National exports increase by 4.0% and Imports decrease by (0.9%) during the first 7 months of 2018

National exports increase by 4.0% and Imports decrease by (0.9%) during the first 7 months of 2018

The statistical data issued by the Department of Statistics indicate that the value of total exports reached JD.3101.4 million during the first 7 months of 2018 [i.e., an increase by 4.6% compared with the same period of 2017]. Meanwhile, the national exports value reached JD.2583.9 Million during the first 7 months of 2018 [i.e. an increase by 4.0% compared with the same period of 2017]. The value of re-exports reached JD 517.5 million during the first 7 months of 2018 which indicates an increase by (7.5%) as compared with the same period of 2017. The imports value reached JD.8237.9 million during the first 7 months of 2018, thus decreasing by (0.9%) compared with the same period of 2017.
The deficit in the trade balance, which is calculated by deducting the value of imports from the value of total exports, has reached JD.5136.5 million therefore; the deficit has decreased during the first 7 months of 2018 by (3.9%) compared with the same period of 2017. The imports coverage by total exports has become 37.0% during the first 7 months of 2018 while it was 35.7% for the same period of 2017, which means an increase by 1.9 percentage points.
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