ACI recorded JD7.172b exports in 2023

ACI recorded JD7.172b exports in 2023

AMMAN — The Amman Chamber of Industry (ACI) has released its export figures for 2023, revealing a total export value of JD7.172 billion, marking a slight decrease compared to the previous year's figure of JD7.579 billion.

Statistical data obtained by the Jordan News Agency (Petra) indicated that six sectors experienced growth in their exports, ranging from a 3 per cent increase in the packaging, paper, cardboard and office supplies industries to an impressive 48 per cent surge in the construction sector.

Conversely, four sectors witnessed a decline in exports, with decreases ranging from 1 per cent in the leather and sewing industries to 19 per cent in the mining, wood, and furniture industries.

Arab and foreign countries accounted for more than half of the chamber's exports during the last year, with India, the United States of America, Saudi Arabia, and Iraq as the top destinations, totalling JD4.047 billion in export value.

The statistical data also revealed that exports to the US rose by 18 per cent, reaching JD1.153 billion in 2023, compared to JD977 million in 2022.

Export figures to the Kingdom of Saudi Arabia increased by 6 per cent, reaching JD808 million, up from JD759 million in 2022. Similarly, exports to Iraq surged by