Export volume to GAFTA countries declined by 2.1% in first-half of 2020

AMMAN — The volume of national exports to countries of the Greater Arab Free Trade Agreement (GAFTA) in the first-half of the year dropped by 2.1 per cent to reach JD907 million, compared with JD926 million in the same period of 2019, the Department of Statistics (DoS) announced on Thursday. 

The monthly DoS report, cited by the Jordan News Agency, Petra, showed that imports from GAFTA countries in the first-half of 2020 fell by 23.1 per cent to JD1.4 billion from JD1.8 billion in the January-June period of last year.

The trade deficit with GAFTA countries declined in the first six months of 2020 by 43.5 per cent to JD560 million from JD493 million in the same period of last year.