Tuesday, 02 January 2024 12:17 GMT

ICI's Exports At $90M Last September-Report


(MENAFN- Jordan News Agency)


Irbid, Oct. 1 (Petra) – The value of certificates of origin issued by Irbid Chamber of Industry (ICI) last September reached $90 million, compared to $106.7 million for the same month in 2024, marking a decrease of 15.6%.
According to its report, the chamber issued a total of 1,326 certificates of origin last September, compared to 1,389 certificates for the same period last year.
The report indicated that the textile and leather sector maintained its status as the top exporting industry with a value of $79.760 million, followed by food, food, and agricultural supplies at $4.603 million, then came therapeutic industries and medical supplies at $2.160 million.
The remaining exports went for chemical, cosmetics , plastic, rubber, construction, engineering and electrical industries, as well as packaging, paper, cardboard, and office supplies.
Al-Hassan Industrial Estate (HIE) accounted for the majority of exports, accounting for approximately 95.9%, followed by Cyber City Industrial Estate with 3.1% of total exports, and the head office with 1%.
In a statement, ICI Chairman Hani Abu Hassan said the decline in the total value of the ICI-issued certificates of origin during September was driven by a drop in exports from two major sectors, led by the leather and textile industries, which went down by 15.9% and the chemical and cosmetics sector, which dropped by 31.7%.
He noted the chamber's exports, under Greater Arab Free Trade Area (GAFTA, declined by 11.7% on a monthly basis in September, reaching approximately $7.6 million, compared to $8.6 million during the same month last year, while exports under the American Agreement went down by 21.3% last month.
Under trade pacts, Abu Hassan indicated that the chamber's exports amounted to 85.9% of its total volume.

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