Al-Jaghbeer: National Exports Up By 8.5% Percent In First Seven Months Of 2025

(MENAFN- Jordan News Agency)

Amman, Sept. 26 (Petra)-- According to a Department of Statistics study, national exports increased by 8.5 percent to JOD 5,268 million, while overall exports increased by 8.1 percent to JD5,798 million, as confirmed by Fathi Al-Jaghbeer, Chairperson of the Amman Chamber of Industry.
The growth, according to the report, shows how resilient the Jordanian industrial sector has been to regional and global challenges and validates the success of government-industry collaboration in raising the competitiveness of Jordanian goods on global markets.
According to a report by the Organization for Economic Cooperation and Development (OECD), escalating trade tensions are driving a worldwide economic slowdown that is predicted to reach 2.9 percent by 2025, which is why Al-Jaghbeer explained this performance.
He underlined that despite the challenges, Jordan's exports to North America only slightly decreased by 2.5 percent, with shipments to the United States, which made up over 25% of total exports in prior years, not being much impacted.
"Opportunities must be improved to create a sense of diversification towards European and regional markets," Al-Jaghbeer continued. With the help of the Euromed Partnership Agreement, exports to the European Union rose by 22 percent, especially to Italy, where they rose by 129 percent.
With Syria's recovery following the reopening of its borders, Al-Jaghbeer commended the enormous 400 percent growth in exports to Syria, which doubled to the Greater Arab Free Trade Area (GAFTA) countries by 13.9 percent.
"This expansion, surpassing 8.5 percent, aligns with the worldwide trend toward 'geoeconomic fragmentation,' as defined by the World Economic Forum," he continued. According to the World Bank, tensions like the US-China trade war have caused commerce to shift toward regional partners like Saudi Arabia (+16.1 percent) and India (+23.5 percent), which has helped Jordan overcome the predicted regional slowdown of 2.6 percent.
Al-Jaghbeer suggested "intensifying government efforts, in cooperation with chambers of industry, to prepare feasibility studies on export opportunities, especially in European and African markets, to ensure sustainable growth of up to 10 percent by the end of the year."
In his closing remarks, Al-Jaghbeer emphasized that "the Jordanian industrial sector represents the backbone of the national economy, contributing approximately 24 percent of the GDP." This expansion offers encouraging opportunities to boost employment and foreign reserves, even in the face of persistent geopolitical obstacles like the conflict between Russia and Ukraine, which has caused a 20 percent global increase in food costs. In order to convert these successes into all-encompassing economic growth in line with Jordan's economic agenda, he urged the fortification of regional alliances.

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