National exports increase by 43.4% and Imports by 35.8% during the first five months of 2022
The monthly report of external trade issued by the Department of Statistics indicate that the value of total exports reached JD.3362.7 million during the first five months of 2022 [i.e., an increase by 41.2% compared with the same period of 2021]. Meanwhile, the national exports value reached JD.3073.5 Million during the first five months of 2022 [i.e. an increase by 43.4% compared with the same period of 2021]. The value of re-exports reached JD 289.2 million during the first five months of 2022 which indicates an increase by 21.2% as compared with the same period of 2021. The imports value reached JD.7513.0 million during the first five months of 2022, thus increasing by 35.8% compared with the same period of 2021.
Hence the deficit in the trade balance, which is calculated by deducting the value of imports from the value of total exports, has reached JD.4150.3 million therefore, the deficit has increased during the first five months of 2022 by 31.7% compared with the same period of 2021. The imports coverage by total exports has become 43.1% during the first five months of 2021, while it was 44.8% for the same period of 2022, which means an increase by 1.7 percentage points.
