Jordanian exports went up by 116 per cent during the four past years, hitting JD2.3 billion compared to JD1.1 billion in 2000, according to a study conducted by Amman Chamber of Industry and cited by Petra.
The study showed that Jordan's exports to Arab countries rose by 118%, to hit JD607 million, by 2% to the EU market and by 13% to the non-Arab Asian countries. Meanwhile, exports to the American market increased up to 15 fold making JD677 millions.
The boost in exports to the US is a result of the FTA agreement with Jordan, WHICH rests on the base of an earlier program known as "Qualifying Industrial Zones," dating to 1997. The QIZs are industrial parks on the Jordan-Israeli border, often jointly managed, whose products (mainly clothes, plus some jewelry and luggage) are exempted from American tariffs. The production of the QIZs allowed Jordan's to significantly raise exports to the United States.
