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Jordan exports rise 10.7% in 10 months

The Jordanian Department of Statistics has said the value of the national exports rose by 10.7 per cent and the re-exports by 10.5% during the first 10 months of 2007, compared to the same period of 2006, reported MENAFN. Similarly, the value of imports has risen by 14% during the same period.

The deficit in the trade balance, which is calculated by deducting the value of imports from the value of total exports, has risen by 16.6% during the first 10 months of 2007 as compared to the same period of 2006.

The imports coverage by the exports also rose to 43.2per cent during the first ten months of 2007.