AMMAN — Jordan's
national exports jumped by 15.8, or JD584 million, in the third quarter of 2021
to a total of JD4.283 billion, compared with JD3.699 billion recorded in the
same reporting period of 2020, according to official figures cited by the
Jordan News Agency, Petra.
اضافة اعلان
However, despite
this strong rise in exports, monthly data issued by the Department of
Statistics on Sunday showed that the Kingdom's foreign trade deficit had ballooned
by 27.8 percent, or JD1.344 billion, to JD6.175 billion against JD4.831 billion
recorded in the same period of last year.
Total exports,
which include re-exports, hit JD4.719 billion in the January–March period,
signaling an increase of JD566 million, or 13.6 percent, from the JD4.153
billion reported in the corresponding period of 2020.
Conversely, the
value of re-exports in the three-month period dropped by 4.1 percent to a total
of JD435.8 million compared with JD454.3 million.
As for imports, the
figures indicate that they amounted to JD10.984 billion in the third quarter of
the current year, rising by 21.2 percent, or JD1.909 billion, from the JD8.985
billion registered in the same period of last year.
Accordingly, the
import-to-export coverage ratio stood at 43.3 percent against 64.2 percent in
the same reporting period of 2020, according to Petra.
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