Department of statistics: The National exports increased by 0.1% and imports decreased by 6.0%
The Department of Statistics issued its monthly report on external trade in Jordan, which indicates that the value of total exports during the first eight months of 2023 has reached 6,084 million JDs, the value of national exports has reached 5,644 million JDs, and the re-exports has reached 440 million JDs during the first eight months of 2023 compared to the same period in 2022, while the value of imports has reached 12,296 million JDs during the same period. Therefore the deficit in the trade balance, which represents the difference between the value of total exports and the value of imports, has reached (6,212) million JDs.
Thus, the national exports have slightly increased during the first eight months of 2023 by 0.1% compared to the same period of 2022, while the imports have decreased by (6.0%) and the re-exports decreased by (6.8%), and accordingly the deficit in the trade balance decreased by (10.8%) during the first eight months of 2023 compared to the same period of 2022. The percentage of total export coverage of imports has reached 50% for the third month in a row during the first eight months of 2023, compared to 47% during the same period of 2022 with an increase of 3 percentage points.
