Economy

Jordan’s Agricultural Exports Skyrocket by 25% to $705m!

Jordan’s Agricultural Exports Surge by 25.3% Driven by Modern Farming Practices

In a remarkable display of growth, Jordan’s agricultural exports have soared by 25.3 percent from January to the end of May, reaching a total of 500 million Jordanian dinars ($705 million). This surge is attributed to the implementation of government-led irrigation techniques and modern farming practices, as reported by the Jordan News Agency, Petra.

Impressive Growth in Fruit and Vegetable Exports

Minister of Agriculture, Khaled Hunaifat, credited the staggering growth to the total exports of fruits and vegetables, which saw a 32 percent increase to 178,000 tons in the first five months of 2024. The value of these exports also rose by 22.3 percent to 125.5 million dinars compared to the same period last year.

Boost in Vegetable and Fruit Exports

The value of vegetable exports increased by 19 percent, with a volume rise of 27 percent to 130,000 tons by May compared to the previous year. Similarly, fruit exports witnessed a 29.5 percent boost in value, with a cumulative quantity of 48,000 tons marking a 48 percent increase over the previous year.

Surge in Live Animal Exports

Live animal exports saw a significant surge, reaching 44.2 million dinars – a massive 259 percent increase compared to last year. This rise is attributed to the export of 220,000 live sheep, reflecting a 260 percent increase over the same period in 2023.

Challenges and Innovations in Jordan’s Agriculture Sector

Despite its crucial role in the economy, Jordan’s agriculture sector faces challenges such as water scarcity. However, the government’s support for agricultural research and development has led to enhanced crop yields and pest resistance. Subsidies for export logistics and partnerships with international markets have also played a crucial role in driving export volumes.