17 Hrs
Source:
اقتصاد
New Trade Route Emerge from War
The disruption of navigation through the Strait of Hormuz in the region has enhanced the role of the Port of Aqaba in Jordan as an alternative corridor for regional trade. During the first half of 2026, transit movements saw a significant increase, with cargo volumes to Iraq, Syria, and Lebanon rising by up to 155.1%, and handling operations reaching 4.85 million tons—an increase of 35%. Iraq is the greatest beneficiary of this shift, with transit traffic increasing by more than 930%, as goods that previously arrived via Gulf ports are now rerouted through Aqaba. This situation is generating positive economic outcomes, including increased port service revenues and a boost to land transportation and logistics sectors. However, it is essential to transform this temporary gain into a sustainable trading pathway by improving procedures and reducing costs.
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