2.267 Billion Dinars: Amman Chamber of Industry Exports in First Third of 2025 - Jordan News
Exports from the Amman Chamber of Industry continued their upward growth trajectory since the beginning of 2025, reflecting the resilience and adaptability of Jordanian industry in overcoming challenges, bolstered by its quality and competitiveness in export markets. اضافة اعلان During the first third of this year, exports increased by 14.8%, surpassing the 2 billion dinar mark, compared to the same period in 2024. According to statistical data obtained by the Jordan News Agency (Petra), exports reached 2.267 billion dinars, up from 1.973 billion dinars in the same period last year. Most industrial sectors saw an increase in exports, except for the wood and furniture, medical and pharmaceutical supplies, and packaging sectors, which declined by 14.7%, 6.4%, and 5.2% respectively. Conversely, seven sub-industrial sectors recorded varying levels of growth, the highest being the construction materials sector at 105.2%, and the lowest being plastics and rubber at 1.6%. India, the United States, Saudi Arabia, and Iraq collectively accounted for over half of Amman's exports, totaling 1.284 billion dinars. Exports to India rose by 19.9%, reaching 307 million dinars, up from 256 million the year before. Exports to Saudi Arabia increased by 4.7% to 274 million dinars, while exports to Iraq rose by 4% to 303 million dinars. However, exports to the United States declined by 4.1%, dropping to 400 million dinars from 417 million, though it remained the top importer of Amman's exports. Exports to Syria surged 346.5% to reach 94 million dinars, up from 21 million in the same period last year. Exports to Palestine also rose by 34.1%, totaling 58 million dinars, up from 42 million. Geographically, Arab countries topped the list with 1.103 billion dinars, followed by non-Arab Asian countries at 447 million, and North America at 416 million dinars. Exports to the EU totaled 120 million dinars, Africa 80 million, non-EU European countries 69 million, South America 12 million, and other countries 21 million dinars. Sector-wise distribution included: Mining industries: 504 million dinars Chemicals and cosmetics: 420 million dinars Engineering, electrical, and IT: 356 million dinars Food, agriculture, and livestock: 334 million dinars Medical and health supplies: 197 million dinars Textiles and leather: 189 million dinars Plastics and rubber: 101 million dinars Packaging and stationery: 84 million dinars Construction materials: 75 million dinars Wood and furniture: 6 million dinars
Founded in 1962, the Amman Chamber of Industry currently includes 8,600 industrial establishments, employing 159,000 workers, with a total capital of around 5 billion dinars.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Roya News
11 hours ago
- Roya News
Roya Media Group breaks records and leads viewership during Ramadan 2025
Roya Media Group delivered an exceptional performance across all its platforms during Ramadan 2025, achieving record-breaking numbers that reflect the strong engagement of its audience and reaffirm its position as a leading media powerhouse in Jordan and the region. According to the RMG's internal data analysis, Roya's digital platforms surpassed 2 billion views across social media, marking a 42 percent increase compared to last year. Additionally, its website and mobile apps recorded over 72 million views, reflecting a 26 percent year-on-year growth. Roya TV confirms its leadership in the media landscape for the ninth consecutive year, based on reliable data from several research firms. For the sixth consecutive year, according to Ipsos, a market and public opinion research company, the results of a recent study showed that Roya TV ranked first in terms of daily viewership of TV channels in Jordan during the month of Ramadan in 2025. The channel achieved a daily viewership share of 56.6 percent, representing a 12.5 percent increase compared to Ramadan 2024. More than 2.8 million viewers in Jordan tuned in to Roya TV every day throughout the month, a testament to the strength and quality of its programming, which continues to engage a wide range of Jordanian audiences. Several standout programs captured audience attention. The 'Comedy Hour' led daily ratings with a 25.3 percent share, reflecting a 49 percent increase over the previous year. Meanwhile, 'Roya News Bulletin' continued to dominate local news programming with an 8.3 percent daily share, up 22 percent, securing its lead among competing news broadcasts. In the cooking show category, which sees significant viewership during Ramadan, Roya TV ranked first with all its culinary programs, including: "Roya Kitchen with Nabil," "Aqwa Sofra," "Yalla Notbukh," and "Habaibna Allazam." In the drama category, "Al Sabaa" and "Taht Sabe' Arḍ" were the top-rated drama series in Jordan throughout Ramadan 2025. About Ipsos Ipsos has operated in Jordan since 1998 as a subsidiary of Ipsos Global, which was founded in Paris in 1975. The company specializes in economic and strategic research, media and marketing studies, customer and employee relations, social research, and public opinion polling. Ipsos ranks third globally in research and is the top research firm in the Middle East and North Africa. It operates in 90 countries and employs over 19,000 specialists worldwide. Ipsos has covered all Arab countries in the MENA region since 1988 and has been listed on the Euronext Paris stock exchange since 1999. The study was conducted during Ramadan 2025 with a representative sample of 1,100 individuals aged 15 and above.
Roya News
12 hours ago
- Roya News
Jordan's unemployment rate dips slightly in Q1 2025
Jordan's unemployment rate stood at 21.3 percent in the first quarter of 2025, a slight drop of 0.1 percentage points compared to the same period in 2024, according to the latest quarterly labor force report released by the Department of Statistics. Over the longer term, unemployment has decreased by 1.5 percentage points since Q1 2022. Gender Breakdown The report shows mixed trends by gender: Male unemployment rose to 18.6 percent, up 1.2 percentage points from Q1 2024. Female unemployment dropped significantly to 31.2 percent, down 3.5 percentage points year-on-year. Compared to the previous quarter (Q4 2024), male unemployment increased slightly by 0.4 points, while female unemployment declined by 1 point. Notably, 60 percent of unemployed individuals hold at least a high school diploma, while 40 percent have lower educational qualifications. Employment and Workforce Participation 31.0 percent of Jordanians aged 23 and older are employed. Among employed men, 60 percent are between the ages of 20 and 39; for women, that figure is 58.2 percent. 43 percent of employed individuals hold qualifications higher than high school; 46.3 percent have less than high school education. Wage employment remains dominant: 86.8 percent of the employed workforce are wage earners. 95.4 percent of employed women and 84.8 percent of men are paid employees. The share of foreign workers declined to 44.0 percent of the total workforce in Q1 2025, compared to 44.7 percent in the same quarter last year. Economic Participation The adjusted economic participation rate (the ratio of the labor force to the population aged 15+) was 32.9 percent in Q1 2025, down from 34.1 percent in Q1 2024. Male participation dropped from 53.7 percent to 51.2 percent. Female participation fell from 15.5 percent to 14.5 percent, remaining well below the Arab region average of 18 percent. The data show clear gender-based differences in education levels within the workforce: 55.2 percent of working men have less than a high school education, compared to just 8.5 percent of working women. 75.6 percent of women in the labor force have a bachelor's degree or higher, compared to 27.1 percent of men. Women also represent 22.3 percent of all employees in the public sector. Methodology The Labor Force Survey covered 16,560 households across all governorates, both urban and rural, and follows internationally adopted standards. Conducted mid-quarter, the survey captures labor market conditions across the full quarter — January, February, and March — by asking respondents whether they had actively sought work in the previous four weeks.
Jordan News
14 hours ago
- Jordan News
Stocks and Dollar Fall Amid Rising U.S.–China Trade Tensions - Jordan News
Stocks and Dollar Fall Amid Rising U.S.–China Trade Tensions Asian stock markets and the U.S. dollar declined on Monday as escalating trade tensions between the United States and China fueled investor caution ahead of key U.S. jobs data and a potential interest rate cut by the European Central Bank. اضافة اعلان Steel manufacturers in South Korea and Vietnam—major exporters to the U.S.—saw their shares fall following President Donald Trump's Friday threat to double tariffs on steel and aluminum imports to 50% starting June 4. The move drew criticism from EU negotiators. U.S. Treasury Secretary Scott Besant said Sunday that Trump would speak soon with Chinese President Xi Jinping to resolve the dispute, but Beijing firmly rejected Trump's criticisms and cast doubt on whether the call would happen soon. White House officials downplayed a court ruling that suggested Trump had overstepped his authority in imposing blanket tariffs on U.S. trade partners. JPMorgan chief economist Bruce Kasman noted that despite legal setbacks, the administration still has multiple tools to enforce trade policy, and intends to maintain baseline tariffs of at least 10% with possible increases targeting specific sectors. Kasman added that tariffs on ASEAN imports could rise to curb re-exports, and that a similar approach may be applied to EU trade. Markets are watching closely to see if Trump follows through on his 50% tariff threat on Wednesday or backs off, as he has in the past. Until then, risk aversion dominated: MSCI's Asia-Pacific index (excluding Japan) dropped 0.8%. Nikkei (Japan) fell 1.3%. Hang Seng (Hong Kong) slid 2.5%. South Korea's KOSPI edged up 0.2% on optimism surrounding Tuesday's early presidential election. European futures also reflected investor anxiety: Euro Stoxx 50 futures declined 0.3%. DAX (Germany) down 0.2%. FTSE (UK) remained flat. Uncertainty was heightened by speculation over a dramatic Ukrainian airstrike on Russian bases and its impact on peace negotiations. In the U.S.: S&P 500 lost 0.5%. Nasdaq declined 0.6%, retracing part of May's strong gains (6.2% and 9.6% respectively). Outlook on the U.S. Labor Market Investors are awaiting this week's U.S. manufacturing and jobs data, expected to show a 130,000 increase in payrolls for May, with unemployment steady at 4.2%. Higher unemployment could be the only factor to push the Federal Reserve toward rate cuts, though markets no longer expect action in June or July. Instead, there's a 75% chance of a cut in September, although Fed officials have not confirmed this outlook. Fed Chair Jerome Powell is set to speak today, followed by remarks from over 11 other Fed officials throughout the week. Governor Christopher Waller said rate cuts remain possible this year due to downside risks to the economy and labor market, and potential inflationary pressures from tariffs. A weak jobs report could benefit bond markets, where 30-year Treasury yields hover near 5%, reflecting increased investor demands amid growing fiscal concerns. The Senate is also set to debate a tax-and-spending bill that may add $3.8 trillion to the existing $36.2 trillion national debt. Global Rate Decisions: ECB and Bank of Canada ECB is expected to cut rates by 25 basis points to 2.0% on Thursday, with potential signals for further easing in July. Bank of Canada meets Wednesday and is forecast to keep rates steady at 2.75%, though cautious guidance is likely due to tariff-driven recession fears. Despite widening rate differentials, the dollar has seen limited support: USD/JPY fell 0.4% to 143.47. EUR/USD rose 0.2% to 1.1370. USD/CAD dropped 0.2% to 1.3727, despite Trump's tariff threats on Canadian steel. Commodities Gold rose 0.6% to $3,310/oz, recovering from a 1.9% loss last week. Oil gained after OPEC+ announced a steady output increase for July: Brent crude rose $1.46 to $64.24/barrel. WTI added $1.65 to $62.43/barrel. — Reuters
