Jordan's industrial sector exports amounted to JD 6.037 billion in the first eight months of 2024, registering a marginal 0.9% decline from JD 6.095 billion during the corresponding period last year, according to figures released by the Jordan Chamber of Industry. Despite the slight contraction in overall export value, seven key industrial sectors posted robust growth. The wood and furniture sector led the charge with a 23.8% year-on-year increase, followed closely by the chemical and cosmetics industries, which recorded a 21.1% rise in exports. However, the sectoral performance was mixed, with significant downturns in specific industries. Mining exports plummeted 35.6%, while construction materials and packaging exports contracted by 7.6% and 1.9%, respectively. The data, which encompasses exports from the Amman, Irbid, and Zarqa chambers of industry, reflects the uneven performance across the broader industrial landscape. Leading the export tally, the leather and textiles sector generated JD 1.320 bill ion in revenue, while chemicals and cosmetics contributed JD 1.157 billion. The mining sector, despite its sharp decline, still accounted for JD 947 million in exports. Other notable contributors included the engineering and IT sectors, with exports totaling JD 779 million, followed by food and supply industries at JD 719 million, and medical supplies and equipment, which added JD 495 million to the export ledger. Additional exports during the period were spread across sectors such as plastics and rubber (JD 234 million), packaging (JD 214 million), construction materials (JD 156 million), and wood and furniture (JD 17 million). The data highlights the challenges and opportunities facing Jordan's industrial sector amid shifting global demand and evolving market dynamics. Source: Jordan News Agency
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