Irbid Chamber of Commerce Reports 5.3% Export Growth in October

Irbid:The Irbid Chamber of Industry has recorded a significant increase in its exports for the month of October. Authorized exports reached USD85.3 million, marking a 5.3 percent growth compared to the USD80 million recorded in the same period last year.

According to Jordan News Agency, there was a notable decrease in the number of issued certificates of origin, which fell by 20.1 percent year-over-year. The number of certificates issued dropped from 1,470 to 1,175.

The leather and garment sector remained the largest contributor to exports, with USD73.9 million. This was followed by foodstuffs and agricultural products at USD5.97 million, therapeutic and medical supplies at USD2.4 million, plastics and rubber at USD1.2 million, and chemical and cosmetic industries at USD1.17 million. Other exports were distributed across engineering, electrical, construction, packaging, and paper industries.

The United States emerged as the top export market, receiving goods valued at USD58.5 million. Germany, the Netherlands, and Saudi Arabia followed with exports worth USD3.17 million, USD2.55 million, and USD2.01 million, respectively. Regionally, North America was the largest recipient with USD61.4 million, followed by Asia at USD11.3 million, Europe at USD9.9 million, and Africa at USD2.34 million.

Al Hasan Industrial City was the leading contributor to the export value, accounting for USD81.8 million. Cyber City contributed USD2.73 million, and the chamber's main office accounted for USD743,000.

Hani Abu Hassan, President of the Irbid Chamber of Industry, stated that the growth in October highlights the industrial sector's momentum and resilience despite global trade challenges. He emphasized the need to explore new export markets, including Syria, and called for an increase in production capacity at Al Hasan Industrial City to attract new investments and sustain economic growth.