‘Jordan trade balance deficit decreased by 12.2% in 2019’

AMMAN — Jordan’s trade balance deficit decreased to JD7,826 billion in 2019, or by 12.2 per cent compared with 2018, driven by the increase in national exports by 6.8 per cent, which reached nearly JD5 billion.

According to a report from the Department of Statistics on foreign trade in Jordan, the value of total exports increased by 7.3 per cent to reach nearly JD5.9 billion in 2019, compared with the same period in 2018, the Jordan News Agency, Petra, reported.

The value of re-exports amounted to JD910 million during 2019, marking an increase of 9.9 per cent for the same period in 2018. The import value amounted to JD13.7 billion in 2019, a decrease of 4.8 per cent, compared with 2018.