Jordan’s primary exports are clothing, chemicals and chemical products, and potash and phosphates; the main imports are machinery and apparatus, crude petroleum, and food products.
Where is Jordan located?
Asia
Jordan/Continent
What countries trade with Jordan?
In 2017, Jordan major trading partner countries for exports were United States, Free Zones, Saudi Arabia, Iraq and India and for imports they were China, Saudi Arabia, United States, United Arab Emirates and Germany.
What kind of economy does Jordan have?
mixed economic system
Jordan has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Jordan is a member of the League of Arab States (Arab League).
What is the main export of Jordan?
Jordan’s main exports are textiles, potassium, phosphates, fertilizers, vegetables and pharmaceutical products. Jordan’s main export partners are Iraq, the United States, India, Saudi Arabia and Syria.
What kind of economy does Jordan have in the world?
Economic overview. Jordan is classified by the World Bank as an “upper middle income country.”. According to the Heritage Foundation’s Index of Economic Freedom, Jordan has the third freest economy in the Middle East and North Africa, behind only Bahrain and Qatar, and the 32nd freest in the world.
What is the main source of foreign exchange in Jordan?
Trade and finance combined account for nearly one-third of Jordan’s gross domestic product (GDP); transportation and communication, public utilities, and construction represent one-fifth of total GDP, and mining and manufacturing constitute nearly that proportion. Remittances from Jordanians working abroad are a major source of foreign exchange.
What kind of products does Jordan export and import?
Jordan’s primary exports are clothing, chemicals and chemical products, and potash and phosphates; the main imports are machinery and apparatus, crude petroleum, and food products.
How is natural gas being used in Jordan?
Natural gas is increasingly being used to fulfill the country’s domestic energy needs, especially with regard to electricity generation. Jordan was estimated to have only modest natural gas reserves (about 6 billion cubic meters in 2002), but new estimates suggest a much higher total.
