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Home Infrastructure Global Trade

Jordan’s exports increase in H1, month after IMF praises its economic resilience 

The Global Economics by The Global Economics
August 28, 2025
in Global Trade, Economy, Middle East
Reading Time: 3 mins read
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Jordan’s exports increase in H1, month after IMF praises its economic resilience

Jordan’s exports increase in H1, month after IMF praises its economic resilience

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According to Jordan’s Department of Statistics, overall national exports climbed to 9% to 4.38 billion dinars, and re-exports inched upwards to 1.2% to 431 million dinars, with a reported total export of 4.81 billion dinars. 

This has been an unpredictable year for global supply chains, as companies and sectors have rarely performed in accordance with analysts’ expectations. The uncertainty around Trump tariffs increased market volatility, and global trade suffered losses. 

Jordan, however, was able to withstand this instability, as recently published data shows that the exports for the first half of 2025 increased 16.9%, reaching 1.85 billion dinars ($2.6 billion) due to higher demand from the Greater Arab Free Trade Area, particularly from Saudi Arabia, Iraq and Syria. 

According to Jordan’s Department of Statistics, overall national exports climbed to 9% to 4.38 billion dinars, and re-exports inched upwards to 1.2% to 431 million dinars, with a reported total export of 4.81 billion dinars. 

This development follows the July report released by the International Monetary Fund (IMF), where the lender commended Jordan for its continued economic resilience amidst escalating regional conflicts and global economic challenges. The IMF highlighted that economic growth was possible because of the government’s macroeconomic policies. 

The Fund also said that Jordan’s ownership of the Extended Fund Facility is strong and that program targets are promptly met. Amman’s economy grew 2.5% last year and is forecast to witness consistent growth over the next two years with the help of favourable policies and reforms. 

Yanal Barmawi, Ministry of Industry, Trade, and Supply Spokesperson, said that the government’s efforts, like increasing support for the industrial sector, comprehensive trade partnerships and improved product quality, helped increase the country’s exports. Barmawi also said that King Abdullah II’s diplomatic efforts expanded Jordan’s economic network across continents. 

He said that the King’s recent visits to Uzbekistan and Kazakhstan helped promote Jordanian exports. The Spokesperson added that previous engagements continue to yield trade and investment opportunities. These diplomatic ventures are pushing Jordanian products to compete with their international counterparts. Therefore, Barmawi urged businesses to explore more cross-border partnerships and expand market reach. 

The primary sectors which have contributed to pushing up exports are apparel, which jumped to 8.2% to 831 million dinars, chemical fertilisers and pharmaceuticals, which were up 10.2% and 10% respectively, a 4.7% increase in raw potash and a 16.3% rise in miscellaneous goods. 

While exports grew, reliance on imports did not slide. However, Jordan has been importing goods like machinery and electrical equipment, along with jewellery and grains. The increased demand for such goods throws an optimistic light on an economy which also reported a decline in demand for crude oil. According to Barmawi, these import patterns indicate rising local demand, production needs, and climbing costs of raw materials. 

Exports to Saudi Arabia were the lion’s share, reporting a 19.3% increase to 612 million dinars, while exports to Syria rose a whopping 404.8% to 106 million dinars, and Iraq rose to 15.5% to 431 million dinars. Exports to non-Arab countries also rose 16% to 901 million dinars, and those to the EU were up 14%, reaching 228 million dinars. Amman’s exports to Europe were boosted by the Jordan-EU Association Agreement. 

Barmawi remains hopeful that the second half of the year will also yield similar results, supported by favourable policies which have helped improve product competitiveness and made foreign markets more accessible to Jordan-based businesses. He added that the country’s Industrial Support Fund helps producers increase manufacturing and exports. 

He also said that the government’s amped up efforts to reopen the Bab Al-Hawa border crossing between Syria and Turkiye have made it easier for Jordanian goods, particularly vegetables, to reach European markets. Barmawi also reiterated that the Ministry of Industry, Trade, and Supply is committed to supporting producers and exporters, addressing challenges, engaging with the private sector and exploring new markets by signing new trade agreements. 

Tags: economyexportsIMFJordantrade
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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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