\n\tRIYADH: Jordan\u2019s total exports rose 14.5 percent year on year in the first half of 2026, while the trade deficit narrowed as export growth outpaced the increase in imports, official data showed. \u00a0<\/p>\n
\n\tAccording to data from the Department of Statistics, total exports reached 6.41 billion Jordanian dinars\u00a0($9.04 billion) in the six months through June, comprising 4.67 billion dinars\u00a0in national exports and 1.75 billion dinars in re-exports, Petra reported, citing the department\u2019s monthly foreign-trade report.\u00a0<\/p>\n
\n\tNational exports increased 6.2 percent, while re-exports surged 44.6 percent from the same period a year earlier. Imports rose at a slower pace, increasing 6.1 percent to 10.26 billion dinars. That narrowed the trade deficit by 5.5 percent, or 226 million dinars, to 3.85 billion dinars. Export coverage of imports improved to 63 percent from 58 percent a year earlier.\u00a0<\/p>\n
\n\tJordan\u2019s Economic Modernisation Vision identifies exports and international markets as key elements of its economic-growth strategy, with high-value industries including mining, chemicals, pharmaceuticals, food products and logistics among its priority sectors. The second phase of the vision covers 2026-29 and builds on progress made during the first phase. \u00a0<\/p>\n
\n\t\u201cThe increase in national exports was anchored by notable increases in crude potash, up 30.7 percent, fertilizers, up 14.1 percent, and apparel and accessories, up 3.0 percent. These gains offset declines in raw phosphate exports, which dropped 7.2 percent, and fine jewelry, which fell 9.8 percent,\u201d Petra reported. \u00a0<\/p>\n
\n\tIt added: \u201cExport growth was largely buoyed by expanded shipments to Syria, non-Arab Asian nations including China, and European Union markets led by the Netherlands.\u201d\u00a0<\/p>\n
\n\tThe data point to continued diversification in Jordan\u2019s export markets as the country seeks to expand its presence in regional and international markets.\u00a0<\/p>\n
\n\tOil imports surge\u00a0<\/p>\n
\n\tOn the import side, purchases of crude oil and petroleum products jumped 58.1 percent, while grain imports increased 10 percent.\u00a0<\/p>\n
\n\tImports of machinery and tools fell 23.6 percent, while purchases of precious jewelry declined 19.8 percent. Imports of vehicles and cycles fell 5.9 percent, and electrical machinery and equipment declined 2.4 percent. \u00a0<\/p>\n
\n\tSaudi Arabia, the US and China were among Jordan\u2019s main sources of imports, according to the data.\u00a0<\/p>\n
\n\tJordan signs $340m ADFD agreements\u00a0<\/p>\n
\n\tSeparately, Jordan signed two agreements worth $340 million with the Abu Dhabi Fund for Development, including $300 million in financing to support the government\u2019s general budget and a $40 million contract to build and equip five public vocational and technical schools.\u00a0<\/p>\n
\n\tJordanian Planning and International Cooperation Minister Zeina Toukan and ADFD Director General Mohammed Saif Suwaidi signed the agreements during the fund chief\u2019s visit to Jordan.\u00a0<\/p>\n
\n\tThe five schools will be built in Amman, Mafraq, Jerash and Irbid, according to Petra. The $40 million project is financed through an ADFD grant and forms part of the government\u2019s Economic Modernisation Vision and its 2026-29 executive program.\u00a0<\/p>\n
\n\tThe ADFD has also committed $70 million to supply natural gas to Rawda Industrial City in Ma\u2019an and Muwaqqar Industrial City, according to Petra. Studies are underway for a separate project to extend gas supplies to the King Hussein Bin Talal Development Area in Mafraq.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"RIYADH: Jordan\u2019s total exports rose 14.5 percent year on year in the first half of 2026, while the…\n","protected":false},"author":2,"featured_media":751880,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-751879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/751879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=751879"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/751879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/751880"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=751879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=751879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=751879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}