Access to the Jordanian market: distribution, customs, and regulations
Business Plan for Jordan
International Trade and Business in Jordan:
The educational aims of the Subject “Foreign Trade, Logistics and Business in the Hashemite Kingdom of Jordan” are:
To analyze the Jordanian Economy, Logistics and Global Trade
To conduct research on business opportunities in the Hashemite Kingdom of Jordan
To explore the Jordanian trade relations with the student's country
To learn about Jordanian Trade Agreements
To examine the profile of Jordanian businesspeople and companies
To develop a business plan for the Jordanian Market
The Subject “Foreign Trade, Logistics and Business in Jordan” is included within the curriculum of the following academic programs at EENI Global Business School:
Jordanian Economy is experiencing a very high growth rates
Jordan is the second Arab economy that has grown over the past fifty years
The Hashemite Kingdom of Jordan has significant natural resources, but its business sector is not well established, their economy is very open
According to the Heritage Foundation, the Index of Economic Freedom of Jordan was 52
There are substantial trade and investment opportunities in construction, public sector, and commercial sector
According to the Central Bank of Jordan the services sector, including construction, accounts for 71.9% of GDP
Jordanian tourism has become increasingly important in recent years (between 8 and 10% of the Jordanian GDP)
in recent years the most dynamic sector of the Jordanian economy has been the construction sector
Jordanian industry comprises a broad range of products: meat products, fruits, vegetables, dairy, animal food, confectionery, soft drinks, snuff, olive oil, alcohol, and others
Jordan exports only 15% of his production
Currency: Jordanian dinar (JOD)
Deregulated telecommunication Market
Jordanian Foreign Trade.
Main suppliers of Jordan were Saudi Arabia (21%), China (10%),
Germany (6%), the United States (4%), Egypt (4%), South Korea (3%) Italy (3%), India (3%), Japan (2.9%), and Turkey (2%)
The European Union accounts for 24% of the Jordanian imports
The largest export markets
of Jordan were India (20%), the United States (16%),
Iraq (13%), Saudi Arabia (7%), the UAE (3%), and Syria (3%)
Jordanian main exports are apparel and clothing, fertilizers, vegetables, and pharmaceutical products
Jordanian main imports are Mineral fuels, nuclear reactors, electrical machinery, and vehicles
Qualifying Industrial Zones: free access to the United States market
Free Zones (Aqaba and Zarqa)
Jordan has more Trade Agreements than any other Arab country: the United States, Canada, Singapore, Malaysia, Egypt, EFTA, Tunisia, Algeria, Libya, Lebanon, Turkey, and Syria.
More Trade Agreements are provided with Iraq, Palestine, GCC countries, Lebanon, and Pakistan.