AMMAN —
The Kingdom’s trade deficit with the
Greater Arab Free Trade Area (GAFTA) increased in the first half of this year by 104 percent, to reach JD1.534
billion, compared to the same period last year, when it stood at JD749 million,
according to Al-Mamlaka TV.
اضافة اعلان
The value of
exports to GAFTA member countries increased in the first half of this year by
15.1 percent, to reach JD1.239 billion, compared to the same period last year,
when it amounted to JD1.076 billion, according to external trade data issued by
the
Department of Statistics (DoS).
The value of
Jordan’s imports from GAFTA during the first half of this year increased by 52
percent, to reach JD2.773 billion, compared with the same period last year,
when it amounted to JD1.825 billion.
According to DoS
data, Saudi Arabia topped the list of Jordanian exports to GAFTA in the first
half of this year, which amounted to some JD390 million; it also topped the
list of countries exporting to Jordan, with the Kingdom’s imports from Saudi
Arabia amounting to JD1.460 billion. This brought the trade deficit with Saudi
Arabia in the first half of this year to JD1.070 billion.
President of the
Jordan Chamber of Commerce Nael Kabariti said that Jordan imports represent more than
85 percent of the food and beverage items it consumes, which makes the trade
balance in favor of many countries.
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