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.