Petra - First to know

Moderate
Amman
33°C
Dark Mode Light Mode
rows
العربية

Moderate

Amman

33°C

  • Search
  • News Archive
  • Week’s News
  • Sitemap
The Jordan News Agency
The Jordan News Agency
AR
  • General Bulletin
  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums
  • About Petra
    1. News Archive
    2. Week’s News
    3. Sitemap
| rows
  • Army evacuates 32nd group of sick children from Gaza for medical treatment in Jordan

Preparing print…

Local News

  1. Home Page
  2. Local News
  3. Economic Forum Sees Strategic Opportunity for Jordan in Shifting Global Trade Routes

Economic Forum Sees Strategic Opportunity for Jordan in Shifting Global Trade Routes

19/05/2026 | 12:19:12

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa
Economic Forum Sees Strategic Opportunity for Jordan in Shifting Global Trade Routes

Amman, May 19 (Petra) -- Accelerating geopolitical disruptions across key maritime corridors are creating a strategic opening for Jordan to strengthen its role as a regional trade and logistics hub, according to a new policy paper issued by the Jordan Economic Forum.

The paper said global trade patterns have undergone major shifts since 2023 amid rising risks in vital shipping routes, including the Red Sea and the Strait of Hormuz, prompting international companies and governments to search for safer and more flexible logistics alternatives.

Published under the title "Positioning Jordan as a Supporting Hub for Trade and Services: Opportunities and Challenges Amid Geopolitical Shifts," the study argued that Jordan is well positioned to benefit from the restructuring of global supply chains due to its geographic location, political stability, and access to regional markets through Aqaba Port and land transport networks.

According to the paper, disruptions in the Red Sea since late 2023 have directly affected shipping through the Bab Al-Mandeb Strait, which carries between 10 and 12 percent of global maritime trade, forcing many shipping companies to reroute vessels around the Cape of Good Hope.

The report added that geopolitical tensions surrounding the Strait of Hormuz intensified during early 2026, heightening concerns over the vulnerability of global trade flows as nearly one-quarter of global seaborne oil trade passes through the strategic waterway.

The paper estimated total global trade in goods and services at around $35 trillion in 2025, up from $32.5 trillion in 2024, while maritime transport continued to account for more than 80 percent of international trade volumes annually.

It also highlighted the growing adoption of "friendshoring" and "nearshoring" strategies, under which companies increasingly relocate supply chains toward politically stable or geographically closer markets to reduce exposure to geopolitical risks.

The study said Jordan possesses several advantages supporting its transformation into a regional logistics and trade support center, including its strategic location linking Gulf markets with the Levant and its relatively stable political and security environment.

Jordan’s total trade exchange rose by around 20 percent between 2023 and 2025 to reach approximately JD32.5 billion in 2025, compared with JD27.2 billion in 2023, while trade volume during the first quarter of 2026 reached JD4.7 billion, according to the paper.

The report also highlighted growing activity at Port of Aqaba, where transit container traffic increased by 137 percent during the first quarter of 2026 compared with the same period a year earlier, reflecting Aqaba’s expanding role in regional redistribution and logistics operations.

The paper identified railway infrastructure projects as a key component of Jordan’s future logistics strategy, particularly the Aqaba-mining railway project linking phosphate and potash production centers with Aqaba’s industrial port through a 360-kilometer rail line expected to handle up to 16 million tons annually by 2030.

It also pointed to proposed regional railway connections linking Saudi Arabia, Jordan, Syria, and Türkiye as potential alternative trade corridors connecting Gulf markets with Europe through Jordan.

The forum concluded that turning these geopolitical shifts into sustainable economic gains will require accelerating logistics and transport projects, improving investment readiness, and strengthening integration between maritime, land, and railway transport systems.

//Petra// RZ

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa

Topics:

  • Local News

Live News Feed

Al-Faisaly Begin AFC Champions League Two Against Qatar’s Al Rayyan Wednesday

15/09/2026 | 09:16:27

National Basketball Team Faces South Korea in Asian Games Quarterfinal Wednesday

15/09/2026 | 09:08:35

East Amman Industrial Job Fair to Offer 1,000 Opportunities Across 50 Companies

15/09/2026 | 09:00:35

Brief Rise in Temperatures Wednesday Before Cooler End to Week

15/09/2026 | 07:04:20

Daily News Bulletin

15/09/2026 | 06:43:01

JFA, Norwegian Football Federation conclude 'Empower Her' coaching courses

14/09/2026 | 23:18:44

More Of Local News

Al-Faisaly Begin AFC Champions League Two Against Qatar’s Al Rayyan Wednesday

Al-Faisaly Begin AFC Champions League Two Against Qatar’s Al Rayyan Wednesday

15/09/2026 | 09:16:27
Brief Rise in Temperatures Wednesday Before Cooler End to Week

Brief Rise in Temperatures Wednesday Before Cooler End to Week

15/09/2026 | 07:04:20
Daily News Bulletin

Daily News Bulletin

15/09/2026 | 06:43:01

Tadamon discusses impact of UN80 initiative to merge UN Women and UNFPA

14/09/2026 | 23:15:47

Army evacuates 32nd group of sick children from Gaza for medical treatment in Jordan

14/09/2026 | 22:27:10

Forbes Middle East names Al-Hammouri among top 50 healthcare leaders for 2026

14/09/2026 | 21:33:33

Jordan offers condolences to UAE over death of two defense ministry members

14/09/2026 | 21:27:43

Prince Hussein Civil Protection Academy graduates 14th cohort

14/09/2026 | 20:56:26
  • Need a little help?

    To adjust this website for your accessibility needs, select one or more options below.

    Invert Colors
    Invert Colors
    Invert Colors Invert Colors
    Dark Contrast Dark Contrast
    Desaturated Desaturated
    Highlight Links Highlight Links
    Highlight Links Highlight Links
    Text Spacing Text Spacing
    Light Spacing Light Spacing
    Moderate Spacing Moderate Spacing
    Heavy Spacing Heavy Spacing
    Font Size Font Size
    site.INCREASE_FONT_SIZE A
    site.INCREASE_FONT_SIZE A+
    site.INCREASE_FONT_SIZE A++
    site.FONT_TYPE Font Type
    Dyslexia Friendly Dyslexia Friendly
    Legible Font Legible Font
    Reading Reading
    Big Cursor Big Cursor
    ٍReading Cursor ٍReading Cursor
    Reading Guide Reading Guide
    Line Height Line Height
    Line Height (0.75) Line Height (0.75)
    Line Height (1.75) Line Height (1.75)
    Line Height (2) Line Height (2)
    Text Align Text Align
    Align Right Align Right
    Align Left Align Left
    Align Center Align Center
    Justify Text Justify Text
    Reset All
    site.ACCESSIBILITY_TOOL
  • rows
  • rows
  • rows
footer
footer
footer
Sanad Your service is our duty The right to obtain information Invest in Jordan footer-second-row-images-en Amman Message
  1. Sanad

  2. Your service is our duty

  3. The right to obtain information

  4. Invest in Jordan

  5. Amman Message

Main

  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums

About Petra

About Jordan

  • Official website of the Royal Hashemite Court
  • Official website of His Majesty King Abdullah II
  • Official website of His Royal Highness Crown Prince Al Hussein bin Abdullah II
  • Official website of Her Majesty Queen Rania Al Abdullah
  • Useful Link

Contact us

  • Phone

    +962 (6) 5609700
  • Fax:

    +962 (6) 5682493
  • PO BOX:

    6845 Amman 11118
  • Email:

    petra@petra.gov.jo
  • Address:

     Jamal Abdel-Naser Circle
  • rows

Download Application

  • Supports Internet Explorer 10+, Google Chrome, Firefox, Safari
  • This website is best viewed on a 768 x 1366 screen
  • Program required for browsing: Adobe Reader
  • Privacy Policy
  • Copyright
  • Terms of Use
  • Disclaimer
  • Cookies

All rights protected by - Petra News Agency 1997 - 2026 © Developed by dot.jo