Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
The U.S.-Jordan Free Trade Agreement (FTA) was signed in 2000 and entered full implementation in January 2010. The FTA is viewed as an enduring success. Since the FTA’s inception, bilateral trade in goods and services has reached $4.068 billion in 2020, were $542 million were in goods export. Services have also expanded rapidly, particular in information technology, financial services, and business consulting. U.S. goods and services exports to Jordan accounted for $1.861 billion of which goods and services exports were valued at $1.319 billion and $542 million, respectively
In addition to the United States, Jordan is also party to bilateral trade agreements with Canada and Singapore and is a signatory to several regional trade agreements including the European Free Trade Association (Norway, Switzerland, Liechtenstein), Greater Arab Free Trade Agreement (GAFTA), and Aghadir Agreement (Egypt, Morocco, Tunisia) which is connected to the Association Agreement (EU). U.S. businesses will find competitors from Europe, the Middle East, and Asia pursuing government tenders and market share in Jordan’s import sector.
- FTA Help Center: https://www.trade.gov/free-trade-agreements-help-center
- FTA Toolbox: https://www.trade.gov/fta-resources-toolbox
- FTA Tariff Tool: https://www.trade.gov/fta-tariff-tool-home