2019 ACI exports see 7% increase in first 11 months

AMMAN — The exports of the Amman Chamber of Industry (ACI) in the first 11 months of the year exceeded JD4 billion, driven by the increase in exports from seven industrial sectors.

The value of ACI exports in the January-November period of 2019 stood at JD4.142 billion, up by 7.4 per cent from the JD3.856 billion recorded during the same period of 2018, the Jordan News Agency, Petra, reported on Friday.

India, Saudi Arabia, the US and Iraq accounted for more than half of the value of the exports, amounting to some JD2.167 billion. 

The chamber's exports to India during 2019’s first 11 months reached JD627 million, making it the country to receive the most ACI exports in terms of value and marking an increase of 10 per cent compared with the JD571 million of the January-November period in 2018.

Saudi Arabia received JD546-million worth of ACI goods during the first 11 months of 2019, registering an increase of 20 per cent when compared with the same period of 2018, in which the value of exports stood at JD453 million. 

The value of the chamber's exports to the US in the January-November period of 2019 recorded an increase of 9 per cent, standing at JD505 million, up from JD463 million in 2018. 

Meanwhile, ACI exports to the Iraqi market dropped by 9 per cent to JD490 million, down from JD537 million in the first 11 months of 2018. 

Exports of the chamber included JD1.033 billion from the mining industries sector, JD844 from the chemical and cosmetics sector and JD583 million from the medical supplies sector.