Updated
Updated · qazinform.com · Jun 24
Jordan Cuts 4-Month Trade Deficit 13.4% to JD2.694 Billion as Exports Rise 9%
Updated
Updated · qazinform.com · Jun 24

Jordan Cuts 4-Month Trade Deficit 13.4% to JD2.694 Billion as Exports Rise 9%

1 articles · Updated · qazinform.com · Jun 24

Summary

  • JD2.694 billion marked Jordan’s trade deficit in the first four months of 2026, down 13.4% from a year earlier as the export-import coverage ratio improved to 59% from 53%.
  • JD3.865 billion in total exports drove the improvement, up 9% on a 7.3% rise in national exports and a 15.1% jump in reexports, while imports slipped 1.5% to JD6.559 billion.
  • Raw potash led export growth with a 44.7% surge, alongside gains in fertilizers, phosphate, pharmaceuticals and clothing, while jewelry and precious metals exports fell 17.1%.
  • Imports were mixed: crude oil and petroleum products climbed 30.6%, but jewelry and precious metals dropped 37.6%, machinery and tools fell 30.5%, and vehicles and motorcycles declined 10.8%.
  • April alone showed the trend strengthening, with total exports up 38.7%, reexports soaring 87.1%, and the monthly trade deficit narrowing 26.7% to JD787 million.

Insights

Jordan's trade deficit is shrinking, but its energy crisis is deepening. Is this a sustainable path to economic recovery?
As Jordan's exports boom, could a US forced labor probe derail its economic success and key trade partnerships?