Decreasing natural gas supply to the country and increasing oil prices have necessitated the import of more expensive fuel to generate electricity. Jordan has been faced with numerous issues impacting its textile and apparel industry. customers include brands and retailers such as Gap, JCPenney, Levi Strauss & Co., Liz Claiborne, Calvin Klein, Tommy Hilfiger, Walmart, Kmart, Limited, Sears, Columbia, New York Laundry and Victoria’s Secret. The Jordanian textile and apparel industry’s U.S. Jordan’s exports to the United States go through two main seaports in the Middle East, Aqaba and Haifa, which are among the fastest suppliers to the East Coast and offer shipping lead times of less than three weeks. In 2010, the United States constituted 93 percent of Jordan’s total apparel exports, the CBJ reports. Together, the agreements have contributed to an increase in Jordan’s apparel and textile exports to the United States from US$50 million annually before 1999 to US$1 billion in 2010, according to a MENA Knowledge and Learning report published by the World Bank in February 2012. The QIZ agreement went into force in 1996 and allows Jordanian products made in designated areas and containing Israeli inputs to enter the United States duty-free and quota-free. The Jordan-United States FTA went into force in 2001 and allows Jordanian products to enter the United States duty-free.
OXFORD INTERNATIONAL JORDAN FREE
Jordan has signed FTAs with the United States, European Union, European Free Trade Association, the Greater Arab Free Trade Area, Morocco, Turkey, Singapore and Canada.īoth the Jordan-United States FTA and the Qualified Industrial Zone (QIZ) agreement have significantly increased Jordan’s access to the U.S.
Jordan’s textile and apparel industry has benefited from numerous free trade agreements (FTAs) the country has signed as part of efforts to strengthen international cooperation and trade and increase its exports. The garment industry in Jordan has expanded rapidly over the past fifteen years. In 2019, Jordan’s exports of textile yarn, fabrics, made-up articles, related products and apparel totaled US$2 billion, according to the Central Bank of Jordan’s (CBJ’s) preliminary figures.