Industrial exports have ‘significant’ economic potential — association

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(Photo: Envato Elements)

 

AMMAN — The expansion of industrial exports “will reflect significantly on the national economy”, said the head of the Jordan Exporters Association (JEA), Ahmed Al-Khudari on Monday.

 

Industrial export expansion would also positively impact growth rates, he said, as it would generate more job opportunities, attract new investments, and support the country’s foreign currency reserves,

 

Khudari said in a statement that the association “has laid strong foundations for exporters”, enabling them to increase exports of industrial products and enhance their presence globally within important markets, reported Al-Mamlaka TV.

 

The association, he said, has also played a role in enhancing Jordanian industrial company presence at foreign exhibitions, which has contributed to expanding their shares in export markets and establishing commercial partnerships.

 

Exports are witnessing a stage of “unprecedented” growth, he said, with the value of industrial exports rising by JD1.39 billion in the first nine months of this year, an increase of 50 percent compared to the same period last year, which registered a total industrial export value of JD3.92 billion.

 

 

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