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18 April 2024

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Jordan's imports decline in key sectors

03-12-2024 01:57 PM


Ammon News - Jordan’s imports have decreased in several key sectors since the beginning of 2024 through the end of September, including crude oil and its derivatives, jewelry, grains, and electrical machinery, contributing to a reduction in overall import growth.

Specifically, imports of crude oil and petroleum products fell by 11.3%, totaling JD 2.023 billion by the end of September, compared to JD 2.280 billion during the same period in 2023. According to the Department of Statistics, this reduction in the oil bill amounted to approximately JD257 million compared to the previous year.

Among the top imported petroleum products, mineral fuels and oils led the list, reaching JD631 million, followed by crude oil at JD610 million. Gasoline and diesel imports were valued at JD372 million each, while lubricants and kerosene totaled JD29 million and JD9 million, respectively.

In addition to petroleum, imports of other goods also decreased. Jewelry and precious metals saw a 16.6% decline, dropping to JD771 million, compared to JD925 million last year. Grain imports decreased by 16.4%, totaling JD536 million, down from JD641 million. Electrical machinery imports saw a slight dip of 0.4%, totaling JD667 million, compared to JD670 million in the previous year.

However, there were increases in certain categories. Vehicle and bicycle imports rose by 12.6%, reaching JD1.311 billion compared to JD1.164 billion last year. Imports of machinery tools grew by 15.1%, totaling JD992 million, up from JD862 million in 2023. Additionally, imports of other goods increased by 4.9%, reaching JD7.712 billion compared to JD7.352 billion last year.

Overall, total imports from the beginning of 2024 until the end of September recorded an increase of 0.8 percent, reaching JD14.012 billion, compared to JD13.894 billion for the same period of 2023. Petra




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