jordan pulse -

The volume of trade exchange (exports and imports) between Jordan and Iraq during the past four months amounted to 197.1 million dinars, of which 147.3 million dinars were exports and 49.8 million dinars were imports.

The volume of trade exchange between the two countries last year 2022 reached about 772.2 million dinars, compared to about 471 for the same period in 2021.

A Jordanian delegation headed by Prime Minister Bishr Al-Khasawneh is visiting Iraq to discuss several files in various fields, most notably economic.

The recent period witnessed mutual visits between Jordan and Iraq at various levels, as the Ministers of Interior and Health recently visited Iraq.

Last May, the Jordanian and Iraqi sides agreed to grant visit visas from both countries, whether one-time, multiple for six months, or multiple for one year, within (24) hours from the date of its submission, and it was decided to authorize the embassies of the two countries to implement this.

Last June, Minister of Industry, Trade and Supply, Minister of Labor Yusef Al-Shamali opened the Jordanian-Iraqi Finance and Business Forum, on behalf of Prime Minister Bishr Al-Khasawneh, in Amman.

According to data from the Amman Chamber of Commerce, which the Kingdom reviewed, the Jordanian trade balance with Iraq achieved a surplus last year, recording 457.4 million dinars.

The volume of exports reached 614.8 million to Iraq, while the imports amounted to 157.4 million.

The Al-Karama / Trebil border crossing, which connects Jordan with Iraq, was reopened in 2017, after it was closed for 3 years. as a result of the security situation.

The highest commodity exported to Iraq last year was laundry preparations with a value of 85.3 million dinars, while the highest commodity imported from Iraq for the same period was petroleum oils and bituminous minerals with a value of 144.6 million dinars.

According to the data, Jordanian exports to Iraq varied between vegetable products, grease, animal fats and oils, the food industry, metal products, wood, electrical equipment, and others.

Mineral and plant products constitute Jordan's most important imports from Iraq.

The Amman Chamber of Commerce proposes to enhance trade exchange between Jordan and Iraq, identifying vital sectors in the bilateral economies, such as energy and tourism, and encouraging cooperation in these sectors.

The Chamber also proposes facilitating customs procedures, improving customs procedures between the two countries, developing border crossings, promoting trade and marketing, and exchanging trade information.

Iraq ranks second among Jordan's most important trading partners in the Greater Arab Free Trade Area during the year 2021, and fourth among Jordan's main partners in terms of exports, as Iraq's share of Jordan's total national exports reached about (6.8%) during the year 2021.

In view of the data issued by the General Statistics Department for the year 2022, the national exports to Iraq recorded a value of (614.8) million dinars, an increase of (49.2%) compared to the year 2021.

According to data from the Amman Chamber of Commerce, the head of the Amman Chamber of Commerce, Khalil Haj Tawfiq, held several meetings with the Iraqi side.

The Amman and Baghdad chambers of commerce had agreed to organize a Jordanian-Iraqi business forum in the capital, Baghdad, before the end of next October, with the participation of a Jordanian trade delegation that would include heads of chambers of commerce, representatives of commercial sectors, and heads of employers' unions and business owners.