Flag Jordan

Econ Complexity (2018): -0.021, Rank 66 of 137

Product Exports (2018): $8.28B, Rank 95 of 222

Exports Per Capita (2018): $831, Rank 89 of 219

Product Imports (2018): $22.3B, Rank 73 of 221

Imports Per Capita (2018): $2.24k, Rank 80 of 219

Service Exports (2017): $5.54B, Rank 71 of 139

Service Imports (2017): $2.16B, Rank 89 of 139

GDP (2018): $42.2B, CURRENT US$
Rank 91 of 196

GDP growth (2008 - 2018): 89.5%, CURRENT US$
Rank 39 of 196

GDP PC (2018): $4,242, CURRENT US$
Rank 116 of 196

GDP PC GROWTH (2008 - 2018): 24.8%, CURRENT US$
Rank 96 of 196

Overview: In 2018 Jordan was the number 91 economy in the world in terms of GDP (current US$), the number 95 in total exports, the number 73 in total imports, and the number 66 most complex economy according to the Economic Complexity Index (ECI). In 2018, Jordan exported $8.28B and imported $22.3B, resulting in a negative trade balance of -$14.1B. In 2018, Jordan's exports per capita were $831 and its imports per capita were $2.24k.

Trade: The top exports of Jordan are Potassic Fertilizers ($751M), Calcium Phosphates ($511M), Packaged Medicaments ($508M), Knit Sweaters ($374M), and Mixed Mineral or Chemical Fertilizers ($276M). The top imports of Jordan are Cars ($1.51B), Refined Petroleum ($1.38B), Petroleum Gas ($1.22B), Crude Petroleum ($1.16B), and Packaged Medicaments ($498M).

Destinations: Jordan exports mostly to United States ($1.6B), Saudi Arabia ($999M), India ($813M), Iraq ($706M), and United Arab Emirates ($416M), and imports mostly from Saudi Arabia ($3.73B), China ($3B), United Arab Emirates ($1.54B), United States ($1.46B), and Germany ($994M).

Location: Jordan borders Iraq, Israel, Saudi Arabia, and Syria by land and Egypt by sea.

Product Exports

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Value
Depth

Top Export (2018): Potassic Fertilizers, $751M

Top Destination (2018): United States, $1.6B

In 2018 Jordan exported a total of $8.28B, making it the number 95 exporter in the world. During the last five reported years the exports of Jordan have changed by -$412M from $8.69B in 2013 to $8.28B in 2018.

The most recent exports are led by Potassic Fertilizers ($751M), Calcium Phosphates ($511M), Packaged Medicaments ($508M), Knit Sweaters ($374M), and Mixed Mineral or Chemical Fertilizers ($276M). The most common destination for the exports of Jordan are United States ($1.6B), Saudi Arabia ($999M), India ($813M), Iraq ($706M), and United Arab Emirates ($416M).

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Product Imports

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Value
Depth

Top Import (2018): Cars, $1.51B

Top Origin (2018): Saudi Arabia, $3.73B

In 2018 Jordan imported $22.3B, making it the number 73 trade destination in the world. During the last five reported years the imports of Jordan changed by -$1.92B from $24.3B in 2013 to $22.3B in 2018.

The most recent imports of Jordan are led by Cars ($1.51B), Refined Petroleum ($1.38B), Petroleum Gas ($1.22B), Crude Petroleum ($1.16B), and Packaged Medicaments ($498M). The most common import partners for Jordan are Saudi Arabia ($3.73B), China ($3B), United Arab Emirates ($1.54B), United States ($1.46B), and Germany ($994M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Jordan Exports Services (2017): $5.54B

Jordan Imports Services (2017): $2.16B

In 2017, Jordan exported $5.54B worth of services. The top services exported by Jordan in 2017 were Personal travel ($4.3B), Government services, n.i.e. ($397M), Business travel ($346M), Other business services ($236M), and Construction services ($70.2M).

The top services imported by Jordan in 2017 were Personal travel ($1.19B), Insurance services ($410M), Business travel ($203M), Government services, n.i.e. ($109M), and Other business services ($82.7M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Jordan. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Tariffs by Product

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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.

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*The tariffs applied to imports for Jordan are:
136: Most Favoured Nation duty rate treatement
161: Preferential tariff for Algeria
167: Preferential tariff for Bahrain
178: Preferential tariff for Canada
206: Preferential tariff for Egypt
219: Preferential tariff for European Union countries (AA) Association Agreement
224: Preferential tariff for for occupied Palestinian territory
238: Preferential tariff for Iceland
243: Preferential tariff for Iraq
244: Preferential tariff for Israel
255: Preferential tariff for Lebanon
257: Preferential tariff for Libya
273: Preferential tariff for Morocco
281: Preferential tariff for Norway
282: Preferential tariff for Oman
294: Preferential tariff for Saudi Arabia
299: Preferential tariff for Singapore
305: Preferential tariff for Sudan
307: Preferential tariff for Switzerland and Liechtenstein
313: Preferential tariff for the League of Arab States
321: Preferential tariff for Tunisia
322: Preferential tariff for Turkey
328: Preferential tariff for United States

Economic Complexity

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Economic Complexity Ranking

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Scale

During the last 20 years Jordan's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨33rd to the 66th⁩ 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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Most Specialized Products by RCA Index

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Jordan has a high level of specialization in Phenol Derivatives (353), Calcium Phosphates (349), Halogens (113), Phosphoric Acid (112), and Nitrites and Nitrates (109). Specialization is measured using RCA, an index that takes the ratio between Jordan observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Jordan according to the product complexity index (PCI) are Machines to extrude, draw, cut manmade textile fibres (1.58), Blood, antisera, vaccines, toxins and cultures (1.21), Rubberised textile fabric, except tyre cord (1.19), Glues and adhesives nes, pack <1kg (1.09), and Pigments for paint, stamping foils, dyes, retail (0.86). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Jordan according to the relatedness index, are Molasses (0.25), Raw Sugar (0.25), Locust beans, seaweed, sugar beet, cane, for food (0.24), Other Oily Seeds (0.24), and Cotton Waste (0.24). 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 it is currently specialized in.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a 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 emissions.