Expanding Trade and Economic Coooperation with Jordan's Neighbors

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Date Added
2017-03-19

Corporate Authorship
USAID Jordan Economic Development Program.

Issue Date
2009

Uploaded By:
USAID/Jordan Monitoring and Evaluation Support Program (MESP) USAID/Jordan Monitoring and Evaluation Support Program (MESP)
(Muna Mansour)

Resource Type
Other

Language
English

Activity
SABEQ (Sustainable achievement of business expansion and quality)

Collections

This resource is part of the following collections:

Tags: Civil Engineering Collective agreements Economic growth and development Investment promotion International trade Financial institutions Investment Organizational structure Architecture

Jordan’s economic relations with its closest neighbors, Iraq and West Bank, have grown
over recent years despite the ongoing tensions and security concerns in the region. Iraq
remains one of Jordan’s primary export destinations, accounting for just under one-seventh
of total Jordanian exports. Jordan is, in return, one of Iraq’s largest sources of imports,
behind China, Turkey and the US. Iraqi exports to Jordan, however, have actually declined
over recent years, both in terms of oil and non-oil goods. While Jordan’s trade ties with Iraq
are already relatively strong, economic ties with the West Bank remain weak. Jordan’s
exports to West Bank amounted to $50 million in 2008, one percent of Jordan’s total exports
to the world. Imports from West Bank were less than $35 million in 2008.

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