Trade Deficit Shrinks 9.6% as Exports Surge Through August

– National exports grew by 6.0 percent.

– National exports were concentrated in apparel, fertilizers,
pharmaceuticals, and crude potash.

– National exports rose 28.9 percent to Syria, 74.3 percent to China,
and 11.4 percent to the European Union.

– The trade deficit narrowed by 9.6 percent.

– The export-to-import coverage ratio rose to 56 percent.

– Imports increased by 1.0 percent.

Amman, Oct. 25 (Petra) — Jordan’s trade deficit narrowed by 9.6
percent during the first eight months of 2026, falling by JD616
million to JD5.830 billion from JD6.446 billion in the same period
last year, according to a report released by the Department of
Statistics (DoS) on Sunday.

The trade gap shrank as total exports jumped 11.2 percent to reach
JD7.464 billion. National exports rose 6.0 percent to JD6.464
billion, while re-exports surged 63.4 percent to JD1.0 billion.
Imports recorded a slight 1.0 percent uptick, reaching JD13.294
billion.

Consequently, Jordan’s export-to-import coverage ratio improved by 5
percentage points, rising to 56 percent compared to 51 percent during
the first eight months of 2025.

Growth in national exports was primarily driven by key sectors,
including chemical or nitrogenous fertilizers (+16.4 percent), crude
potash (+12.3 percent), knitted or crocheted apparel and accessories
(+4.6 percent), and pharmaceuticals (+1.8 percent). Conversely,
exports of raw phosphate fell 13.4 percent, and precious jewelry
declined 14.4 percent.

On the import side, crude oil and petroleum products surged 39.1
percent, and grain imports rose 13.5 percent. Meanwhile, imports
declined in vehicles and motorcycles (-33.6 percent), mechanical
tools (-25.0 percent), precious jewelry (-14.4 percent), and
electrical machinery and equipment (-7.9 percent).

Growth in national exports reflected increased shipments to Syria,
Iraq, non-Arab Asian nations, including China, and the European
Union, including the Netherlands. Meanwhile, the main markets from
which imports increased were Greater Arab Free Trade Area (GAFTA)
countries, including Saudi Arabia.

For the month of August 2026 alone, total exports reached JD1.069
billion, comprising JD955 million in national exports and JD114
million in re-exports.

With August imports standing at JD1.708 billion, the monthly trade
deficit settled at JD639 million. Compared to July 2026, national
exports in August rose 17.5 percent, from JD813 million, while
imports declined by 2.2 percent, from JD1.746 billion.

//Petra// HA