Jordan's Trade Deficit Rises by 29.2 Percent

  • Amman, Hashemite Kingdom of Jordan
  • 28 January 2022
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Jordan's trade deficit increased during the 11 months of 2021, by 29.2 percent, to reach 824.7 billion dinars, compared to the same period of the year 2020, which amounted to 056.6 billion dinars.

According to the monthly report of the Department of Statistics on Jordanian foreign trade, the value of total exports in that period of last year increased by 3.18 percent, to reach 5.997 billion dinars, compared to the same period of the year 2020, which amounted to 070.5 billion dinars. The value of exports also increased by 1.20 percent, or about 447.5 billion dinars, compared to the same period in 2020, amounting to 537.4 billion dinars.

According to the report, the value of the re-exports amounted to 550.2 million dinars, an increase of 3.3 percent, compared to the same period of the year 2020, which amounted to 533 million dinars. Imports rose in that period of last year, by 2.24 percent, and amounted to 821.13 billion dinars, compared to the same period of the year 2020, which amounted to 125.11 billion dinars.

The coverage ratio of total exports to imports was 4.43 percent, and the coverage ratio was 6.45 percent, compared to the same period in 2020, a decrease of 2.2 percentage points.

Source (Al-Dustour Jordanian Newspaper, Edited)

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