National exports drop by 12.7 per cent in Q1, imports rise by 4 per cent

AMMAN — Jordan’s national exports dropped at the end of the first quarter of this year by 12.7 per cent, while the country's imports rose by 4 per cent. Subsequently, the trade balance deficit rose to 13 per cent during the same period, according to the Department of Statistics (DoS) report on external trade.

Pharmaceuticals and phosphate exports rose whereas garments, potash, fertilisers, and fruit and vegetable exports went down, according to the DoS report. With regard to imports, the value of cereals, electric appliances and vehicles recorded an increase by 263 per cent, 45per cent and 20 per cent respectively, whereas oil imports saw a drop by 22 per cent.