ACC certificates of origin surge to JD1.276b with 8.9% growth in 2024

AMMAN — The value of certificates of origin issued by the Amman Chamber of Commerce (ACC) in the first 11 months of 2024 amounted to JD1.276 billion, "slightly" lower than the JD1.288 billion recorded during the same period in 2023.

The ACC said that the number of certificates issued increased by 8.9 per cent, totalling 36,342 compared with 33,379 certificates during the same period last year, according to the Jordan News Agency, Petra. 

Saudi Arabia accounted for the highest number of certificates issued, with 10,869, followed by the UAE with 3,892, Iraq with 2,493, Egypt with 1,086, and Switzerland with 25.

In terms of export value, Iraq topped the list with JD645 million, followed by Saudi Arabia with JD108 million, Egypt with JD96 million, the UAE with JD75 million, and Switzerland with JD50 million.

By product category, re-exported foreign goods represented the largest share, totalling JD639 million, followed by industrial products at JD270 million, agricultural goods at JD177 million, and Arab-origin goods at JD83 million. The remainder was distributed across other categories.

Certificates of origin are essential documents in international trade, certifying that goods in a shipment are produced, manufactured, or processed in a specific country.

Customs authorities rely on these certificates to verify the origin and eligibility of goods for import or export.

The ACC issues certificates for agricultural, livestock, and natural resource products of Jordanian origin, as well as for re-exported foreign goods and foreign goods purchased locally under specific conditions. 

Certificates for Jordanian industrial products are provided upon exporters' requests, based on original factory invoices and certified documents verifying the goods' Jordanian origin.

The process of issuing certificates is governed by Article 29 of the Jordan Chamber of Commerce Law No. 45 of 2009 and the 2013 Instructions for Issuing Certificates of Origin.