Ammon News - Trade balance between Jordan and Qatar grew by 6.5 percent during the opening quarter of 2023 compared to the corresponding period of 2022.

According to Qatar's Planning and Statistics Authority's (PSA) data issued Monday, Jordan-Qatar trade amounted to $58.5 million during the first quarter of this year, compared to $54.9 million during the first quarter of last year.

Qatari businessmen, traders, and importers said in an interview with the Jordan News Agency (Petra) that the trade balance between Qatar and Jordan has been on an upward trajectory for several years due to an increase in Qatar's imports of Jordan-made products.

The Jordan-Qatar trade balance in the past ten years has totaled more than $3.17 billion, according to PSA's figures.

Data show that the trade balance favored Qatar from 2012 to 2017, but then shifted in favor of Jordan.

Qatar's exports to Jordan totaled 5.35 billion riyals compared to 2.44 billion imports, resulting in a 2.91 surplus for Qatar. However, between 2018 and 2021, Jordan recorded a 1 billion riyal surplus as Qatari exports totaled 1.2 billion riyals compared to 2.2 billion imports.