Jordan, US trade balance records $881m surplus in 2022

The trade equilibrium between Jordan as well as the US has tape-recorded a surplus of concerning 625 million Jordanian dinars ($881 million) in 2022, according to a statement.

The volume of trade exchange in between both countries in 2014 totaled up to concerning 2.75 billion dinars, according to international trade data issued by the Division of Stats in Jordan. Moreover, the worth of exports from Jordan to the United States has actually risen over the previous year, to about 1.685 billion dinars.

This figure reflects a 6.2 percent boost when contrasted to about 1.586 billion dinars back in 2021.

Similarly, the value of Jordan’s imports from the United States also increased in 2022 by 7.3 percent, to regarding 1.060 billion dinars, contrasted to 988 million dinars in 2021.

The open market agreement between Jordan and the US entered into full force in January 2010, and attends to exception from custom-mades obligations for Jordanian exports in an effort to elevate trade exchange between the two nations.

Last month, King Abdullah of Jordan and also the country’s foreign priest, Ayman Safadi greeted a delegation from Company Executives for National Safety, the Jordan Information Firm reported.

BENS is an American nonprofit, nonpartisan network of service and also sector execs that was founded in 1982, to aid deal with security difficulties in the US via service techniques.

During the meeting at Al-Husseiniya Palace in Amman, King Abdullah praised the solid, critical partnership in between Jordan and also the US, sharing his need to additional enhance it in all markets.

He highlighted the importance of broadening participation to attend to international difficulties, specifically those pertaining to food safety, power, and also climate modification. The participants also went over recent local as well as global developments.

The BENS delegation likewise satisfied Yousef Huneiti, chairperson of the Joint Chiefs of Personnel of the Jordanian Armed Forces, with whom they went over opportunities for teamwork.