Egypt-Jordan trade balance jumps to $408.6M in 4 months

CAIRO, July 16 (MENA) - The volume of trade exchange between Egypt and Jordan from January to April jumped to reach $408.6 million with an increase of 108.2 percent compared to the corresponding period in 2018.

The balance of trade between the two countries in four the months recorded a surplus worth $325.6 million in favor of Egypt, a report issued by the Egyptian Commercial Office in Amman said on Sunday.

Egyptian exports to Jordan in the first four months of 2019 soared by 126.4 percent jumping from $162.4 million in 2018 to $367.1 million in 2019, according to Jordan's Department of Statistics' data.

Orange, cheese, TV sets, chicken stock and frozen french fries topped the list of Egypt's exports.

Egypt's imports from Jordan increased by 22.7 percent in the first four months of 2019 to reach $41.5 million.