Based on insights from Fibre2Fashion's TexPro, the value of Jordan's exports to North America was $622.754 million between January and March 2023, which represents a 24.46 per cent decrease compared to $824.369 million in the same period last year. Looking back, Jordan's apparel exports to North America amounted to $782.350 million in Q1 of 2021, $896.642 million in Q1 2020, $827.369 million in Q1 2019, and $725.763 million in Q1 2018.
Furthermore, Jordan's apparel exports to Europe totalled $44.908 million, accounting for 6.31 per cent of the total in the first quarter of 2023. Meanwhile, exports to the Asia-Pacific region valued at $28.406 million, making up 3.99 per cent of the total exports during this period, as per data from TexPro.
A country-specific analysis reveals that the United States was Jordan's largest export market in the first quarter of 2023, absorbing 82.49 per cent of its total exports. Other significant markets included Canada, the UK, the Netherlands, and Belgium.
In 2022, Jordan's total apparel exports reached $4.497 billion, with North America contributing 88.17 per cent of these shipments. Specifically, exports to North America totalled $3.965 billion during 2022.
ALCHEMPro News Desk (KUL)
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