Jordanian exports grew with various trading partners and economic blocs in the first quarter of 2023, reaching JD1.975 billion, compared to JD1.815 billion for the same period last year, Department of Statistics (DoS) said. According to DoS foreign trade data, value of national exports to the Greater Arab Free Trade Area (GAFTA) countries increased during January-April period 2023 by 5.5% to reach JD630 million, compared to JD597 million in 2022, driven by the increase in the volume of exports to the Saudi market, which amounted to about JD204 million. Meanwhile, value of national exports to the North American Free Trade Agreement (NAFTA countries during the first quarter of 2023 rose by 11.2% to reach about JD418 million, compared to JD376 million in 2022, the DoS figures showed. This increase is driven by an increase in the volume of Jordanian exports to the United States, which amounted to JD394 million. National exports with non-Arab Asian countries grew during the first quarter of 2023, by 10% to reach approximately JD616 million, compared to JD560 million for the same period last year, driven by an increase in the volume of Jordanian exports to India, which amounted to JD419 million, the DoS data revealed. In addition, value of Jordanian exports to European Union (EU) countries also increased in the first quarter of 2023 by 28.3% to reach about JD81 million, compared to JD63 million for the same period last year. Belgium was the top EU importer of Jordanian products, amounting to about JD18 million. As for the remaining economic blocs, volume of Jordanian exports surged in the first quarter of 2023 by 4.9% to reach about JD230 million, compared to JD219 million for the same period last year, driven by an increase in the volume of exports to the free zone, which amounted to about JD106 million.
Source: Jordan News Agency