Amman's exports grow 13.5% in the first third

08-May-2019

 Exports of the Amman Chamber of Industry grew by 13.5 percent during the first third of this year, driven by growing export traffic to non-traditional markets and an increase in the activity of industrial sectors, which has declined in recent years. 

According to statistical data, the Chamber's exports during the first third of the current year amounted to 1,516 billion dinars compared to 1.336 billion dinars during the same period last year, according to the facts of certificates of origin issued by the Amman Chamber of Industry.

According to a press release of the chamber on Tuesday, the continuation of the challenge of energy costs did not help promising sectors of export development and competitiveness in international markets. Exports of plastic and wooden industries, furniture and packaging decreased by 9, 15 and 10 percent respectively in the first third of this year compared with the period itself from 2018.

On the other hand, the chemicals and cosmetics sector showed a remarkable activity during the first third of this year, increasing its share of total exports by 7 percentage points to about 23.1 percent compared to 15.8 percent for the same period last year due to the growth of exports by 67 percent, About 142 million dinars.

Exports of the industrial sector increased by 11 percent or KD 41 million, while exports of the medical and medical industries increased by 9 percent or 14 million dollars, Dinar.

The Chamber pointed out that some international markets began to move slightly in response to all the collective and individual efforts made during the past years, pointing to the export growth of targeted international markets, such as Bahrain, Singapore, Croatia, Greece, Bangladesh, Philippines and Ethiopia, but the uncertainty of their sustainability as export markets Remains a pressure factor on Jordanian factories.

The Chamber pointed out that its exports to the countries of the region witnessed natural growth except for Qatar, Iraq, Tunisia and Sudan, where exports fell to 18, 4, 46 and 65 percent, respectively.

The Chamber stressed the necessity of moving from the state of immediate treatment to the challenges to a general and in-depth treatment of the reasons for the decline in the industrial sector's ability to sustainably and comprehensively grow by enhancing its competitiveness, ensuring short-, medium- and long-term industrial and export policy that is not subject to changing official trends and strengthening its base in the face of regional and international changes.









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