Jordan trade deficit for first 10 months of 2019 drops 14% from 2018: DoS

Total value of imports during the January-October period increased by 8.6%

  
Image used for illustrative purpose. High Angle View Of City Buildings During Sunset Photo Taken In Amman, Jordan.

Image used for illustrative purpose. High Angle View Of City Buildings During Sunset Photo Taken In Amman, Jordan.

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AMMAN — Jordan’s trade balance deficit for the first 10 months of 2019 totalled JD6.392 billion, marking a drop of 14 per cent in comparison with the figure recorded at the end of the same period last year, driven by a drop in the value of imports by 5.5 per cent.

According to the Department of Statistics (DoS), the total value of imports during the January-October period increased by 8.6 per cent to reach JD4.882 billion, with national exports totalling JD4.136 billion while re-exported goods totalled some JD746 million, according to the Jordan News Agency, Petra.

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