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Jordan’s trade with GAFTA nations at JD654mln-DoS

Volume of Jordan’s trade exchange with Greater Arab Free Trade Area (GAFTA) countries reached about JD654 million during last January, compared to JD510 million in the same period last year. According to foreign trade data issued by the Department of …

Volume of Jordan’s trade exchange with Greater Arab Free Trade Area (GAFTA) countries reached about JD654 million during last January, compared to JD510 million in the same period last year. According to foreign trade data issued by the Department of Statistics (DoS), the value of national exports to the GAFTA nations increased during last January by 26.8% to reach about JD205 million, compared to JD161 million for the same period last year. The value of the Kingdom’s imports from GAFTA countries rose during last January, by 28.5% to reach JD449 million, compared to the same period last year, which amounted to about JD349 million, the DoS figures showed. According to statistical data, the Kingdom’s trade balance deficit with GAFTA countries amounted to about JD244 million during last January, compared to about JD188 million for the same period last year. Saudi Arabia was the top importer of Jordanian exports to the GAFTA countries last January, reaching about JD71 million, and also topped the list of countries exporting to Jordan, as the value of the Kingdom’s imports from Saudi Arabia amounted to approximately JD269 million.

Source: Jordan News Agency