Amman– Jordan's national exports showed significant growth with key trade partners and economic blocs through the end of September this year, contributing to a notable rise in export values, according to official statistics.
اضافة اعلان
The data revealed that exports to the Greater Arab Free Trade Area (GAFTA) increased by 14.4 percent, reaching JD2.638 billion by the end of September 2024, compared to JD2.305 billion during the same period last year. This growth was primarily driven by a rise in Jordanian exports to the Saudi market, which totaled JD851 million.
Exports to the North American Free Trade Agreement (NAFTA) bloc also surged by 15.5 percent, reaching JD1.774 billion, compared to JD1.536 billion in the same period last year. This increase was largely attributed to higher export volumes to the United States, which accounted for JD1.712 billion of the total.
Trade with the European Union (EU) experienced marginal growth, with national exports rising by 0.6 percent to JD313 million by the end of September, compared to JD311 million in the corresponding period last year. The increase was primarily driven by higher export volumes to Belgium, which reached JD66 million.
However, exports to non-Arab Asian countries recorded a sharp decline of 20.5 percent, falling to JD1.241 billion from JD1.561 billion in the same period last year. This drop was attributed to reduced exports to the Indian market, which amounted to JD675 million.
Similarly, exports to other economic blocs decreased by 16.1 percent, totaling JD447 million by the end of September, compared to JD533 million for the same period last year. The decline was driven by reduced trade with free zones, which recorded export volumes of JD170 million.
The data highlights the varied performance of Jordan’s export sector across different markets, reflecting both opportunities for growth and challenges in specific regions.
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