Trade balance deficit falls by 5 per cent in first half of year

AMMAN — The deficit in the trade balance fell by 5 per cent in the first half of this year, driven by a 4 per cent increase in the value of national exports and 2.5 per cent decrease in imports, the Jordan News Agency, Petra, reported on Monday.

A Department of Statistics report said that the value of total exports during the first third of this year amounted to JD1.660 million, an increase of 2.3 per cent compared with the same period last year and the value of national exports during that period amounted to JD 1.333 million, an increase of 4 per cent.

The value of reexports amounted to JD289 million during the first third with this year, a decrease of 5 per cent compared with the same period of 2017, and imports amounted to JD 4.590 million, a decrease of 2.5 per cent.