Ammon News - Jordan's industrial exports grew "significantly" during the first quarter of 2023, at a 9.3% rate, compared to the same period last year, driven by "quality" of Jordanian products and their "high" competitiveness in foreign markets, according to official data.

During the January-March period 2023, Jordan's industry exports, which reach more than 140 countries across the world, amounted to JD1.9 billion, compared to JD1.75 billion for the same period in 2022.

Today, Jordan's industry, whose production wheel began to spin long decades ago, has a total of 18,000 establishments in the Kingdom's various regions, with a registered capital of JD4.6 billion and a total investment volume of approximately $15 billion.

In remarks to "Petra" on Saturday, Head of Jordan Chamber of Industry (JCI), Fathi Jaghbir, said: "This increase in Jordan's industry exports was driven by the continued growth that the sector's exports have reached since Covid-19 pandemic, by building on its available opportunities, which varied from the global excess demand for fertilizers due to global plans to achieve food security."

Since beginning of 2023, Jaghbir said exports of Jordan's multiple industrial sectors grew, especially construction materials (cement and iron), and food industry products (food preparation items), due to "quality and efficiency" of Jordanian products, which made them successfully compete in various global markets.

Jaghbir added that products of Jordanian industry entered several new markets during 2023 and expanded in some existing traditional markets, mainly Switzerland, Ukraine, Romania, Portugal, Senegal, Djibouti, Hungary, Bosnia and Herzegovina, in addition to many other countries.

During 2023, he noted Jordan's industry witnessed a continuation of the "positive" developments, achievements and indicators made by the industrial sector during 2022, as one of the Kingdom's "key and leading" sectors of national economy.

He said this sector made the "highest" contribution to Jordan's economy with at a rate of about a third and is a "leader" in economic growth wheel during 2022.