Latest news with #nationalExports
Zawya
23-05-2025
- Business
- Zawya
Jordan: National exports rise 11.6% in Q1 2025, value $3bln
AMMAN — Jordan's total exports increased by 11.6 per cent during the first quarter of 2025 compared with the same period last year, driven by an 11.7 per cent increase in national exports and a 10.4 per cent rise in re-exports, according to figures released by the Department of Statistics (DoS). The DoS monthly report on foreign trade also highlighted a 6.6 per cent rise in imports, which in turn contributed to a 2.2 per cent increase in the trade deficit during the first quarter of 2025 compared to the same period in 2024. Total exports during this period reached JD 2.306 billion, with national exports amounting to JD 2.093 billion and re-exports totalling JD 213 million, while imports stood at JD 4.679 billion for the same period. The trade deficit, defined as the gap between the value of total exports and imports, amounted to JD 2.373 billion in the first quarter of 2025, up from JD 2.323 billion during the corresponding period of 2024. In March 2025 alone, total exports amounted to JD 856 million, including JD 784 million in national exports and JD 72 million in re-exports, while Imports valued at JD 1.614 billion, resulting in a trade deficit of JD 758 million for March 2025. These figures reflect a notable improvement, with total exports increasing by 16.0 per cent compared to March 2024, and national exports rising by 18.4 per cent. Imports also grew by 4.2 per cent, while re-exports declined by 5.3 per cent, leading to a 6.5 per cent decrease in the trade deficit.
Jordan Times
22-05-2025
- Business
- Jordan Times
National exports rise 11.6% in Q1 2025, value JD 2.306 billion
The Department of Statistics says that total exports during the first quarter of 2025 increased by 11.6 per cent to reach JD2.306 billion (Photo courtesy of Aqaba Container Terminals) AMMAN — Jordan's total exports increased by 11.6 per cent during the first quarter of 2025 compared with the same period last year, driven by an 11.7 per cent increase in national exports and a 10.4 per cent rise in re-exports, according to figures released by the Department of Statistics (DoS). The DoS monthly report on foreign trade also highlighted a 6.6 per cent rise in imports, which in turn contributed to a 2.2 per cent increase in the trade deficit during the first quarter of 2025 compared to the same period in 2024. Total exports during this period reached JD 2.306 billion, with national exports amounting to JD 2.093 billion and re-exports totalling JD 213 million, while imports stood at JD 4.679 billion for the same period. The trade deficit, defined as the gap between the value of total exports and imports, amounted to JD 2.373 billion in the first quarter of 2025, up from JD 2.323 billion during the corresponding period of 2024. In March 2025 alone, total exports amounted to JD 856 million, including JD 784 million in national exports and JD 72 million in re-exports, while Imports valued at JD 1.614 billion, resulting in a trade deficit of JD 758 million for March 2025. These figures reflect a notable improvement, with total exports increasing by 16.0 per cent compared to March 2024, and national exports rising by 18.4 per cent. Imports also grew by 4.2 per cent, while re-exports declined by 5.3 per cent, leading to a 6.5 per cent decrease in the trade deficit.
Jordan Times
07-05-2025
- Business
- Jordan Times
National exports rise by 8.1% in first 2 months of 2025
The Department of Statistics on Wednesday says that the value of Jordan's national exports rose to JD1.309 billion by the end of February 2025 compared with JD1.211 billion during the same period last year (JT file) AMMAN — Jordan's national exports rose by 8.1 per cent by the end of February 2025, reaching JD1.309 billion compared with JD1.211 billion during the same period last year, according to the monthly report issued on Wednesday by the Department of Statistics. The report also showed that the total exports grew by 9.1 per cent to JD1.449 billion, up from JD1.323 billion in the first two months of 2024, the Jordan News Agency, Petra, reported. Re-exports also saw a 'notable' increase of 19.7 per cent to JD140 million, compared with JD117 million for the same period last year. The value of imports increased by 7.9 per cent, reaching JD3.065 billion, up from JD2.840 billion year-on-year. As a result, the Kingdom's trade balance deficit, the difference between imports and total exports, widened by 6.9 per cent to JD1.616 billion, compared with JD1.512 billion in the same period of 2024. The export coverage ratio remained steady at 47 per cent. In February alone, total exports reached JD747 million, comprising JD675 million in national exports and JD72 million in re-exports. Imports stood at JD1.442 billion, resulting in a monthly trade deficit of JD695 million. Compared with February 2024, total exports in 2025's February rose by 18 per cent, with national exports increasing by 17.8 per cent and re-exports by 20 per cent. Imports declined by 5.3 per cent, leading to a 21.8 per cent drop in the monthly trade deficit. The export coverage ratio for imports improved 'significantly' in February, reaching 52 per cent, up from 42 per cent during the same month of 2024, a 10-percentage-point increase.
