Ammon News - The national exports recorded a 10.6 percent increase in the first four months of this year, reaching JD2.752 billion compared to JD2.488 billion during the same period in 2024, according to the Department of Statistics’ monthly foreign trade report.

The report indicated that re-exports climbed by 10 percent to JD268 million, up from JD260 million a year earlier. Consequently, total exports combining domestic exports and re-exports rose to JD3.038 billion, marking a 10.6 percent annual growth.

Meanwhile, the value of imports reached JD6.554 billion, up by 12.7 percent from JD5.818 billion for the same period last year. This expansion widened the trade deficit to JD3.516 billion, reflecting a 14.5 percent increase compared to JD3.07 billion in the first third of 2024.

The export coverage ratio which measures the proportion of imports covered by total exports declined slightly to 46 percent, down one percentage point from last year’s 47 percent.

On a monthly basis, April’s foreign trade performance showed total exports at JD732 million, including JD659 million in national exports and JD73 million in re-exports. Imports for the same month amounted to JD1.875 billion, resulting in a trade deficit of JD1.143 billion.

Compared with April 2024, total exports for the month rose by 7.5 percent, driven by a 7.2 percent increase in domestic exports and a 10.6 percent rise in re-exports. Imports, however, surged by 31.3 percent, pushing the monthly trade deficit up by 53 percent. The April coverage ratio dropped to 39 percent, down from 48 percent in the same month last year. Petra