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اقرأ بالعربية
اقرأ بالعربية

Jordan's exports to Syria surge by 383%

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Published :  
4 hours ago|
Last Updated :  
2 hours ago|

Jordan's national exports to Syria witnessed record growth during the first nine months of the current year, quadrupling by 383.3%, driven by the resumption of commercial activity and rising demand in the Syrian market.

Foreign Trade Figures

According to data from the Department of Statistics, key trade indicators for the January-September period are as follows:

Indicator

Current Period (Million Dinars)

Previous Period (Million Dinars)

Growth Rate

National Exports

174

36

383.3%

Imports

72

42

71.4%

Total Trade Volume

264

78

338.5

The total volume of trade recorded a significant increase, reaching 264 million dinars compared to 78 million dinars for the same period last year.

Key Export Categories

Jordanian exports to its northern neighbor are mainly concentrated in the following sectors:

  • Construction Materials and Building Industries: Cement, iron, marble, tiles, paints, pipes, and electrical equipment.
  • Food and Agricultural Industries.
  • Chemical Products.
  • Strategic Trade Agreements

In a related development, Minister of Industry, Trade and Supply Yaroob Qudah and his Syrian counterpart, Minister of Economy and Industry Nidal al-Shaar, reached an agreement during discussions held Monday in Damascus to further boost this growth.

The agreement stipulates "opening import and export channels between the two countries for all goods," based on the principle of "reciprocity," effective from the beginning of next year.

This move is expected to provide greater opportunities for both the public and private sectors in the two countries.