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FINANCIAL NEWS
Jordan’s exports decline by 12 percent in Q1
19 May 2016
(MENAFN) Jordan’s exports recoiled by 12.7 percent in Q1 of the recent year, while imports jumped by 4 percent in the same period.
Furthermore, the fall in exports pushed the kingdom’s trade debt to increase to 13 percent.
During the cited quarter, the kingdom’s national exports were enough to cover 32 percent of imports, compared with 38 percent in 2015.
On the other hand, Q1 exports amounted to USD 1.63bn compared with USD 1.81mn in the same period last year.
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