Jordanian- US trade surplus reaches JD187mln in Q1


26-05-2024 11:18 AM

Ammon News - Jordan's trade balance with the United States achieved a surplus of JD 187 million during the first quarter of this year.

According to figures picked up by the Jordan News Agency (Petra) based on foreign trade data from the Department of Statistics, the volume of trade exchanges between Jordan and the United States in the first quarter of this year amounted to approximately JD 789 million, compared to JD 823 million for the same period last year.

National exports to the American market grew by 1.03 percent in the first quarter, reaching JD 488 million, up from JD 483 million for the same period last year.

Imports from the American market totaled JD 301 million in the first quarter of this year, compared to JD 340 million for the same period last year, marking a decrease of 11.5 percent.

Jordanian exports to the US include clothing and related accessories, jewelry, fertilizers, pharmaceutical preparations, information technology services, food and live animal products, as well as engineering industries.

On the other hand, Jordan's imports from the US encompass metal products, transportation equipment, machinery, electrical appliances, grains, chemical products, medical devices, food industry products, wood pulp, animal products, furniture, iron products, used clothing, vegetable oils and fats, and wood products.

It is noteworthy that the free trade agreement between Jordan and the United States, signed in October 2000, came into full effect in January 2010. This agreement has led to an estimated 800 percent increase in bilateral trade exchange.




  • no comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :