Made in Jordan global reach
The President of the Jordan Chamber of Industry, Fathi Jaghbir, confirmed that the industrial export base of Jordan has become more diverse and capable of producing non-traditional goods. This has contributed to expanding the export base, which now includes about 2,500 products exported to 150 countries. The value of exports increased from 4.6 billion Jordanian dinars in 2019 to more than 8.9 billion dinars in 2024, with the export coverage rate reaching 43%, the highest in the country's history. Furthermore, data indicate significant expansion in the variety of products and market trends, with the number of markets exceeding a export value of 100 million dinars rising to 13 markets, demonstrating geographical diversity. There has also been a substantial increase in the export value of certain products, such as lubricants, which grew by 4,085%. The updated economic and industrial strategies, along with maintaining market expansion, are key factors supporting this growth. Additionally, there are untapped export opportunities estimated at over $7.7 billion. The Jordanian industry continues to move towards diversifying its products and markets to enhance its international competitiveness.
Notice: This Is an AI-Generated Summary
Comments (0)