Latest news with #JordanChamberofIndustry
Jordan News
4 days ago
- Business
- Jordan News
Jordan's Qualification for the World Cup a Promising Economic Opportunity for Industrial Sectors
President of the Jordan Chamber of Industry, Eng. Fathi Al-Jaghbir, emphasized that Jordan's qualification for the FIFA World Cup presents a valuable economic opportunity for several industrial sectors, including leather and garment industries, food and beverage production, packaging, and health and medical supplies. اضافة اعلان Speaking to the Jordan News Agency (Petra), Al-Jaghbir stated: 'This historic achievement should not be viewed merely as a sports victory, but rather as a true economic and export platform that enhances the Kingdom's industrial presence on the global map.' He added that this opportunity lies in its potential to merge Jordan's national identity with its industrial products, helping to promote the Kingdom both culturally and economically on the international stage, while boosting exports and opening new global markets for Jordanian industries. Al-Jaghbir highlighted that World Cup qualification offers a strategic platform to expand industrial exports into promising markets. He stressed the need for smart promotional campaigns that highlight the quality of Jordanian products while showcasing their cultural identity. He also called for the preparation of a comprehensive national industrial marketing strategy, built on a genuine public-private partnership, and focused on tapping into more than $4 billion worth of untapped export opportunities in the industrial sector. The momentum surrounding the World Cup, Al-Jaghbir noted, is a chance to build consumer trust in Jordanian products through national campaigns and seasonal exhibitions that link sports identity with national industry, fostering a positive image of Jordanian industry—not just as a commodity but as a symbol of identity and excellence. He pointed out that the industrial sector recorded an outstanding performance during the first third of 2025, considered one of the best in the past two decades, despite ongoing regional challenges impacting supply chains and export markets. The sector contributed over one-third of Jordan's GDP growth. This performance, he explained, is mainly due to exceptional growth in the manufacturing sector, which increased by 11% in the first quarter of 2025—the highest growth rate in more than 17 years. This growth is a vital indicator of the recovery and expansion of Jordanian industries, despite regional and global challenges related to supply chains and production costs. According to Al-Jaghbir, Jordanian industrial exports reached their highest historical level during the first third of this year, growing by 8% compared to the same period in 2024. This reflects sustained positive export momentum. Exports reached 2.5 billion dinars in the first third of 2025, compared to 2.3 billion dinars during the same period in 2024. This growth was driven by a notable increase in exports across six main industrial sectors, including a 133% surge in construction materials, 24% in food products, 12% in chemicals, and 14% in packaging. Apparel and engineering industries both grew by 6%. Al-Jaghbir praised the government's recent steps and direction, which signal a positive shift in handling the national economy and particularly the industrial sector. He noted that the government is now showing serious interest in stimulating economic growth and forging an effective partnership with the private sector—something the industrial sector has long called for as a foundation for sustainable development. He cited favorable government decisions such as freezing customs duties, providing incentives for several industrial cities, and factory visits by Prime Minister Dr. Jaafar Hassan to learn firsthand about sector challenges—moves that send strong confidence signals to Jordanian industry. Regarding market expansion strategies, Al-Jaghbir said the Chamber has made export diversification and market development its top strategic priority, recognizing the importance of this approach in strengthening the sector's global standing and growth potential, especially amid geopolitical disruptions that have destabilized some traditional markets. Jordan Industry is following a comprehensive strategy focused on opening new export channels. This includes active participation in international trade fairs and specialized events in priority markets, which help introduce global buyers to the diversity and quality of Jordanian products and allow local producers to establish long-term partnerships. He also highlighted the Chamber's efforts in trade networking by organizing trade missions and bilateral meetings in cooperation with chambers of commerce and industry in targeted countries. These initiatives aim to connect Jordanian firms with distributors, importers, and potential partners and create real platforms for export expansion. The Chamber is also investing in specialized market research and analysis, particularly on export realities and global value chains, to help companies identify the most suitable markets for their products based on demand, opportunities, and market access conditions. Jordan Industry has also launched a series of specialized reports to guide industrialists in exploring new markets, including a report titled 'Promising Markets for Jordanian Industry', which outlines countries where Jordanian products have significant untapped potential. The Chamber is preparing to release a second report, 'Regulatory Requirements for Entry into Promising and Non-Traditional Markets,' which analyzes technical and procedural market access requirements, helping industrialists better understand regulatory environments and related variables. A third report will follow, focusing on 'Unconventional Marketing Strategies' to provide innovative tools and digital solutions for breaking into new markets. Al-Jaghbir also emphasized the importance of the Industrial Support and Development Fund, describing it as a realistic and vital step reflecting the government's commitment to enhancing the competitiveness of the industrial sector. In the Fund's first phase, 368 industrial companies reported export increases of over 118 million dinars and total sales growth of 533 million dinars. The initial round, which focused on the food industry, led to a 19% increase in Jordanian employment—creating over 3,200 new jobs, including more than 1,000 for women. It also achieved remarkable progress in energy and water efficiency, with dozens of companies successfully reducing consumption and promoting sustainability—underscoring the sector's move toward innovation and resource optimization. Al-Jaghbir concluded by saying that the industrial sector is inherently capable of transforming any support it receives into real opportunities for growth and development. It is productive, flexible, and capable of using resources effectively to boost productivity and open new markets. These qualities make investment in the industrial sector one of the most impactful forms of economic support in the medium and long term. He added that the second phase of the Industrial Support and Development Fund includes four programs: export promotion through Export House, output-based incentives via the Ministry of Industry, Trade, and Supply, export credit guarantees through the Jordan Loan Guarantee Corporation, and the Industrial Modernization Program by JEDCO. – (Petra – Saif Al-Din Swailha)
Zawya
5 days ago
- Business
- Zawya
Jordan: JCI issues report on boosting national exports to global markets
AMMAN — The Jordan Chamber of Industry (JCI) on Thursday issued an analytical report designed to bolster industrial export competitiveness and expand the national product's footprint in global markets. The comprehensive report includes technical and regulatory requirements for entering several promising, non-traditional export destinations, the Jordan News Agency, Petra, reported. The publication complements an earlier report, "Promising Markets for Jordanian Industry," which identified an estimated $7.4 billion in untapped export opportunities worldwide. JCI Director General Hazem Rahahleh underscored the report's role in the chamber's strategy to build an "integrated" framework supporting export decision-making. He stressed that global market success transcends "mere" product quality, hinging critically on manufacturers' capacity for international compliance and their grasp of market-specific legislation. Rahahleh highlighted the JCI's commitment to enhancing its analytical and networking tools, in "direct" alignment with the national objectives articulated in Jordan's Economic Modernisation Vision (EMV). The report serves as a practical guide, empowering Jordanian industrialists to navigate the regulatory, health and technical prerequisites for market access, ultimately aiming to diversify and expand Jordan's export base geographically. It provides focused insights into strategic and emerging markets, including the US, the EU, Kenya, Rwanda, Uzbekistan and Kazakhstan. It also analyses key sectors for competitive advantage include food products, chemicals, plastics, pharmaceuticals and medical supplies. For the US market, the report highlights "essential" food export requirements, stressing the Food and Drug Administration (FDA) registration, compliance with the Food Safety Modernisation Act (FSMA), implementation of the Foreign Supplier Verification Programme (FSVP), a food safety plan, and adherence to labelling mandates. Regarding the EU, the report includes technical and environmental regulations governing chemical and plastic exports, such as traceability systems, packaging and environmental safety standards. It also addresses specific requirements for certain food products like potato chips and dairy, including acrylamide reduction protocols and veterinary oversight, aligning with international Codex specifications. In Africa, the report clarifies technical prerequisites for exports to Kenya and Rwanda, particularly for fertilisers and chemicals. The East African Community (EAC) member states require adherence to unified technical standards, encompassing heavy metal testing, multi-language labelling, and local quality and registration certificates. For Central Asian nations, the report includes procedures for exporting pharmaceuticals and medical devices to Uzbekistan and Kazakhstan. The report includes mandatory registration with relevant health ministries and obtaining conformity certificates from the Eurasian Economic Union (EAEU), alongside Uzbek language labelling and the implementation of digital tracking systems like "Asl Belgisi." The report forms part of an ongoing series from the JCI's Studies and Strategies Department, designed to enable national industries to expand into international markets, thereby boosting the value-added contribution of exports to Jordan's Gross Domestic Product.
Jordan Times
5 days ago
- Business
- Jordan Times
JCI issues report on boosting national exports to global markets
AMMAN — The Jordan Chamber of Industry (JCI) on Thursday issued an analytical report designed to bolster industrial export competitiveness and expand the national product's footprint in global markets. The comprehensive report includes technical and regulatory requirements for entering several promising, non-traditional export destinations, the Jordan News Agency, Petra, reported. The publication complements an earlier report, "Promising Markets for Jordanian Industry," which identified an estimated $7.4 billion in untapped export opportunities worldwide. JCI Director General Hazem Rahahleh underscored the report's role in the chamber's strategy to build an "integrated" framework supporting export decision-making. He stressed that global market success transcends "mere" product quality, hinging critically on manufacturers' capacity for international compliance and their grasp of market-specific legislation. Rahahleh highlighted the JCI's commitment to enhancing its analytical and networking tools, in "direct" alignment with the national objectives articulated in Jordan's Economic Modernisation Vision (EMV). The report serves as a practical guide, empowering Jordanian industrialists to navigate the regulatory, health and technical prerequisites for market access, ultimately aiming to diversify and expand Jordan's export base geographically. It provides focused insights into strategic and emerging markets, including the US, the EU, Kenya, Rwanda, Uzbekistan and Kazakhstan. It also analyses key sectors for competitive advantage include food products, chemicals, plastics, pharmaceuticals and medical supplies. For the US market, the report highlights "essential" food export requirements, stressing the Food and Drug Administration (FDA) registration, compliance with the Food Safety Modernisation Act (FSMA), implementation of the Foreign Supplier Verification Programme (FSVP), a food safety plan, and adherence to labelling mandates. Regarding the EU, the report includes technical and environmental regulations governing chemical and plastic exports, such as traceability systems, packaging and environmental safety standards. It also addresses specific requirements for certain food products like potato chips and dairy, including acrylamide reduction protocols and veterinary oversight, aligning with international Codex specifications. In Africa, the report clarifies technical prerequisites for exports to Kenya and Rwanda, particularly for fertilisers and chemicals. The East African Community (EAC) member states require adherence to unified technical standards, encompassing heavy metal testing, multi-language labelling, and local quality and registration certificates. For Central Asian nations, the report includes procedures for exporting pharmaceuticals and medical devices to Uzbekistan and Kazakhstan. The report includes mandatory registration with relevant health ministries and obtaining conformity certificates from the Eurasian Economic Union (EAEU), alongside Uzbek language labelling and the implementation of digital tracking systems like "Asl Belgisi." The report forms part of an ongoing series from the JCI's Studies and Strategies Department, designed to enable national industries to expand into international markets, thereby boosting the value-added contribution of exports to Jordan's Gross Domestic Product.
Zawya
16-07-2025
- Business
- Zawya
Jordan: Engineering industry sector continues to grow, achieve ‘record' exports
AMMAN — The Jordan Chamber of Industry (JCI) announced on Tuesday that total exports reached JD1.4 billion last year, recording an increase of 6 per cent in exports in the first quarter of 2025, compared with the same period last year, reflecting a continuous "upward" momentum in the performance of the sector. Jordan's engineering, electrical, and information technology industries continue to make a "distinguished" mark in local and international markets in recent years, and making a "significant" and "clear" contribution to the national economy, the Jordan News Agency, Petra, reported. The sector encompasses a "wide range" of advanced industries, most notably household electrical appliances, air conditioning and refrigeration, motors and lifting equipment, wires and cables, technological and electronic products, metal forming, metal structures, industrial machinery and equipment, as well as jewellery. According to statistical data from the JCI, the sector represents around 12 per cent of the Kingdom's total manufacturing output and contributes about 1.6 per cent to the gross domestic product (GDP), while providing over 35,000 "direct" job opportunities through around 4,800 industrial facilities. The sector witnesses diversification in its export markets, led by the US with 45 per cent of exports, followed by Iraq at 11.3 per cent, Saudi Arabia at 7.8 per cent, and the United Arab Emirates at 3.8 per cent, according to JCI. The sector is considered one of the "most prominent" candidates to lead the technological transformation in the Jordanian industry, given its overlap with smart and digital sectors, making it an essential part of the Economic Modernisation Vision (EMV), especially in the priority sectors pillar aimed at enhancing competitiveness and sustainability. Statistical data indicated that the volume of existing production in the sector exceeds JD2 billion annually, with added value reaching JD620 million, with a registered capital of JD1.3 billion. The JCI noted that the "advanced" performance of the engineering, electrical industries and information technology sector reflects the success of Jordanian industrial policies and opens opportunities for more technological investments and global alliances, especially in light of the ongoing EMV and technical development witnessed by the sector. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. ( JT
Zawya
11-07-2025
- Business
- Zawya
Jordan's industrial exports rise 8% in first third of 2025
AMMAN — Jordan's industrial exports grew by 8 per cent in the first third of 2025, reaching JD2.5 billion compared with JD2.3 billion during the same period last year, data released by the Jordan Chamber of Industry (JCI) showed on Wednesday. Industrial exports accounted for 93.4 per cent of the Kingdom's total national exports, which stood at JD2.7 billion between January and April, the Jordan News Agency, Petra, reported. The export coverage ratio, reflecting the extent to which exports cover imports, reached 39.2 per cent for industrial goods, while total national exports covered 42 per cent of imports during the same period. JCI reported that industrial exports hit their highest level for this time of year in recent years. The strongest monthly growth was recorded in February, with exports climbing 18 per cent to JD648 million, compared with JD549 million in February 2024. Eight of 10 industrial sub-sectors saw an increase in exports. Chemical industries led all sectors with JD575 million in exports, followed by the garments and leather sector at JD527 million and engineering and electrical products at JD505 million. Other key export figures included mining industries with JD329 million, food and supply industries with JD307 million, plastics and rubber with JD56 million, packaging and paper products with JD46 million, and construction materials with JD46 million. Meanwhile, two sectors recorded declines, where exports of pharmaceuticals and medical supplies dropped 8 per cent to JD168 million, while wood and furniture exports declined 9 per cent to JD12 million. Jordan's leading industrial exports during the period included clothing, nitrogen-based and chemical fertilisers, phosphate, jewellery, pharmaceutical products, and other chemical goods. In terms of export destinations, Arab countries ranked first, receiving JD1.142 billion worth of industrial exports. North America followed with JD728 million, and South Asia with JD300 million. Exports to the European Union totalled JD140 million, followed by East Asia with JD110 million, non-Arab African countries with JD56 million, and South America with JD10 million. The US was the top single-country importer of Jordanian industrial goods, receiving JD701 million worth of exports. It was followed by Saudi Arabia with JD337 million, Iraq with JD273 million, the UAE with JD90 million, China with JD76 million, Palestine with JD53 million, and Egypt with JD52 million. The industrial sector comprises some 18,000 production facilities across the country, including 16,200 craft establishments and 1,800 larger industrial plants. The sector collectively manufactures more than 1,500 products across various industries. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
