Categories
Business & Finance

ACI exports up 43pct in 2022 at JD7.5bln

Amman, Exports by factories registered with the Amman Chamber of Industry (ACI) picked up by 43 percent in 2022 to a total of JD7.577 billion against JD5.296 billion in 2021, according to a report the Chamber released on Monday.

In its report, the chamber said exports of the sub-industrial sectors have seen a 4-percent growth for the leather and knitting industries and an 89-percent for the mining industries.

More than half of the exports by factories registered with the ACI went to India, the United States, Saudi Arabia, and Iraq totaling JD3.936 billion. Exports to Arab countries constituted 40.3 percent of the total exports totaling JD3.1 billion, signaling a growth rate of 32.7 percent compared to 2021.

The Chamber’s exports from the mining industries sector during the past year amounted to JD2.6 billion, signaling a growth rate of 89 percent compared to 2021, followed by the chemical and cosmetic industries sector, which reached about JD1.4 billion in 2022, up by 28 percent, the engineering industries sector, up by 48 percent, to JD909 million, and foodstuffs, agricultural, and livestock industries, which amounted to JD700 million in 2021.

Source: Jordan News Agency

Categories
Business & Finance

ACC’s exports hit JD885mln in 2022

Amman, The value of certificates of origin issued by the Amman Chamber of Commerce (ACC) in 2022 to export goods and commodities to Arab and foreign countries increased by 19.6 percent, reaching JD885 million, compared to JD740 million in 2021.

According to ACC’s statistical data announced Monday, the number of ACC-issued certificates of origin in the last year reached 34,309, compared to 35,866 in 2021.

Over the last year, the ACC’s certificates targeted many countries, primarily Saudi Arabia with 8,380, then Kuwait with 6,453, the United Arab Emirates with 4,468, Iraq with 1,415, and Egypt with 1,068.

In terms of value, exports to Iraq amounted to JD251 million, while Egypt stood at JD109 million, followed by Saudi Arabia with JD104 million, the United Arab Emirates with JD94 million, and Kuwait with JD36 million, ACC figures showed.

With regard to re-exports of foreign products, their value totaled about JD406 million, while industrial, agricultural, and Arab products’ exports reached JD210 million, about JD159 million, and about JD71 million, respectively. According to ACC’s statistical data, the rest went to many other products.

ACC issues certificates of origin for Jordanian agricultural and animal products, raw Jordanian natural resources, re-exported foreign goods, and foreign goods purchased from the local market under specific conditions.

It also issues certificates for Jordanian industrial products at the exporter’s request, based on an original factory invoice certified by a Jordanian industry chamber proving that goods have a Jordanian origin.

Source: Jordan News Agency

Categories
Judicial

King receives delegation from Business Executives for American National Security Group

Amman, His Majesty King Abdullah on Monday received a delegation from the Business Executives for American National Security Group (BENS) at Al Husseiniya Palace.

King Abdullah commended the strong, strategic relations between Jordan and the United States, expressing keenness to further enhance relations across all sectors, according to a Royal Court statement.

At the meeting, His Majesty highlighted the importance of expanding cooperation to counter joint global challenges, especially those connected to food security, energy, and climate change, it said.

The meeting also covered regional and international developments, foremost of which is the Palestinian cause, the statement said.

BENS is a nonprofit, nonpartisan US-based network of business and industry executives who apply best business practices to address security challenges facing the United States.

Deputy Prime Minister and Foreign Minister Ayman Safadi and Director of the Office of His Majesty Jafar Hassan attended the meeting.

Source: Jordan News Agency