Jordan’s exports up 10%

Foreign sales reached USD 1.21 billion in the January and February. Imports decreased, but the country still accumulates a heavy trade deficit.

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São Paulo – Jordan’s exports reached JOD 857.7 million (USD 1.21 billion) in January and February, a 9.8% increase compared to the same period of last year, according to data released on Monday (29) by the country’s Department of Statistics.

Meanwhile, imports stood at JOD 2.243 billion (USD 3.164 billion), a 1.8% decrease in the same comparison. With this, the country trade deficit dropped by 7.8%, down to JOD 1.385 billion (USD 1.954 billion).

Exports that grew the most were clothes and accessories, raw potassium, fertilizers, and inorganic chemicals. There was a drop, however, in foreign sales of pharmaceutical products and raw phosphate.

On the other hand, imports of electrical devices and their parts grew. However, purchases of oil and derivates, machines and their parts, iron and its products, and plastic and its products have decreased.

There was an increase of exports to other Arab countries, North America, Asian, and European Union. Particularly Saudi Arabia, United States, India, and Italy.

On the other hand, imports from other Arab countries have grown, specially from Saudi Arabia, and from Asia, specially China. Purchases have decreased from North America, specially USA, and the European Union, particularly Germany.

Brazil

Jordan shipped USD 335,000 to Brazil in January and February, a 29.2% drop compared to the same period of 2018, according to information from the Arab Brazilian Chamber of Commerce. Fertilizers, garlic, and clothing items were traded.

Meanwhile, exports from Brazil to Jordan reached USD 44.8 million, a 41% increase in the same comparison. The main products shipped were parts of turbines, corn, beef, and livestock.

Translated by Guilherme Miranda

Khalil Mazraawi/AFP

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