Jordan’s first quarter exports rise 20 percent
Jordan exported 316.7 million Jordanian dinars ($449 million) worth of merchandise in the first quarter of 2002 compared to JD 264 million during the same period last year, a 20 percent increase, confirmed official sources.
Imports increased by 2.7 percent in the first three months of the year, leading to a trade deficit drop of 12.9 percent to JD 373.2 million. Jordanian exports to Arab countries increased by 22 percent during the same period reaching JD 160.2 million, slightly more than half of the Kingdom’s national exports.
Jordan’s main trading partners over the last decade were Saudi Arabia, Iraq, Syria, Lebanon and the United Arab Emirates (UAE). Some 74 percent of Jordan’s total exports headed for Arab markets over the past 10 years, with imports from those markets representing 84 percent of the total. — (menareport.com)
© 2002 Mena Report (www.menareport.com)