ACC sees 54.3% increase in value of export certificates in first 10 months of 2023

AMMAN — The value of certificates of origin issued by the Amman Chamber of Commerce (ACC) for the export of goods to both Arab and other countries increased by 54.3 per cent in the first 10 months of 2023, compared with the same period in 2022.

According to ACC figures, the value of certificates of origin in the January-October period of this year reached JD1.143 billion, compared with JD741 million in the corresponding period of 2022, the Jordan News Agency, Petra, reported.

The data revealed that the number of certificates of origin issued by the chamber during the first 10 months of 2023 amounted to 30,600 certificates, compared with 30,514 certificates for the same period last year, increasing by 0.3 per cent.

These certificates of origin have been directed to multiple countries, with Saudi Arabia topping the list with 7,827 certificates, followed by the United Arab Emirates with 3,347, Iraq with 1,812, Egypt with 923 and Switzerland with 16 certificates.

The exports have been distributed to various countries, with Iraq receiving goods worth JD482 million, the United Arab Emirates with JD161 million, Saudi Arabia with JD90 million, Egypt receiving some JD80 million and Switzerland with a value of JD73 million.

According to statistical data, foreign product exports (re-exports) amounted to JD487 million, industrial products stood at JD153 million, agricultural products at JD148 million, Arab products at JD135 million and the remaining portion represented other products.

The ACC issues certificates of origin for agricultural, animal, and natural raw resources, as well as for foreign goods intended for re-export and foreign goods purchased from the local market subject to specific conditions.