Jordan recorded a trade deficit of 691400 JOD Thousands in October of 2019. Balance of Trade in Jordan averaged -256413.52 JOD Thousands from 1972 until 2019, reaching an all time high of -3400 JOD Thousands in January of 1974 and a record low of -1034553 JOD Thousands in April of 2014.

Balance of Trade in Jordan is expected to be -650000.00 JOD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Jordan to stand at 3979000.00 in 12 months time. In the long-term, the Jordan Balance of Trade is projected to trend around -701000.00 JOD Thousands in 2020, according to our econometric models.


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Jordan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-691400.00 -576301.00 -3400.00 -1034553.00 1972 - 2019 JOD Thousands Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-26 08:30 AM Jul JOD-722.4M JOD-372.5M JOD -820M
2019-10-24 09:30 AM Aug JOD-534.2M JOD-722.4M JOD -690M
2019-11-25 10:30 AM Sep JOD-576.3M JOD-534.2M JOD -835M
2019-12-26 11:00 AM Oct JOD-691.4M JOD-576.3M JOD -760M
2020-01-24 10:00 AM Nov JOD-691.4M JOD -710M
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Jordan Balance of Trade
Jordan’s trade flows are characterized by consistent trade deficits. Jordan's exports rely on the mining and manufacturing sectors. As such, phosphate, potash and textiles are key elements of Jordanian trade. Jordan’s imports consist of machinery and transport equipment, fuels, food, manufactured chemicals and electrical machines. Jordan's main trading partners are Saudi Arabia, the United States, India, Iraq and China.

Jordan Trade Last Previous Highest Lowest Unit
Balance of Trade -691400.00 -576301.00 -3400.00 -1034553.00 JOD Thousands [+]
Current Account -91.30 -587.80 473.00 -1298.60 JOD Million [+]
Current Account to GDP -7.00 -10.60 11.50 -18.04 percent [+]
Imports 1174700.00 1146600.00 1533087.00 5090.00 JOD Thousands [+]
Exports 483300.00 570300.00 612831.00 110.00 JOD Thousands [+]
External Debt 12087.50 11867.20 12087.50 3640.20 JOD Million [+]
Terms of Trade 62.90 62.50 167.20 56.30 points [+]
Capital Flows 46.50 -593.20 1249.90 -1047.80 JOD Million [+]
Remittances 596.00 570.80 643.50 252.60 JOD Million [+]
Tourist Arrivals 628.70 651.00 1680.70 257.10 Thousand [+]
Gold Reserves 43.50 43.50 43.54 12.37 Tonnes [+]
Foreign Direct Investment 151.30 184.60 1713.30 140.90 JOD Million [+]
Terrorism Index 3.09 3.40 4.63 0.55 [+]
Weapons Sales 80.00 17.00 117.00 2.00 USD Million [+]