TRADE AND INVESTMENT PROMOTION

Indo-Jordan trade is governed by an agreement signed in 1976 under which a Trade and Economic Joint Committee promotes and monitors the progress. Over the years, the trade between the two countries has grown rapidly although the balance of trade has been in favour of Jordan during the last few years. The bilateral trade which was recorded at US$ 131 million in 1985 , more than doubled to US$ 307 in 2000 and reached a volume of US $ 570 millions in 2006 and to US$ 771 million in 2007. While India's imports from Jordan increased from US$ 126 million in 1985 to US$ 347 millions in 2005 and to US $ 394 millions in 2006 and US$ 469 millions in 2007 to , Indian exports rose from a modest figure of US$ 5 million in 1985 to US$ 128.5 in 2005 and to US $ 176 millions in 2006 and to US$ 302 million in 2007.

 

 

India remains the largest importer of Jordan Potash and Phosphates which has contributed to the adverse balance of trade. India 's main items of imports from Jordan are fertilizers, phosphates, phosphoric acid etc. India 's exports to Jordan consist of frozen meat, organic and inorganic chemicals, animal fodders, engineering goods, manmade filaments, auto spare parts etc.

Jordan is deficient in natural resources including water. Its main export is rock phosphate, potash and phosphoric acid. Two factories produce cement from local lime stone. Major portion of their production is exported. The Jordan Valley has been developed for agricultural purposes with modern methods of irrigation. Jordan was exporting fruits and vegetables to the Gulf and neighbouring Arab Countries but this was seriously affected by the 1990-91 Gulf crisis. However, Jordan imports more than it exports and the trade deficit is generally financed by foreign aid and grants.


 

Indo - Jordan Trade Statistics Commoditywise for 2007

Code

Commodity_Description

Year

Import: Value C.I.F. in J.D.

Domestic Export: Value F.O.B. in J.D.

 

01

Live animals

2007

1,138

0

02

Meat and edible meat offal

2007

23,222,692

0

03

Fish and crustaceans,molluscs and other aquatic invertebrates

2007

265,983

0

04

Dairy produce; birds'eggs;natural honey; edible products of animal origin, not elsewhere specified or included

2007

447,728

0

06

Live trees and other plants;bulbs roots and the like; cut flowers and ornamental foliage

2007

27,129

0

07

Edible vegetables and certain roots and tubers

2007

1,801,129

0

08

Edible fruit and nuts; peel of citrus fruit or melons

2007

1,419,002

8,618

09

Coffee, tea, mate' and spices

2007

4,497,599

0

10

Cereals

2007

6,638,623

0

11

Products of the milling industry; malt;starches;inulin,wheat gluten.

2007

189,655

0

12

Oil seeds and oleaginous fruits miscellaneous grains, seeds and fruit; industrial or medical plants; straw and fodder

2007

873,147

0

13

Lac; gums; resins and other vegetable saps and extracts

2007

77,521

0

14

Vegetable plaiting materials; vegetable products not elsewhere specified or included

2007

1,187

0

15

Animal or vegetable fats and oil and their cleavage products; prepared edible fats;animal or vegetable waxes

2007

4,426,520

0

16

Preparations of meat,of fish,or of crustaceans,molluscs or other aquatic invertebrates

2007

27,926

0

17

Sugars and sugar confectionery

2007

2,326,750

5,743

18

Cocoa and cocoa preparations

2007

1,356

17,383

19

Preparations of cereals,flour starch;or milk,pastrycooks, products

2007

17,390

0

20

Preparations of vegetables,fruit, nuts or other parts of plants

2007

634,149

0

21

Miscellaneous edible preparations

2007

258,451

0

22

Beverages, spirits and vinegar

2007

910,643

0

23

Residues and waste from the food industries;prepared animal fodder

2007

5,220,679

0

24

Tobacco and manufactured tobacco substitutes

2007

2,412,379

0

25

Salt; sulphur; earths and stone; plastering materials, lime and cement

2007

582,160

98,343,759

27

Mineral fuels, mineral oils and products of their distillation bituminous substances;mineral waxes

2007

46,924,369

0

28

Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes

2007

560,853

38,960,880

29

Organic chemicals

2007

22,146,658

0

30

Pharmaceutical products

2007

727,056

709

31

Fertilisers

2007

59,079

186,106,899

32

Tanning or dyeing extracts;tannins and their derivatives;dyes, pigments and other colouring matter;paints and varnishes;putty and other mastics;inks.

2007

1,109,030

0

33

Essential oils and resinoids; perfumery,cosmetic or toilet preparations

2007

559,543

4,000

34

Soap,organic surface-active agents washing preparations;lubricating preparations,artificial waxes, prepared waxes,polishing or scouring preparations,candles and similar articles,modelling pastes, "dental waxes"?and dental preparations with a basis of plaster

2007

1,455,441

0

35

Albuminoidal substances;modified starches;glues;enzymes.

2007

152,487

0

36

Explosives;pyrotechnic products; matches;pyrophoric alloys;certain combustible preparations

2007

218,500

0

37

Photographic or cinematographic goods

2007

51,554

0

38

Miscellaneous chemical products

2007

1,221,659

0

39

Plastics and articles thereof

2007

4,798,065

284,107

40

Rubber and articles thereof

2007

2,021,870

0

41

Raw hides and skins (other than furskins) and leather

2007

202,976

100,164

42

Articles of leather;saddlery and harness;travel goods,handbags,and similar containers;articles of animal gut (other than silk-worm gut)?

2007

147,471

0

44

Wood and articles of wood; wood charcoal

2007

853,305

0

46

Manufactures of straw,of esparto or of other plaiting materials; basketware and wickerwork

2007

6,258

0

47

Pulp of wood or of other fibrous cellulosic material;waste and scrap of paper or paperboard

2007

0

168,462

48

Paper and paperboard;articles of paper pulp,of paper or of paper board

2007

2,179,759

148,172

49

Printed books,newspapers,pictures and other products of the printing industry;manuscripts,typescripts and plans

2007

88,004

0

50

Silk

2007

119,338

0

51

Wool,fine or coarse animal hair; horsehair yarn and woven fabric

2007

90,331

126,893

52

Cotton

2007

152,808

0

53

Other vegetable textile fibres, paper yarn and woven fabrics of paper yarn

2007

489,614

0

54

Man-made filaments

2007

1,141,647

0

55

Man-made staple fibres

2007

2,604,266

0

56

Wadding,felt and nonwovens,special yarns;twine,cordage,ropes and cables and articles thereof

2007

68,616

0

57

Carpets and other textile floor coverings

2007

199,386

0

58

Special woven fabrics;tufted textile fabrics;lace;tapestries; trimmings;embroidery

2007

417,737

0

59

Impregnated,coated,covered or laminated textile fabrics,textile articles of a kind suitable for industrial use

2007

35,448

0

60

Knitted or crocheted fabrics

2007

1,347,782

8,523

61

Articles of apparel and clothing accessories,knitted or crocheted

2007

951,868

0

62

Articles of apparel and clothing accessories,not knitted or crocheted

2007

2,076,966

7,500

63

Other made up textile articles, sets,worn clothing and worn textile articles;rags

2007

689,759

0

64

Footwear,gaiters and the like; parts of such articles

2007

440,693

0

65

Headgear and parts thereof

2007

16,842

0

67

Prepared feathers,and down and articles made of feathers or of down;artificial flowers;articles of human hair

2007

793

0

68

Articles of stone,plaster,cement, asbestos,mica or similar materials

2007

2,416,847

49,144

69

Ceramic products

2007

600,831

0

70

Glass and glassware

2007

1,498,295

0

71

Natural or cultured pearls, precious or semi-precious stones, precious metals,metals clad with precious metal and articles thereof;imitation jewellery;coin

2007

197,641

464,281

72

Iron and steel

2007

8,736,218

1,175,559

73

Articles of iron or steel

2007

1,318,609

397,030

74

Copper and articles thereof

2007

10,186,436

1,209,099

76

Aluminium and articles thereof

2007

280,600

2,186,019

78

Lead and articles thereof

2007

116,138

1,918,574

79

Zinc and articles thereof

2007

14,132

748,374

80

Tin and articles thereof

2007

3,272

0

82

Tools,implements,cutlery,spoons and forks,of base metal;parts thereof of base metal

2007

297,786

0

83

Miscellaneous articles of base metal

2007

159,638

0

84

Nuclear reactors,boilers,machinery and mechanical appliances;parts thereof

2007

5,387,090

74,783

85

Electrical machinery and equipment and parts thereof;sound recorders and reproducers,television image and sound recorders and reproducers and parts and accessories of such articles

2007

25,384,221

0

87

Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

2007

1,830,388

0

90

Optical,photographic, cinematographic,measuring,checking precision,medical or surgical instruments and apparatus;parts and accessories thereof

2007

1,000,457

0

91

Clocks and watches and parts thereof

2007

15,022

0

94

Furniture,bedding,mattresses, mattress supports,cushions and similar stuffed furnishing,lamps and lighting fittings,not elsewhere specified or included; illuminated signs,illuminated name-plates and the like; perfabricated buildings

2007

362,300

0

95

Toys,games and sports requisites, parts and accessories thereof

2007

27,617

0

96

Miscellaneous manufactured articles

2007

524,858

0

99

Unspecified

2007

2,119,042

0

 

 
 
Source: Department of Statistics, Amman (Jordan).

 
GLOBAL IMPORTS AND EXPORTS WITH INDIA’S SHARE THEREIN

According to figures provided by the Jordanian Department of Statistics and Government of India's Department of Commerce:

 

    2004

(US $ in Million)

2005

(US $ in Million)

2006

(US $ in Million)

2007

(US $ in Million)

Percentage Change in 2007 as compared to 2006

Jordan's Global Exports

2699

3624

4092

4, 483

 

9.5%

Exports to India

202

347

394

469

 

19%

India's share   

7%

9.5%

9.6%