Jordan trade deficit down 10%

The deficit narrowed as a result of a 5.5% hike in exports and a 4.4% drop in imports.

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Amman – Jordan’s trade deficit was down 10% year-on-year through July, driven by a 5.5% hike in exports, Petra reported this Wednesday (25). Pictured is Amman, the national capital.

Exports from Jordan came out to JOD 2.74 billion (USD 3.86 billion) year-to-date through July, while imports amounted to JOD 7.89 billion (USD 11.13 billion), down 4.4% year-on-year according to the Jordanian Department of Statistics. The ensuing trade deficit was to the tune of JOD 5.15 billion (USD 7.26 billion).

Translated by Gabriel Pomerancblum

Artur Widak/NurPhoto/AFP

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