|
|
|
History of US - Jordan Trade Relations
|
|
|
|
Trade Relationship Between the United States and Jordan |
Jordan’s Trade Flow
In 2001, Jordan’s domestic exports totaled 1,904,814 (in thousands
of U.S. dollars).
The distribution of Jordan’s exports worldwide in 2001 is as
follows:
|
Percentage |
Country |
|
22% |
Iraq |
|
28% |
Other Arab Countries |
|
12% |
United States |
|
11% |
India |
|
4% |
European Union countries |
|
16% |
Asian, Non-Arab Countries |
|
7% |
Other Countries |
Jordan’s domestic imports totaled 4,864 (in thousands of U.S.
dollars) for 2001. Jordan imports products from countries throughout the
world. The distribution of 2001 imports is as follows:
|
Percentage |
Country |
|
32% |
European Union |
|
24% |
Arab Countries |
|
8% |
United States |
|
5% |
China |
|
4% |
Japan |
|
27% |
Other Countries |
Trade with the United States
The last five years of trade between the Jordan and the United
States has witnessed significant improvement. From 1997 to 2001, the total
trade between the two countries has increased substantially- 59%. Throughout
these years, the United States exports to Jordan have remained relatively
stable. However, Jordan has witnessed more than a 3000% increase in exports to
the United States during this period.
External Trade Between Jordan and the United States
(In thousands of U.S. dollars)
|
|
Year |
Export |
Import |
Total |
|
1997 |
6,917 |
378,309 |
385,226 |
|
1998 |
7,885 |
363,494 |
371,379 |
|
1999 |
13,126 |
365,724 |
378,825 |
|
2000 |
63,168 |
453,512 |
516,680 |
|
2001 |
231,771 |
395,397 |
627,168 |
|
Source: Central Bank of Jordan, Monthly Statistical Bulletin, July
2002
|
Wheat and cereals represent Jordan’s largest import of United
States’ products. Other major categories include equipment mainly in the form
of aircraft parts and telecommunication equipment. Other significant categories
are tobacco, vegetable fats, rice, and data processing equipment.
|
Top 5 United States Exports to Jordan-2001
|
|
SITC
(3-digit)
|
Description |
FAS Value Basis
(in thousands of $)
|
| 041 |
Wheat
(including Spelt) and Meslin, unmilled |
86723 |
|
792 |
Aircraft
and Associated Equipment; Spacecraft (including Satellites) and Spacecraft
Launch Vehicles; and Parts Thereof |
27332 |
| 122 |
Tobacco,
Manufactured (whether Or Not Containing Tobacco Substitutes) |
18350 |
| 764 |
Telecommunications Equipment, N.e.s.; and Parts, N.e.s., and Accessories of
Apparatus Falling within Telecommunications, Etc |
13040 |
|
421 |
Fixed Vegetable Fats and Oils, Soft, Crude, Refined or Fractionated |
10366 |
|
Source: United States Census Bureau |
Jordan’s major export category to the United States market is
articles of apparel and clothing accessories. Other significant export
categories include crude fertilizers/minerals; jewelry; works of art/collector’s
pieces and antiques; and perfumes/cosmetics/toilet preparations.
|
Top 10 Jordanian Exports to the US-2001
|
|
SITC
(2-digit)
|
Description |
Customs Value Basis
(in thousands of $)
|
|
84 |
Articles of Apparel and Clothing Accessories |
183747 |
|
83 |
Travel Goods, Handbags and Similar Containers |
15491 |
|
89 |
Miscellaneous Manufactured Articles, N.e.s. |
10070 |
|
93 |
Special Transactions and Commodities not classified according
to kind |
6645 |
|
75 |
Office Machines and Automatic Data Processing Machines |
2279 |
|
27 |
Crude Fertilizers, except Those of Division 56, And Crude
Minerals (excluding Coal, Petroleum And Precious Stones) |
2026 |
|
55 |
Essential Oils And Resinoids And Perfume Materials; Toilet,
Polishing And Cleansing Preparations |
1823 |
|
28 |
Metalliferous Ores And Metal Scrap |
1112 |
|
79 |
Transport Equipment, N.e.s. |
905 |
|
Source: United States Census Bureau |
Back
|
