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Jordan’s trade deficit with EU rises more than 13%

5. Aqaba Port
Jordan's trade deficit with EU countries spiked in 2021, according to numbers from the Department of Statistics. (Photo: JNews)
AMMAN — Jordan's trade deficit with EU countries rose by 13.8 percent to JD1.716 billion from January to August of this year, compared to JD1.507 billion in the same period of last year.اضافة اعلان

The value of national exports to EU countries during the first 8 months of 2021 spiked to JD131 million, or by 33 percent, compared to JD98.5 million last year, according to foreign trade data issued Thursday by the Department of Statistics (DoS).

In addition, the value of EU countries' imports rose by 15 percent in the first 8 months of the current year to JD1.847 billion, compared to JD1.606 billion during the same period of last year, according to the Jordan News Agency, Petra.

The DoS data indicated that Holland took the lion's share of Jordanian exports to EU countries in the January to August period of 2021, with JD28 million, while Germany tops the list of countries that Jordan imports from, with around JD358 million worth of imports.