29-May-2019
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The Department of Statistics issued its monthly report on
foreign trade in Jordan, which indicates that the value of total exports during
the first quarter of 2019 amounted to JD 1334.5 million, an increase of 9.3%
compared to the same period of 2018. The value of national exports during the
first quarter of 2019 amounted to 1102.9 million dinars, an increase of 9.5%
compared to the same period of 2018. The value of re-exports amounted to 231.6
million dinars during the first quarter of 2019, an increase of 8.5% compared
to the same period of 2018. Imports amounted to 3263.3 million dinars during
the first quarter of 2019 with a decrease of 3.2% Ring the same period in 2018.
Thus, the deficit in the trade balance, which represents the
difference between the value of imports and the value of total exports amounted
to 1928.8 million dinars, thus the deficit has decreased during the first
quarter of 2019 by 10.2% compared to the same period of 2018. The ratio of
export coverage Total imports were 40.9% during the first quarter of 2019,
while the coverage rate was 36.2% compared to the same period of 2018, an
increase of 4.7 percentage points.
The value of national exports of clothing and related
accessories increased by 6.0%, crude potash by 26.0%, pharmaceutical products
by 6.1%, fertilizers by 23.8% and inorganic chemicals by 32.9%, while the value
of national exports of crude phosphate By 4.4%. The value of imports of
machinery and electrical appliances and their parts increased by 14.4%,
vehicles and motorcycles and their parts by 0.2%, while the value of imports of
crude oil and its derivatives decreased by 15.0%, machinery and machinery by
8.8%, iron and its products by (16.8%), plastics and articles thereof (10.8%).
As for the major foreign trade partners, the value of
national exports to the Greater Arab Free Trade Area increased by 9.4%,
including Saudi Arabia by 13.4% and the North American Free Trade Agreement by
4.9%, including the United States of America by 5.3% and non-Arab Asian countries,
While the value of national exports to EU countries decreased by 1.9%,
including the Netherlands by 21.5%. Imports increased by 12.5%, including Saudi
Arabia by 3.4% and non-Arab Asian countries by 1.9%, including the People's
Republic of China by 5.7%. Imports from the Free Trade Agreement (10.8%),
including the United States (15.9%) and the European Union (17.0%), including
Italy (19.6%).
As for trade with GCC countries, imports from these
countries amounted to KD 747.2 million or 22.9% of the value of imports during
the first quarter of 2019. Total exports of these countries amounted to JD
269.0 million or 20.2% of the total exports during the same period.
The main reasons for the increase in the value of national
exports during the month of March of 2019, due to the increase in the value of
national exports of crude potash from 21.5 million dinars in March 2018 to 40.2
million dinars in the same month of 2019, an increase of 7.0% , And the
increase in the value of national exports of pharmaceuticals to reach JD 41.3
million in March 2019 compared to JD 36.3 million in the same month of 2018, an
increase of 13.8%, and the increase in the value of national exports of soap
and washing products from 7.4 million dinars in March 2018 to 10.0 million
dinars in the same month of 2019 by 35.1%, and higher values National exports
of food preparations of vegetables and fruits from 2.6 million dinars in the
month of March in 2018 to 5.1 million dinars in the same month of 2019 by 96.2%.
The value of national exports of petroleum, copper, machinery, machinery,
machinery and parts increased.
The exports of these commodities accounted for
32.2% of the total value of national exports in March 2019 compared to 21.3% of
the value of national exports during the same month of 2018. Clothing was
ranked first among the goods included in national exports during the month
March 2019, while pharmaceuticals ranked second, while potash and raw
fertilizers were the third and fourth respectively. The data indicate that the
value of national exports of garments decreased by 11.3%, jewellery and
precious metals by 62.5%, aluminium by 48.9%, electrical equipment and parts by
42.9% National Exports of Raw Phosphates and Fruits.
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