Amman Chamber of Industry exports exceed 5 billion dinar threshold in 8 months
Amman4 min read
Share
Exports from the Amman Chamber of Industry exceeded the 5 billion dinar threshold during the first eight months of the current year, confirming the ability of Jordanian industry to adapt to regional difficulties and challenges.
According to the Chamber's statistical data, Amman's industrial exports during the first eight months of the current year reached 5.263 billion dinars, compared to 4.822 billion dinars for the same period last year, an increase of 9.2 percent.
The data, reviewed by the Jordan News Agency (Petra), showed a geographical expansion of exports, reaching new and non-traditional export markets in many African, European, and non-Arab Asian countries.
Overall, industrial sectors recorded growth in their exports during the same period, with the exception of the leather and garment sector, and the engineering, electrical, and information technology sector, which declined by 0.3 percent and 9.4 percent, respectively.
Conversely, the packaging, paper, cardboard, and office supplies sector, and the chemical and cosmetics sector were the fastest growing in exports during the same period, with 41.1 percent and 28.6 percent growth, respectively.
According to the statistical data, four Arab and foreign countries accounted for more than half of Amman's industrial exports during the same period: India, Iraq, the United States of America, and Saudi Arabia, recording a value of 2.750 billion dinars.
The Chamber's exports to India during the first eight months of the current year recorded an increase of 1.8 percent, reaching 779 million dinars, compared to 765 million dinars for the same period last year, making it the top destination for Amman's industrial exports.
The Chamber's exports to Iraq rose during the same period of the current year by 26.2 percent, reaching about 769 million dinars, compared to 609 million dinars for the same period last year.
The statistical data also showed an increase in Amman's industrial exports to Saudi Arabia by 3.8 percent, recording 577 million dinars, compared to 555 million dinars for the same period last year.
In contrast, the Chamber's exports to the United States of America during the same period declined by 23.4 percent, falling to 625 million dinars, compared to 816 million dinars for the same period last year.
The statistical data also showed an increase in Amman Chamber of Industry exports to sisterly Syria during the same period of the current year by 16.4 percent, reaching a value of about 266 million dinars, compared to 228 million dinars for the same period last year.
The Chamber's exports to sisterly Palestine also increased during the same period of the current year by 20 percent, reaching 134 million dinars, compared to 111 million dinars for the same period last year.
The statistical data indicated that Amman's industrial exports witnessed a remarkable increase to China during the same period by 144.4 percent, recording about 204 million dinars, compared to 83 million dinars for the same period last year.
The Chamber's exports also witnessed, during the same period of the current year, an increase to many Arab and foreign countries representing various geographical regions, including: Armenia, Spain, Australia, Bahrain, the United Arab Emirates, Scotland, Sudan, Morocco, Somalia, Greece, and Belgium, in addition to other global markets.
According to the geographical distribution of the Chamber's exports during the first eight months of the current year, Arab countries came in the lead with a value of 2.669 billion dinars, followed by non-Arab Asian countries with 1.250 billion dinars, then North American countries with about 666 million dinars.
Amman's industrial exports to European Union countries during the same period reached about 337 million dinars, and to non-EU European countries 186 million dinars, while exports to African countries recorded 69 million dinars, South American countries about 37 million dinars, and other countries 49 million dinars.
According to the statistical data issued monthly based on certificates of origin, Amman's industrial exports were distributed across the following sectors: mining industries at 1.198 billion dinars, chemicals and cosmetics at 1.106 billion dinars, and food, agricultural, and livestock supplies at 714 million dinars.
Exports of the engineering, electrical, and information technology sectors reached 687 million dinars, therapeutic and medical supplies about 511 million dinars, and leather and garments 427 million dinars.
The remainder of the Chamber's exports were distributed among the sectors of packaging, paper, cardboard, and office supplies at 248 million dinars, plastics and rubber at 224 million dinars, construction at 131 million dinars, and finally wood and furniture industries at 16 million dinars.
It is noteworthy that the Amman Chamber of Industry, which was established in 1962, currently has a membership of about 8600
industrial establishments employing 159,000 workers, with a capital of about 5 billion dinars.