Jordan2020 Economic Complexity : -0.09, Rank 63 of 127
2020 Product Exports | Imports: $9.72B | $19.1B, 89 of 226 | 76 of 226
2020 Per Capita Product Exports | Imports: $952 | $1.87k, 119 of 219 | 113 of 219
2019 Service Exports | Imports : $7.97B | $4.97B, 31 of 69 | 35 of 69
Overview In 2020 Jordan was the number 88 economy in the world in terms of GDP (current US$), the number 89 in total exports, the number 76 in total imports, the number 110 economy in terms of GDP per capita (current US$) and the number 63 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Jordan are Potassic Fertilizers ($982M), Other Knit Garments ($561M), Packaged Medicaments ($508M), Calcium Phosphates ($483M), and Gold ($467M), exporting mostly to United States ($2.1B), Saudi Arabia ($1.15B), India ($1.01B), Iraq ($662M), and China ($560M).
In 2020, Jordan was the world's biggest exporter of Phenol Derivatives ($224M)
Imports The top imports of Jordan are Cars ($1.49B), Refined Petroleum ($808M), Petroleum Gas ($557M), Crude Petroleum ($511M), and Packaged Medicaments ($463M), importing mostly from China ($3.23B), Saudi Arabia ($2.37B), United States ($1.34B), United Arab Emirates ($1.29B), and Germany ($740M).
Location Jordan borders Iraq, Israel, Saudi Arabia, and Syria by land and Egypt by sea.
The following section uses the most recent trade data from partners of Jordan.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2020): Potassic Fertilizers, $982M
Top Destination (2020): United States, $2.1B
In 2020, Jordan exported a total of $9.72B, making it the number 89 exporter in the world. During the last five reported years the exports of Jordan have changed by -$319M from $10B in 2015 to $9.72B in 2020.
The most recent exports are led by Potassic Fertilizers ($982M), Other Knit Garments ($561M), Packaged Medicaments ($508M), Calcium Phosphates ($483M), and Gold ($467M). The most common destination for the exports of Jordan are United States ($2.1B), Saudi Arabia ($1.15B), India ($1.01B), Iraq ($662M), and China ($560M).
In 2020 Jordan imported $19.1B, making it the number 76 trade destination in the world. During the last five reported years the imports of Jordan changed by -$4.08B from $23.2B in 2015 to $19.1B in 2020.
The most recent imports of Jordan are led by Cars ($1.49B), Refined Petroleum ($808M), Petroleum Gas ($557M), Crude Petroleum ($511M), and Packaged Medicaments ($463M). The most common import partners for Jordan are China ($3.23B), Saudi Arabia ($2.37B), United States ($1.34B), United Arab Emirates ($1.29B), and Germany ($740M).
Fastest Growing Export Markets (2019 - 2020)
Jordan Exports Services (2019): $7.97B
Jordan Imports Services (2019): $4.97B
In 2019, Jordan exported $7.97B worth of services. The top services exported by Jordan in 2019 were Personal travel ($5.31B), Transportation ($1.47B), Business travel ($474M), Government services, n.i.e. ($256M), and Other business services ($186M).
The top services imported by Jordan in 2019 were Transportation ($2.6B), Personal travel ($1.25B), Insurance services ($413M), Government services, n.i.e. ($259M), and Business travel ($212M).
The top product import tariffs by their MFN Ad Valorem value for Jordan are Grape wines, alcoholic grape must nes (654%)and Grape must, unfermented, except as fruit juice (416%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Jordan are:
Jordan has a high level of specialization in Phenol Derivatives (501), Calcium Phosphates (278), Sheep and Goats (167), Phosphoric Acid (161), and Other Knit Garments (138). Specialization is measured using RCA, an index that takes the ratio between Jordan observed and expected exports in each product.
The highest complexity exports of Jordan according to the product complexity index (PCI) are Ceramic, glass pigments, opacifiers, colours, enamels (1.16), Derivatives of phenols or phenol alcohols (0.97), Potato flour, meal, flakes, etc (0.94), Pigments for paint, stamping foils, dyes, retail (0.91), and Rubberised textile fabric, except tyre cord (0.73). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Jordan according to the relatedness index, are Packing Bags (0.23), Molasses (0.23), Non-Knit Women's Undergarments (0.22), Fruit Juice (0.22), and Other Nuts (0.22). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Jordan is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Jordan's economy has become relatively less complex, moving from the 37th to the 63rd position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
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