Exports of factories and businesses registered with the Amman Chamber of Industry (ACI) picked up by 53 percent to JD6.261 billion in the first ten months of 2022, compared with JD4.096 billion in the same period in 2021, according to a report released by the Chamber on Tuesday.
In its report, the Chamber said that most industrial sectors saw an increase in exports during the January-October period, ranging between 3 percent for the construction sector, and 105 percent for the higher-growth mining industries.
This rise indicates that the Chamber’s exports will reach an unprecedented historical figure by the end of this year, and the ability of the Jordanian industry to overcome difficulties and competition in the export markets, the Chamber confirmed.
The Jordanian industrial products are exported to over 142 countries around the world, with about 1,400 various commodities.
India, the U.S., Saudi Arabia and Iraq accounted for more than half of the Chamber’s exports during the first 10 months of the current year, registering a value of JD3.296 billion.
According to statistical data, the Chamber’s exports to India rose during the first ten months of 2022 to JD1.299 billion, compared to JD727 million for the same period last year, an increase of 79 percent.
The Chamber’s exports to the U.S. slightly dropped by 1 percent in the January- October period of this year to reach JD824 million, compared to JD829 million for the same period in 2021.
The Chamber’s data also showed that its exports increased during the 10-month of 2022 to Saudi Arabia by 32 percent, hitting about JD627 million, compared to JD473 million for the same period last year.
The Chamber’s exports to Iraq also rose during the reporting period to about JD546 million, compared to JD443 million for the same period last year, a 23 percent increase.
The Chamber’s exports to Syria recorded a 44 percent increase during the reporting period at JD107 million, compared to JD74 million last year. Exports to Palestine also increased by 22 percent, reaching JD145 million during the reporting period, compared to JD119 million for the same period in 2021.
The mining industries contributed JD2.225 billion to exports, followed by the chemical and cosmetics industries with JD1.279 million and the engineering, electrical, and information technology industries with JD747 million.
The export value of the catering, food, agricultural, and livestock industries reached JD587 million, followed by the therapeutic industries and medical supplies sector with JD493 million, the leather and textile industries with JD388 million, and the packaging, paper, cardboard, and office supplies industries with JD237 million.
Exports from the plastic and rubber industries totaled JD214 million, and the construction industries reached JD73 million, while exports from the wood and furniture industries hit JD17 million.
The Amman Chamber of Industry was established in 1962 and now has 8,600 industrial members employing 159,000 people. The combined capital of ACI-registered businesses is approximately JD5 billion.
Source: Jordan News Agency