AMMAN — Jordan recorded a JD422 million trade balance surplus with the US during the third quarter of this year, according to a report by the Department of Statistics released on Monday.

 

 

 

Jordan News Agency, Petra, shared that according to the monthly report by the Department of Statistics, the value of national exports to the US from the third quarter of the year increased by 22.9 percent, reaching JD1.145 billion, compared with the same period of last year, which amounted to JD932 million.

 

The Kingdom's imports from the US also increased by 2.7 percent towards the end of the third quarter, reaching about JD723 million, compared with JD704 million during the same period of last year.

 

The trade balance represents the difference between the value of imports and exports and is an important economic indicator, and is used as a parameter to assess economic growth.