Jordan\'s Trade with Iraq Jumps Nearly 60 percent over First 10 Months

Published December 19th, 2000 - 02:00 GMT

Jordan's trade with Iraq markedly improved during the first 10 months of this year with two-way trade seeing a JD194 million increase over the same period of 1999, the Jordan Times reported Tuesday. 

Preliminary figures released by the Department of Statistics (DOS) reveal bilateral trade jumped to JD482 million for the January-October period of 2000 against JD288 million, recorded for the same period a year earlier.  

Iraq-bound goods rose by more than JD26.6 million, while Jordanian imports increased by more than JD167.6 million, the DOS figures showed.  

Jordan's drug industry was the number one beneficiary from enhanced trading.  

According to the DOS, medication topped Jordan's exports list to its eastern neighbor with a 30 per cent jump from JD38 million worth of goods this year versus JD21 million in 1999.  

In addition, officials forecast a 10-15 percent growth in Jordanian pharmaceutical exports to Iraq over the next year -- Albawaba.com

© 2000 Al Bawaba (www.albawaba.com)

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