INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Jordan’s exports to US rise by six percent in first quarter

The value of re-exported Arab products stood approximately at JD21 million. (JNA)
  • Garments and textiles are key exports to the US market, followed by engineering industries, foodstuff, Dead Sea cosmetics, and jewellery.
  • The trade balance recorded a surplus of $147 million in Q1.

Jordan’s trade balance with the United States registered a surplus of JD105 million ($147.85 million) in the first quarter of 2022, according to the latest foreign trade statistics.

Data released by the Department of Statistics on Sunday noted that the national exports to the United States increased by six percent in Q1 2022, reaching about JD365 million, compared to JD344 million in the same period of 2021.

Jordan’s imports from the United States also rose in the first quarter, reaching about JD260 million, compared to JD245 million in the same period of 2021, according to the figures.

Garments and textiles are key exports to the US market, followed by engineering industries, foodstuff, Dead Sea cosmetics, and jewellery.