Kingdom's oil imports drop by 11.3% in first nine months of 2024

AMMAN — Jordan's imports of crude oil, petroleum derivatives, jewellery, grains, and electrical machinery declined during the first nine months of 2024, limiting the overall rise in imports. The Department of Statistics (DoS) said on Wednesday that the value of crude oil, petroleum derivatives, and mineral oil imports decreased by 11.3 per cent during this period, amounting to JD 2.023 billion compared with JD 2.280 billion in the same timeframe last year. Fuel and mineral oils accounted for the largest share of petroleum imports, followed by crude oil, gasoline, diesel, lubricants, and kerosene, the Jordan News Agency, Petra, reported.  Despite the drop in oil-related imports, The Kingdom's overall imports increased by 0.8 per cent, reaching JD 14.012 billion by the end of September, compared with JD 13.894 billion during the same period in 2023.