Jordan's gasoline bill drops 21% in 8 months


24-10-2024 04:28 PM

Ammon News - In the first 8 months of this year, the worth of Jordan's gas imports dropped to 33.9 million dinars from 43.1 million dinars in 2023, showing a decrease of 21%.

The Department of Statistics' foreign trade report showed that Jordan's oil bill decreased by 9% from 1.98 billion dinars in 2023 to 1.8 billion dinars from the beginning of the year to the end of August, as reported by Ammon.

Yet, the value of crude oil imports surged to around 544 million dinars in the initial 8 months of this year, showing a 20% increase from the previous year's corresponding period.

The biggest portion of the decrease was due to a 17% drop in the value of Jordan's diesel imports, falling to 32.99 million dinars from 37.56 million dinars in the first 8 months of 2023.

The kerosene import bill amounted to around 8 million dinars in the initial 8 months of this year, with no recorded value during the same period in 2023.

Similarly, Jordan's import value of electricity rose to approximately 12.67 million dinars, up from 12.5 million dinars in the first 8 months of the previous year.

The monthly report on foreign trade in Jordan released by the Department of Statistics shows a rise in total exports by 2.8%, domestic exports by 0.4%, and re-exports by 32.7% from the previous year.

During the first eight months of 2024, there was a 0.8% rise in imports and a 1% drop in the trade balance deficit compared to the same period in 2023.




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