, hitting JD8.137 billion, compared with JD6.125 billion in the same period of 2021, according to the Jordan News Agency, Petra.اضافة اعلان

A monthly report by the Department of Statistics released on Sunday said total exports in the January–September period of 2022 reached JD6.7 billion, up 42 percent compared with the JD4.7 billion recorded in the same period of 2021.

National exports in the same period of 2022 rose by 44 percent to JD6.169 billion, compared with JD4.283 billion in the same period of 2021, the figures showed.

The value of re-exported material was at JD530.7 million, up by 21.6 percent, compared to the JD436 million recorded during the same period of 2021, the department added.

Imports also went up by 36.8 percent to JD14.837 billion, compared with the JD10.844 billion recorded in the same period of 2021.

On a monthly level, figures showed that total exports in September 2022 reached JD773.2 million, up by 30.7 percent, compared with the figure reported during the same month of 2021.

National exports in September 2022 rose by 33 percent, reaching JD714.8 million, compared with the figure reported during the same month of 2021.

The value of re-exports in September was at JD58.4 million, up by 7.9 percent, compared to the figure reported during the same month of 2021.

Imports also went up by 30.5 percent, reaching JD1.823 billion, compared to the figure reported during the same month of 2021.

According to the report, the trade balance deficit in September 2022 increased by 30.3 percent, amounting to JD1.05 billion, compared to the figure reported during the same month of 2021.


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