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Jordan-Qatar Trade Relations Strengthen with 5.6% Growth in 2024

Qatar 20.01.2025
Source: DairyNews.today
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The trade balance between Jordan and Qatar witnessed a steady rise of 5.6% in 2024, signaling robust economic relations between the two nations. Total trade exchange reached approximately $250 million, up from $236.2 million in 2023 and $219.7 million in 2022, according to data released by Qatar's Planning and Statistics Authority.
Jordan-Qatar Trade Relations Strengthen with 5.6% Growth in 2024

Expanding Trade Portfolio

Jordan's exports to Qatar include a diverse range of consumer and food products, catering to the Gulf state’s growing demand for high-quality goods. Key Jordanian exports comprise fresh and processed foods, including vegetables, fruits, meats, dairy products, grains, fresh cheeses, poultry, sweets, rice, juices, nuts, oils, pickles, herbs, honey, eggs, and Jordanian coffee.

Qatar’s exports to Jordan are dominated by chemicals and industrial products. Items such as motor oils, sulfuric acid, aluminium molds, paraffin, polyethylene, iron rods, chemical fertilizers, plastic bags, organic fertilizers, and medical solutions form the backbone of Qatari shipments to Jordan.

Drivers of Growth

The steady increase in trade is largely attributed to Qatar’s rising imports of Jordanian food and consumer goods, particularly vegetables and fruits. Since 2020, the demand for these products has surged, bolstering the trade relationship and supporting Jordan’s agricultural and food production sectors.

Over the past decade, total trade volume between the two countries has surpassed $3.17 billion, reflecting a long-standing partnership built on economic cooperation and mutual benefits.

Strengthening Bilateral Ties

The sustained growth in trade highlights the depth of economic ties between Jordan and Qatar, underscoring the potential for further collaboration. The exchange of goods spans essential sectors, from agriculture and food production to chemicals and industrial materials, showcasing the complementary nature of their economies.

This trade relationship is a testament to the success of both countries’ economic strategies, as they continue to explore avenues for diversifying trade and fostering sustainable growth.

As the region faces global challenges such as supply chain disruptions and economic uncertainties, the strengthened trade balance between Jordan and Qatar stands as a beacon of resilience and partnership. Both nations appear poised to deepen their economic integration in the years ahead.

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