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
2020 Service Exports | Imports : $2.5B | $3.1B, 48 of 65 | 46 of 65
Overview In 2020, Jordan was the number 89 economy in the world in terms of GDP (current US$), the number 89 in total exports, the number 76 in total imports, the number 120 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.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*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, $3.23B
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).
Fastest Growing Export Markets (2019 - 2020)
Jordan Exports Services (2020): $2.5B
Jordan Imports Services (2020): $3.1B
In 2020, Jordan exported $2.5B worth of services. The top services exported by Jordan in 2020 were Travel ($1.41B), Transportation ($488M), Other business services ($463M), and Government services, n.i.e. ($142M).
The top services imported by Jordan in 2020 were Transportation ($1.91B), Other business services ($684M), Travel ($382M), and Government services, n.i.e. ($121M).
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 Prepared Pigments (1.16), Phenol Derivatives (0.97), Potato Flours (0.94), Nonaqueous Pigments (0.91), and Rubber Textile Fabric (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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