BusinessMain News

Jordan’s mobile phone imports decline by 16% in 1H 2023

Jordan Daily – Jordan imported about 750,000 mobile phones at a value of JD75 million in the first half of the year, with a remarkable decline from past years, according to a local group.

About 410,000 cellphone devices were imported at a value of JD43 million during the first quarter of the year, and 342,000, worth JD32 million were imported in the second quarter, Vision Association for Mobile Devices Investors said Tuesday.

“The local market has various brands of mobile phones, in addition to a variety of accessories, which give choices for consumers that suit their needs and budgets, and enhance competitiveness and activity in the market,” said Ahmad Alloush, head of the group.

China is top of countries that export cellphones to Jordan, followed by India and South Korea, he said.

However, he pointed out that imports dropped from 2022, when they amounted to JD174 million, and marked a decline of about 16 percent from 2021, attributing the downtrend to the imposition of a 16 percent tax on cellular devices.

He pointed out that financial statements in the last three years showed a significant tax impact on sales, especially as cell phones have become a necessity, not a luxury.

Back to top button