Group 1: Impact of US Tariffs on Jordan's Export Industry - Jordan's export industry is significantly impacted by US trade protectionism, with calls for market diversification and enhanced export capabilities [1][2] - The US is Jordan's largest export market, with an estimated export value of 2.2 billion dinars (approximately 3.1 billion USD) in 2024, accounting for about 25% of Jordan's total exports [1] - The garment industry is the largest export sector in Jordan, facing profit compression and increased competition due to a 15% tariff imposed by the US [1][2] Group 2: Specific Industry Challenges - Companies like Jordan's Al-Wasat Garments Co. report that the new tariffs will be shared among factories, importers, and consumers, with small factories particularly vulnerable due to high operational costs and low profit margins [1] - The apparel sector is experiencing a slowdown in overseas orders as US tariffs are higher compared to those imposed on competitors like Egypt and Kenya [2] - The food industry is also adversely affected, with exporters facing pressure to reduce prices by 5%, which could eliminate profit margins [2] Group 3: Calls for Strategic Changes - Jordan's export community is urging the government to diversify export markets and enhance competitiveness in response to US tariffs [2][3] - The Jordanian Jewelers Association is seeking to negotiate lower tariffs on jewelry while exploring new markets in the Gulf and North Africa [3] - Experts emphasize the need for structural reforms, including improving production efficiency, expanding capacity, and enhancing logistics and marketing environments [3]
约旦出口行业因困思变
Jing Ji Ri Bao·2025-10-11 22:15