National exports and imports increase by 2.5% and 3.1% during first third of 2017 compared with the same period of 2016
The statistical data issued by the Department of Statistics indicate that the value of total exports reached JD. 1621.7 million during the first third of 2017 [i.e., an increase by 4.4% compared with the same period of 2016]. Meanwhile, the national exports value reached JD. 1315.9 Million during the first third 2017 [i.e. an increase by 2.5% compared with the same period of 2016]. The value of re-exports reached JD.305.8 million during the first third 2017 which indicates an increase by 13.2% as compared with the same period of 2016. The imports value reached JD.4701.8 million during the first third of 2017, thus increasing by 3.1% compared with 2016.
The deficit in the trade balance, which is calculated by deducting the value of imports from the value of total exports, has reached JD.3080.1 million therefore; the deficit has increased during the first third of 2017 by 2.4% compared with the same period of 2016. The imports coverage by total exports has become 34.5% during the first third of 2017 while it was 34.1% for the same period of 2016, which means an increase by 0.4% percentage points.
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