Crude Petroleum in Jordan

EXPORTS (2017): $152k, World Rnk 108 / 122
Flag Rnk 498 / 894

TOP DESTINATION (2017): $92.1k, Iraq

FASTEST GROWING IN MARKET (2016 - 2017): $59.9k, Saudi Arabia

IMPORTS (2018): $1.16B, World Rnk 55 / 148
Flag Rnk 4 / 1141

TOP ORIGIN (2018): $1.12B, Saudi Arabia

FASTEST GROWING ORIGIN (2017 - 2018): $111M, Saudi Arabia

ECONOMIC COMPLEXITY of Jordan (2018): -0.021, Rnk 66 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 2017, Jordan exported $152k in Crude Petroleum, making it the 108th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 498th most exported product in Jordan. The main destination of Crude Petroleum exports from Jordan are: Iraq ($92.1k) and Saudi Arabia ($59.9k).

The fastest growing export markets for Crude Petroleum of Jordan between 2016 and 2017 were Saudi Arabia ($59.9k) and Iraq ($957).

Imports: In 2018, Jordan imported $1.16B in Crude Petroleum, becoming the 55th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Jordan. Jordan imports Crude Petroleum primarily from: Saudi Arabia ($1.12B), Russia ($38.4M), and United Arab Emirates ($53.7k).

The fastest growing import markets in Crude Petroleum for Jordan between 2017 and 2018 were Saudi Arabia ($111M), Russia ($38.4M), and United Arab Emirates ($53.7k).

Tariffs: In 2017, the average tariff for Jordan in Crude Petroleum was 3.88%. The countries with the highest import tariffs for Crude Petroleum were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2017): $152k

IMPORTS (2018): $1.16B

NET TRADE (2018): -$1.16B

In 2017, Jordan exported $152k in Crude Petroleum. The main destinations of Jordan exports on Crude Petroleum were Iraq ($92.1k) and Saudi Arabia ($59.9k).

In 2018, Jordan imported $1.16B in Crude Petroleum, mainly from Saudi Arabia ($1.12B), Russia ($38.4M), and United Arab Emirates ($53.7k).

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IN 2017, Jordan HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: Iraq, $92.1k ($92.1k - $0)

IN 2018, Jordan HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Russia, -$38.4M ($0 - $38.4M)
  • United Arab Emirates, -$53.7k ($0 - $53.7k)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Jordan WERE (2016 - 2017):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Jordan WERE (2016 - 2017):: United Arab Emirates, -$9.95k (-100%)

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Market Concentration

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Flow
Type

In 2018, Jordan's main exporting competitors in Crude Petroleum were:

In 2018, Jordan's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Jordan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Jordan in Crude Petroleum was 3.88%.

The countries with the highest tariffs for Crude Petroleum in Jordan were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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