Khaberni - A report from the Department of Statistics indicated an increase in national exports by 11.7%, and re-exports by 10.4%, leading to a total export increase of 11.6% compared to the same period in 2024.
The monthly report on foreign trade in Jordan clarified that this growth coincided with an increase in imports by 6.6%, thus increasing the trade deficit by 2.2% during the first quarter of 2025 compared to the same period in 2024.
The total value of exports during this period amounted to 2.306 billion Jordanian Dinars, where national exports constituted 2.093 billion Jordanian Dinars, and re-exports 213 million Jordanian Dinars, while the value of imports reached 4.679 billion Jordanian Dinars during the same period.
Consequently, the trade deficit (which represents the difference between the total value of exports and the value of imports), reached 2.373 billion Jordanian Dinars during the first quarter of 2025, compared with 2.323 billion Jordanian Dinars in the corresponding period of 2024.
On a monthly level, the total value of exports during March 2025 amounted to 856 million Jordanian Dinars, including 784 million Jordanian Dinars of national exports and 72 million Jordanian Dinars of re-exports, while the imports amounted to 1.614 billion Jordanian Dinars, leading to a trade deficit of 758 million Jordanian Dinars in March 2025.
This reflects a clear improvement with the total exports rising by 16.0% compared to the same month in 2024, the national exports by 18.4%, and imports by 4.2%, while re-exports decreased by (5.3%), resulting in a decrease in the trade deficit by (6.5%).
- The coverage ratio of exports to imports -
The total export coverage ratio for imports was 49% during the first quarter of 2025, compared to a ratio of 47% for the same period in 2024, an increase of two percentage points. For the month of March alone, the coverage ratio reached 53% compared to 48% in the same month of 2024, an increase of five percentage points.
The rise in national exports included "clothing and accessories," "nitrogenous or chemical fertilizers," "precious jewelry and gems," "raw potash," supporting national exports despite a decline in exports of "pharmaceutical preparations," "raw phosphate." On the import side, the value of "machinery and mechanical appliances," "electrical machinery," "precious jewelry and gems," "grains," increased, but a decrease in imports of "crude oil and its derivatives," "vehicles and motorcycles," contributed to limiting the rise in imports further.
National exports increased to countries in the Greater Arab Free Trade Area including Saudi Arabia, countries of the North American Free Trade Agreement including the United States, non-Arab Asian countries such as India, as well as countries of the European Union including the Netherlands.
On the import side, there was an increase from countries in the Greater Arab Free Trade Area including Saudi Arabia, from countries of the North American Free Trade Agreement including the United States, non-Arab Asian countries including China, and European Union countries such as Italy.
