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Ammon News - Chairman of Amman Chamber of Industry, Eng. Fathi Jaghbir, confirmed that industrial exports are on their way to achieving positive results, reaching 5.84 billion dinars during 9 months of 2022.

“Industrial exports rose during 9 months of this year by 1.39 billion dinars, with a growth rate of 50%, compared to the same period last year, in which it recorded 3.92 billion dinars", Jaghbir said in a statement on Monday.

He added that, this unprecedent rise in industrial exports came as a result of the efforts that were made to serve the industrial sector during the last period, noting that this development will reflect the extent of the improvement in the performance of the industrial sector at the national level.

He noted that industrial exports achieved growth for different countries, most notably the USA by 1.313 billion dinars, then India by 1.046 billion, and Saudi Arabia by 626 million dinars.

The development of industrial exports came as a result of the growth of exports of most industrial sectors, led by the mining industries, which increased by 859 million dinars, reaching about 1.453 billion dinars, then the chemical industries, which amounted to 1.460 billion dinars, Jaghbir said.

He pointed to several factors that contributed to the growth of industrial exports, the most important of which is the expansion of production processes and the rise in global demand, which led to an increase in exports of a number of products, including potash, crude phosphate, fertilizers and clothing.

He indicated that these outstanding results reflect the development of the industrial system inside the Kingdom, calling for seizing opportunities and further expanding production and export operations.

The coming period requires more work to remove and overcome the difficulties that limit growth and expansion within the industrial sector, in line with the vision of economic modernization and achieving self-sufficiency and food security, Jaghbir stressed.