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Exports to Saudi Arabia down by 20% in Q1

By JT - Jul 09,2017 - Last updated at Jul 09,2017

AMMAN — The value of Jordanian exports to north American countries have increased by 6.9 per cent in the first quarter of 2017.

According to statistics issued by the Department of Statistics, Jordanian exports to non-Arab Asian countries have also risen by 24 per cent.

Among the Asian countries is India, whose imports from Jordan have increased by 4.6 per cent.

On the other hand, the Kingdom's exports to the Greater Arab Free Trade Area (GAFTA) have dropped by 8 per cent. In particular, Saudi Arabia’s imports plummeted by 20 per cent, while the EU’s decreased by 10 per cent, including Italy which recorded a 45 per cent decline.

As for Jordanian imports, the statistics showed that the value of imports from GAFTA have increased by 13 per cent including from the UAE, whose exports to Jordan have increased by 80 per cent.

Jordan's imports from North American free trade agreement countries have increased by 71 per cent, including the US, by 77 per cent.

From non-Arab Asian countries, the Kingdom's imports have decreased by 6 per cent, including South Korea, by 17 per cent and from the EU countries by 15 per cent, including Germany, the trade volume with which dropped by 8 per cent.  

6 users have voted.


I agree. As a British expat here in Amman, I came to the conclusion that it's not a matter of temporary or permanent mental incapacitation, but a matter of confidence in the system that capital and monetary gains can be regained without insult and injury, and it's the confidence of going to the bottom and coming back up to the top that makes us realize and appreciate how resilient we are, and it should be declared, and noted, from here-on-end, that anybody who intentionally and wantonly stygmatizes anyone for admiring their self confidence and resilience, is hereby declared a danger and a deficient and must be quarantined, with wanton definition, without temperence or due dilligence, and with extreme conviction.

On Jordan, Capitalism, & The Halalism Question:

Everybody wants a cool and capital Jordan with ritzy skyscrapers and strong financial and industrial sectors, as they are cornerstone for a thriving and vibrant capital society. However, moral and ethical dilemmas arise when we study foreign capitalism and reflect inwards with our own social, moral, and ethical beliefs. The question is how do we formulate an equation for capitalism in our country that meets non-declarative moral and ethical standards that can precedent and pave new ways forward to meet the changing sentiments of the populations, without offending ourselves? Do we want to impune abuse victims under the old Chanceric capitalism system, offend the Chancery by going to the extreme, or should we be somewhere in the middle where abuse victims don't get impuned by the Chancery court under guardianships and where we don't go to the extreme of religion and beheadings, and where Chancery Court users get the proper end of the justice stick under judicial law.

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