Jordan's Trade Deficit Decreased by 26.3 percent

  • Amman, Hashemite Kingdom of Jordan
  • 10 July 2020
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The General Statistics Department in Jordan revealed that the trade deficit decreased in the first third of this year, to reach 2.045 billion dinars, a rate of 26.3 percent, compared to the same period last year, which amounted to 2.775 billion dinars.

The value of total exports decreased during the first third of the current year by 7.5 percent, reaching 1.633 billion dinars compared to the same period last year, which amounted to 1.765 billion dinars.

According to the report, the value of exports decreased during the first third of this year by 3.1 percent, or 1.424 billion dinars, compared to the same period last year, which amounted to 1.469 billion dinars, while the value of re-exports amounted to 208.8 million dinars during the first third of this year, a decrease of 29.5 percent compared to the same period last year.

According to the report, imports during the first third of this year decreased by 19 percent, compared to the same period last year, when they amounted to 3.678 billion dinars.

The report showed that the proportion of total export coverage of imports amounted to 44.4 percent during the first third of this year, while the coverage rate was 38.9 percent, compared to the same period last year, an increase of 5.5 percentage points.

Source (Al-Sharq Al-Awsat newspaper, Edited)