Jordan’s trade deficit with EU up by 6.5%

Screenshot 2022-05-31 235050
(Photo: Jordan News)

AMMAN — Jordan’s trade deficit with the EU climbed by 6.5 percent to JD619 million in the first quarter of 2022, according to the Jordan News Agency, Petra.اضافة اعلان

Petra published figures by the Department of Statistics (DoS), which showed that the trade balance deficit with the EU stood at JD581 million in the corresponding period in 2021.

The DoS report said the volume of exports to EU countries between January and March this year totaled JD63 million, a 44.2 percent increase compared with the JD44 million recorded in the same period in 2021.

Imports from EU countries also increased by 9.1 percent to JD682 million, compared with JD625 million in the same period last year, DoS said.

The data showed that the Netherlands was the top importer of Jordanian products worth JD12 million, while Germany was the EU’s largest exporter to Jordan with goods worth JD146 million in the first three months of the year.

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