The value of Jordanian exports during the months of January and February of the current year reached 986.6 million dinars, to increase by 14.5 percent compared to the same period of last year. The value of national exports increased during the past January and February by 17.7 percent, to reach 853.9 million dinars compared to the same period last year, according to the monthly General Statistics Department report on foreign trade in Jordan.
On the other hand, the value of the re-exports decreased by 2.6 percent, reaching 132.7 million dinars during the months of January and February of the current year, compared to the same period in the year 2019. As for the imports, their value amounted to 2202.2 million dinars during the months of January and February of the current year, down by 1.8 percent, compared to the same period last year.
Thus, the deficit in the trade balance (representing the difference between the value of imports and the value of exports) decreased during January and February of the year 2020, to 1215.6 million dinars or 12 percent, compared to the same period in 2019.
A report issued by the Jordanian Statistics Department showed that the coverage rate of total exports of imports amounted to 44.8 percent during January and February of this year, while the coverage rate for the same period of last year was 38.4 percent, representing an increase of 6.4 percentage points.
The source (Al-Dustour Newspaper-Jordan, Edited)
