National exports increase by 11.4% and Imports decrease by (1.8%) during January and February 2019
The statistical data issued by the Department of Statistics indicate that the value of total exports reached JD.857.7 million during January and February 2019 [i.e., an increase by 9.8% compared with the same period of 2018]. The national exports value reached JD.721.4 Million during January and February 2019 [i.e. an increase by 11.4% compared with the same period of 2018]. The value of re-exports reached JD 136.3 million during January and February 2019 which indicates an increase by 2.5% as compared with the same period of 2018. The imports value reached JD.2242.9 million during January and February 2019, thus decreasing by (1.8%) compared with the same period of 2018.
The deficit in the trade balance, which is calculated by deducting the value of imports from the value of total exports, has reached JD.1385.2 million therefore; the deficit has decreased during January and February 2019 by (7.8%) compared with the same period of 2018. The imports coverage by total exports has become 38.2% during January and February 2019 while it was 34.2% for the same period of 2018, which means an increase by 4.0 percentage points.
