Trade deficit up by 29.2pct in 2021

Home Business Trade deficit up by 29.2pct in 2021 26-01-2022 04:46 PM Ammon News - Jordan's trade balance deficit in the January-November period of 2021 increased by 29.2 percent, hitting JD7.824 billion compared to JD6.056 billion in the same period of 2020. According to a monthly report issued by the Department of Statistics (DoS) on Wednesday, total exports in the January-November period of 2021 reached JD5.997 billion, up by 18.3 compared with the JD5.07 billion recorded in the same period of 2020. National exports in the same period of 2021 rose by 20.1 percent, reaching JD5.447 billion compared to JD4.537 billion in the same period of 2020, figures showed. The value of re-exports was at JD550.2 million, up by 3.3 percent compared with the JD533 million during the same period of 2020, the DoS added. Imports also went up by 24.2 percent, reaching JD13.821 billion compared to the JD11.125 billion recorded in the same period of 2020. Accordingly, the export-to-import ratio stood at 43.4 percent in the January-November period of 2021, compared with 45.6 percent in the same period of 2020, indicating a 2.2 percent drop.

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Trade deficit up by 29.2pct in 2021

26-01-2022 04:46 PM

Ammon News - Jordan's trade balance deficit in the January-November period of 2021 increased by 29.2 percent, hitting JD7.824 billion compared to JD6.056 billion in the same period of 2020.

According to a monthly report issued by the Department of Statistics (DoS) on Wednesday, total exports in the January-November period of 2021 reached JD5.997 billion, up by 18.3 compared with the JD5.07 billion recorded in the same period of 2020.

National exports in the same period of 2021 rose by 20.1 percent, reaching JD5.447 billion compared to JD4.537 billion in the same period of 2020, figures showed. The value of re-exports was at JD550.2 million, up by 3.3 percent compared with the JD533 million during the same period of 2020, the DoS added.

Imports also went up by 24.2 percent, reaching JD13.821 billion compared to the JD11.125 billion recorded in the same period of 2020.

Accordingly, the export-to-import ratio stood at 43.4 percent in the January-November period of 2021, compared with 45.6 percent in the same period of 2020, indicating a 2.2 percent drop.

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