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FINANCIAL NEWS
Jordan’s trade deficit up 10.5 percent
24 Aug 2014
(MENAFN) Jordan’s trade deficit expanded 10.5 percent in the January-June period, hitting USD7.5 billion compared with the same period last year, Arab News reported.
Imports rose 9.2 percent in the cited period, reaching USD11.70 billion, while exports amounted to USD 4.14 billion in the cited period, up 6.8 percent compared to USD3.87 in the same period last year.
Jordan, which imports most of its energy from Saudi Arabia, saw its oil import bill in the first six months of the year rising 27 percent to USD3.18 billion compared to USD 2.49 billion last year.
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