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Data show lower exports to countries of Greater Arab Free Trade Area
By JT - Oct 19,2015 - Last updated at Oct 19,2015
AMMAN — National exports to the countries of the Greater Arab Free Trade Area and European Union countries declined by nearly 11 per cent during the past eight months, standing at JD1.7 billion compared to JD1.9 billion in the same period in 2014, according to the Department of Statistics (DoS).
Exports to the Iraqi market went down by 36 per cent, affecting the overall exports to the Greater Arab Free Trade Area in comparison with exports to the Saudi market, which increased by 12.5 per cent in a “record time”, the Jordan News Agency, Petra, reported.
As for the rest of the commercial partners and economic blocs, national exports to the counties of North America Free Trade Agreement increased by 8.4 per cent in the past eight months, standing at JD702 million compared to JD647 million in the same period last year, whereas national exports to Asian non-Arab countries dropped.
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