Jordan’s exports rise on strong demand from Saudi Arabia, Iraq, and Syria

Jordanian officials expressed optimism for continued export growth in the second half of the year. Shutterstock
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Updated 27 August 2025
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Jordan’s exports rise on strong demand from Saudi Arabia, Iraq, and Syria

  • Overall national exports grew 9% to 4.38 billion dinars
  • Re-exports edged up 1.2% to 431 million dinars

JEDDAH: Jordan’s exports to countries in the Greater Arab Free Trade Area climbed 16.9 percent to 1.85 billion dinars ($2.6 billion) in the first half of 2025, fueled by stronger demand from Saudi Arabia, Iraq and Syria. 

Overall national exports grew 9 percent to 4.38 billion dinars, while re-exports edged up 1.2 percent to 431 million dinars, bringing total exports to 4.81 billion dinars, Jordan News Agency reported, citing the Department of Statistics. 

This comes as a report released in July by the International Monetary Fund highlighted Jordan’s continued economic resilience amid regional conflicts and global uncertainty, attributing the performance to the authorities’ adherence to sound macroeconomic policies. 

The IMF said Jordan’s ownership of the Extended Fund Facility remains strong, with program targets consistently met, saying the economy grew 2.5 percent in 2024 and is projected to gradually strengthen over the next two years on the back of sound policies and faster reforms. 

The steady export growth stems from proactive government measures to boost export capacity, including targeted support for the industrial sector, enhanced trade partnerships, and a focus on product quality, according to Yanal Barmawi, spokesperson for the Ministry of Industry, Trade, and Supply. 

Barmawi said the positive momentum also reflects Jordan’s King Abdullah II’s active diplomacy, which has expanded the country’s international economic network. 

“The king’s recent visits to countries like Uzbekistan and Kazakhstan have opened new channels for promoting Jordanian goods, while previous visits continue to yield commercial benefits and investment opportunities,” Petra reported that Barmawi said. 

He added that “these high-level engagements help position Jordanian products more competitively across global markets,” and urged the business sector to seize opportunities by building cross-border partnerships and expanding market reach. 

Key sectors driving growth included apparel, up 8.2 percent to 831 million dinars, chemical fertilizers, up 10.2 percent, pharmaceuticals, up 10 percent, raw potash, up 4.7 percent, and miscellaneous goods, up 16.3 percent. 

Imports also increased, reflecting higher demand for machinery, jewelry, electrical equipment, and grains, while crude oil and derivatives declined. Barmawi said the rise was mainly driven by stronger local demand, production needs, and higher raw material costs. 

Exports to key countries also grew, with Saudi Arabia up 19.3 percent to 612 million dinars, Syria rising 404.8 percent to 106 million dinars, and Iraq increasing 15.5 percent to 431 million dinars. 

Beyond the Arab world, exports to non-Arab Asian countries rose 16 percent to 901 million dinars, and exports to the EU increased 14 percent to 228 million dinars, benefiting from trade agreements such as the Jordan-EU Association Agreement. 

Barmawi expressed optimism for continued export growth in the second half of the year, supported by ongoing initiatives to enhance product competitiveness and improve access to international markets. He said the Industrial Support Fund helps manufacturers boost production and exports. 

He also highlighted government efforts to reopen the Bab Al-Hawa border crossing between Syria and Turkiye, easing transit for Jordanian goods, particularly vegetables, bound for European markets. 

Barmawi reaffirmed the ministry’s commitment to supporting exporters, addressing challenges, maintaining dialogue with the private sector, and opening new markets through trade agreements and promotional initiatives. 


Closing Bell: Saudi main index slips to close at 10,588 

Updated 14 December 2025
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Closing Bell: Saudi main index slips to close at 10,588 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 127.15 points, or 1.19 percent, to close at 10,588.83. 

The total trading turnover of the benchmark index was SR2.57 billion ($685 million), as 28 of the stocks advanced and 232 retreated.    

Similarly, the Kingdom’s parallel market Nomu lost 108.53 points, or 0.46 percent, to close at 23,719.13. This comes as 22 of the stocks advanced while 47 retreated.    

The MSCI Tadawul Index lost 17.17 points, or 1.22 percent, to close at 1,393.34.     

The best-performing stock of the day was Sport Clubs Co., whose share price surged 3.69 percent to SR9.00.   

Other top performers included Flynas Co., whose share price rose 2.55 percent to SR72.30, as well as National Industrialization Co., whose share price surged 2.13 percent to SR10.09. 

Consolidated Grunenfelder Saady Holding Co. recorded the most significant drop, falling 6.61 percent to SR8.90. 

Sustained Infrastructure Holding Co. also saw its stock prices fall 5.75 percent to SR30.82. 

CHUBB Arabia Cooperative Insurance Co. also saw its stock prices decline 5.72 percent to SR22.40. 

On the announcements front, Wataniya Insurance Co. said it has received a notice of award for a one-year contract with Saudi National Bank to provide general insurance as well as protection and savings insurance services, in line with agreed terms and conditions. 

According to a Tadawul statement, coverage will begin on Jan. 1, 2026. The contract value exceeds 15 percent of the company’s total revenues, based on its latest audited financial statements for 2024.  

Wataniya Insurance Co. ended the session at SR14.35, up 1.92 percent. 

Fawaz Abdulaziz Alhokair Co., or Cenomi Retail, has announced executing a SR1.5 billion facility agreement structured as a short-term loan with Emirates NBD – Kingdom of Saudi Arabia. A bourse filing revealed that the financing duration is three years with an option to extend for a total of two years. 

Cenomi Retail ended the session at SR20.00, up 0.26 percent. 

First Milling Co. has announced the Board of Directors’ recommendation to amend the firm’s bylaws Article “Company Management” to increase the number of board members from seven to eight. This change reflects the firm’s commitment to broadening the range of expertise and skills on its board, in line with its growth and expansion plans for the next phase. 

The company reiterated its commitment to fulfilling all necessary procedures and obtaining approvals from the relevant authorities. The recommendation will be submitted to the upcoming General Assembly, with the date to be announced in due course. 

First Milling Co. ended the session at SR49.22, down 1.06 percent.