Jordan-Qatar trade exchange at $123mln in 1st half 2024-PSA

Doha - The volume of Jordan-Qatar trade exchanges recorded a growth of 4% during the first half of this year, compared to the first 6 months of 2023.اضافة اعلان

According to recent trade statistics reported by Qatar Planning and Statistics Authority (PSA) website Saturday, the volume of the two countries' trade balance reached about 448 million riyals ($123 million) during the first half of the current year, compared to 430 million riyals ($118.1 million) against the corresponding period of last year.

Jordan exports to Qatar several diverse goods, especially consumer items, primarily fresh and processed food materials and products, vegetables, fruits, meat, dates, dairy products, poultry, grains, desserts, and a wide range of consumer products.

Meanwhile, Qatari exports to Jordan include various chemical materials, primarily automobile oils, sulfonic acid, lutein, aluminum molds, polyethylene, iron rods, chemical fertilizers of various types and uses, plastic bags, automobile engine oils, organic fertilizer, and medical solutions.

The mutual trade balance has been witnessing "significant" growth for several years, supported by the continued rise in Qatar's imports of Jordanian food and consumer materials and products, which recorded a particularly "large" jump during the past two years.

During the past ten years, Jordan-Qatar trade balance exceeded 11.5 billion Qatari riyals ($3.17 billion), according to official statistics issued by Qatar Planning and Statistics Authority (PSA).

According to official figures, the Qatari market consumes more than 1,000 tonnes of vegetables and fruits daily, while the volume of local agricultural production is about 100,000 tonnes annually, with a self-sufficiency rate of about 40%. However, these rates of consumption record a double increase during certain occasions, mainly the month of Ramadan and holidays.

Jordanian consumer goods and products, especially food, are "popular" in the Qatari local market, as they witness "wide" demand from most consumers.

Additionally, these Jordanian goods are enjoy "high competitiveness and reasonable" prices compared to other similar products imported from foreign markets.

These goods and products also enjoy "high" quality, meeting the aspirations and desires of consumers who show "great" interest in quality and price levels.

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