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Jordan News
7 days ago
- Business
- Jordan News
JD 2.849 Billion – Amman's Industrial Exports in First Five Months of 2025 - Jordan News
Amman Chamber of Industry exports continued their upward momentum in 2025, reflecting the resilience of Jordanian industry in overcoming challenges and expanding its presence in export markets. اضافة اعلان During the first five months of 2025, the Chamber's exports grew by 12.2% compared to the same period in 2024, reaching JD 2.849 billion, up from JD 2.540 billion. Sector Performance Most industrial sectors experienced export growth during this period, with the exception of: Wood, furniture: ↓ 14% Packaging, paper, office supplies: ↓ 9.2% On the other hand, exports of eight other sub-sectors increased, led by: Construction materials: ↑ 86.7% (highest) Engineering, electrical, IT: ↑ 0.5% (lowest) Top Export Destinations India, the United States, Saudi Arabia, and Iraq accounted for over JD 1.635 billion, more than half of the total exports. India: ↑ 14.7% to JD 395 million Saudi Arabia: ↑ 7.2% to JD 352 million Iraq: ↑ 4.8% to JD 381 million United States: ↓ 5.1% to JD 507 million (still the top importer) Notably, exports to: Syria: ↑ 302.1% to JD 114 million (from JD 28 million in 2024) Palestine: ↑ 21% to JD 69 million Geographic Distribution Arab countries: JD 1.396 billion Non-Arab Asian countries: JD 566 million North America: JD 528 million European Union: JD 148 million Africa: JD 82 million Non-EU Europe: JD 79 million South America: JD 20 million Other countries: JD 27 million Sector Breakdown (First Five Months of 2025) Mining industries: JD 610 million Chemicals & cosmetics: JD 532 million Engineering, electrical & IT: JD 444 million Food, agriculture & livestock: JD 417 million Medical & healthcare: JD 273 million Textiles & leather: JD 247 million Plastics & rubber: JD 130 million Packaging & office supplies: JD 102 million Construction materials: JD 87 million Wood & furniture: JD 8 million Founded in 1962, the Amman Chamber of Industry currently includes 8,600 industrial establishments, employing around 159,000 workers, with total capital reaching JD 5 billion.
Zawya
08-04-2025
- Business
- Zawya
Jordan attracts $1.637bln worth of foreign direct investments in 2024
AMMAN — Jordan recorded net foreign direct investment (FDI) inflows of $1.637 billion in 2024, accounting for 3.1 per cent of the Kingdom's gross domestic product (GDP), according to preliminary balance of payments data. Arab countries were the dominant source, contributing 64.8 per cent of total FDI. The Gulf Cooperation Council (GCC) countries alone led the way with 32.5 per cent, with Kuwait emerging as the top investor with 9.1 per cent. Saudi Arabia followed with 8.2 per cent, the United Arab Emirates with 7.1 per cent and Qatar with 4.5 per cent. European countries accounted for 21.4 per cent of total inflows. The United Kingdom led with 8.3 per cent, while EU countries contributed 7.1 per cent. Within the bloc, France stood out with 3.8 per cent of the total, the Jordan News Agency, Petra, reported. Non-Arab Asian countries accounted for 5.2 per cent of investment flows, mainly driven by India at 2.6 per cent and China at 2.4 per cent, while the remaining 8.7 per cent originated from various other countries. In terms of sectors, finance and insurance attracted the most investment with 23.4 per cent of total inflows. Information and communication followed with 10 per cent, while mining and quarrying attracted 9.1 per cent, transport and storage 8.4 per cent, wholesale and retail trade 7.7 per cent and manufacturing 7.6 per cent. Real estate remained a strong attraction for foreign investors, with non-Jordanian individuals investments in land and real estate accounting for 19.1 per cent of the year's total FDI.
Jordan Times
07-04-2025
- Business
- Jordan Times
Jordan attracts$1.637b worth of foreign direct investments in 2024
Jordan attracts net foreign direct investment (FDI) of $1.637 billion in 2024, accounting for 3.1 per cent of the Kingdom's gross domestic product (GDP), according to preliminary balance of payments data (JT file) AMMAN — Jordan recorded net foreign direct investment (FDI) inflows of $1.637 billion in 2024, accounting for 3.1 per cent of the Kingdom's gross domestic product (GDP), according to preliminary balance of payments data. Arab countries were the dominant source, contributing 64.8 per cent of total FDI. The Gulf Cooperation Council (GCC) countries alone led the way with 32.5 per cent, with Kuwait emerging as the top investor with 9.1 per cent. Saudi Arabia followed with 8.2 per cent, the United Arab Emirates with 7.1 per cent and Qatar with 4.5 per cent. European countries accounted for 21.4 per cent of total inflows. The United Kingdom led with 8.3 per cent, while EU countries contributed 7.1 per cent. Within the bloc, France stood out with 3.8 per cent of the total, the Jordan News Agency, Petra, reported. Non-Arab Asian countries accounted for 5.2 per cent of investment flows, mainly driven by India at 2.6 per cent and China at 2.4 per cent, while the remaining 8.7 per cent originated from various other countries. In terms of sectors, finance and insurance attracted the most investment with 23.4 per cent of total inflows. Information and communication followed with 10 per cent, while mining and quarrying attracted 9.1 per cent, transport and storage 8.4 per cent, wholesale and retail trade 7.7 per cent and manufacturing 7.6 per cent. Real estate remained a strong attraction for foreign investors, with non-Jordanian individuals investments in land and real estate accounting for 19.1 per cent of the year's total FDI. Page 2
Jordan News
15-03-2025
- Business
- Jordan News
38% Share of Asian Countries in Imports to Jordan - Jordan News
Non-Arab Asian countries accounted for the largest share of suppliers to Jordan last year, with imports valued at 7.276 billion dinars, according to the matrix of major trade partners and economic blocs issued by the Department of Statistics. اضافة اعلان An analysis by Al-Ghad of the latest foreign trade figures showed that imports from these countries represented 38% of Jordan's total imports, which amounted to 19.110 billion dinars. It is noteworthy that the total value of Jordan's imports increased by 4.5% last year, reaching 19.110 billion dinars compared to 18.288 billion in the same period of 2023. According to official figures from the Department of Statistics, the value of imports from non-Arab Asian countries decreased by 0.4% last year, amounting to 7.276 billion dinars, compared to 7.302 billion dinars in the same period of 2023. This included imports worth 660 million dinars from India. 5.078 Billion Dinars in Imports from Arab Countries In second place, the countries of the Greater Arab Free Trade Area were the second-largest suppliers to Jordan last year, with imports valued at 5.078 billion dinars, making up 27% of total imports. The value of imports from the Arab Free Trade Area increased by 48% last year, reaching 5.078 billion dinars, compared to 4.693 billion dinars in the same period of 2023, with imports of 2.912 billion dinars from Saudi Arabia. 2.816 Billion Dinars in Imports from the European Union The European Union countries ranked third, accounting for 15% of Jordan's total imports last year. Imports from the EU decreased by 0.5% last year, amounting to 2.816 billion dinars, compared to 2.874 billion dinars in the same period of 2023. This included imports worth 267 million dinars from France. 1.423 Billion Dinars in Imports from North American Countries In fourth place, countries under the North American Free Trade Agreement (NAFTA) accounted for 7% of Jordan's total imports last year. According to official figures, imports from NAFTA countries increased by 11% last year, reaching 1.423 billion dinars, compared to 1.283 billion dinars in the same period of 2023, with imports of 1.331 billion dinars from the United States. Other Economic Blocs Other economic blocs accounted for 12% of Jordan's total imports, valued at 2.472 billion dinars, including 450 million dinars from Brazil. Top Imported Goods As for the list of imported goods last year, crude oil and its derivatives and mineral oils ranked first with a value of 2.651 billion dinars, followed by vehicles and bicycles and their parts, worth 1.844 billion dinars. Other notable imports included machinery, tools, and their parts (1.346 billion dinars), precious jewelry and gems (1.111 billion dinars), electrical machinery and parts (962 million dinars), grains (675 million dinars), and other materials (10.521 billion dinars).
