Khaberni - A report by the Jordan Chamber of Industry reveals that exports from the mining industries sector reach 61 countries worldwide, with India holding 44 percent of them.
According to the report prepared by the Department of Studies and Policies at the Chamber, Indonesia ranks second in terms of countries receiving Jordanian mining exports by 9 percent, followed by China 7 percent, Egypt 6 percent, and Brazil 5 percent, showcasing the competitiveness of Jordanian products in the global markets.
The report points out that exports from the sector have increased by 12 percent during the past nine months of this year, reaching 859 million dinars compared to 768 million dinars for the same period last year.
The report states that the mining industries sector is one of the main pillars of the national economy, as it is a major source of raw materials and intermediate components that enter various industrial processes, contributing to enhancing the efficiency and quality of national products and boosting their competitiveness in the local and international markets.
The sector is considered one of the most important industrial sectors nationally, with phosphate and raw potash being the prominent natural resources of Jordan, besides its distinction in using advanced scientific methods in the extraction and mining of materials and converting them into products for export or domestic consumption.
The report also indicates that the mining industries are a driver for local and foreign investments, covering the local market demand for raw, intermediate, and finished products, and includes diverse sub-sectors such as phosphate, potash, chemical minerals, extraction stones and sands, and limestone mining for producing calcium carbonate.
The report adds that the mining industries sector covers about 98 percent of the volume of domestic consumption valued at 300 million dinars, which is the highest ratio among Jordanian industrial sectors, thus reducing dependence on imports and enhancing the local market’s capacity to meet its needs.
The report highlights that the sector achieves an annual added value amounting to 2.1 billion dinars out of a total 3 billion dinars in annual gross production, reflecting its qualitative contribution to the gross domestic product.
The report clarifies that the sector comprises over 78 industrial facilities with a capital amounting to 638 million dinars, providing about 8 thousand direct job opportunities, in addition to thousands of indirect job opportunities in the fields of transportation, logistics services, and industrial support.
The report also mentions that the mining industries sector is among the sectors targeted in the Economic Modernization Vision, which aims to increase its contribution to the gross domestic product to 2.1 percent by 2033, compared to 0.7 percent as estimated in 2021.
The Economic Modernization Vision aims to increase the employment rate within the sector to more than 27 thousand workers by the year 2033, and to increase its exports to 3.4 billion dinars, compared to one billion dinars as estimated in 2021.
The report notes that the mining industries sector has unexploited export opportunities estimated at approximately 1.140 billion dollars, distributed across calcium phosphate, natural aluminum, natural chalk, phosphate di-aluminum, and dihydrogen phosphate aluminum.
