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FINANCIAL NEWS
Jordan’s trade gap expands to $6.1b by September-end
14 Nov 2010
(MENAFN) Jordan’s Department of Statistics revealed that the Kingdom’s trade deficit rose to $6.1 billion by September-end of 2010, compared to $5.6 billion during the same period of 2009, registering an 8.2 percent jump, Jordan Times reported.
According to data, overall exports coverage rate of the Kingdom’s imports during the current year was reported at 46.2 percent, as opposed to 46 percent during the corresponding period a year earlier.
National exports reached $4.4 billion during the first nine months of 2010, as opposed to $3.7 billion during the same period of 2009, the figures showed.
Re-exports dropped by 22.1 percent to $818 million from $1 billion. Also, the value of imports was 8.5 percent higher, reaching $11.3 billion compared to $10.4 billion a year earlier, the department stated.
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