Jordan's trade deficit drops 27.6% in first 5 months of 2020

Value of total exports, national and re-exports, dropped by 10% in the January-May period

  

AMMAN — The trade deficit during the first five months of 2020 dropped by 27.6 per cent to reach JD2.546 billion compared with last year’s JD3.518 billion, the Department of Statistics (DoS) said on Tuesday.

The value of total exports, national and re-exports, dropped by 10 per cent in the January-May period to JD1.983 billion, compared with JD2.203 billion in the same period of last year, the DoS said in an announcement cited by the Jordan News Agency, Petra. Meanwhile, imports declined by 20.8 per cent in the first five months of the year to JD4.528 billion when compared with 2019, according to the DoS.

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