Jordan’s hydrocarbon import expenses at JD1.36 bln through May

shahennews

 Jordan’s financial expenditure on crude oil imports, associated derivatives, and mineral oils, observed a contraction up until May 2023, settling at approximately JD1.361 billion, a dip from the previous year’s mark of around JD1.439 billion in the corresponding period.

Wednesday’s foreign trade report published by the Department of Statistics conveyed a 5.4 percent contraction in the nation’s hydrocarbon expenditure during the initial quintile of this calendar year.

This downturn in the nation’s importation of crude oil and its derivatives has played a substantial role in mitigating an uptick in Jordan’s import expenditure during the initial five months of the year.

In relation to the primary imported derivatives, fuel and mineral oils ascended to the peak of the oil derivatives import chart in the first quintile of this year, recording JD507 million, an increase from last year’s corresponding figure of JD461 million.

This was trailed by imports of raw “petroleum”, which equated to JD293 million, descending from the prior year’s JD370 million.

The nation’s gasoline imports amounted to around JD282 million, a slight increase from the previous year’s figure of JD275 million, followed by diesel imports tallying about JD264 million, a decrease from the prior JD308 million.

Imports of lubricating oils were recorded at JD15 million, an increment from JD13 million in the corresponding period the previous year.

//Petra// AA