Phosphate Exports Drop Amid Hormuz Crisis
The CEO of Jordan Phosphate Mines Company, Abdulwahab Al-Rawab, stated that the ongoing Strait of Hormuz crisis has led to a decline in the company’s exports during the first half of 2026, with export values dropping to 246 million Jordanian dinars, a 7.2% decrease compared to the same period last year. He explained that Jordan’s largest phosphate importer, India, significantly reduced its imports due to a shortage of sulfur, which is essential for fertilizer production. He also pointed out that the company's exports of phosphoric acid and fertilizers have increased compared to the same period in 2025, despite a decline in raw phosphate exports, due to rising demand for certain other products. This situation reflects the impact of the ongoing tensions in the Strait of Hormuz area and the disruption of trade flows through it resulting from the political crisis, highlighting how the conflict is affecting the Jordanian economy and global trade.
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