Leveraging Trade Preferences and Customs Efficiency
Some of these agreements include the Generalized System of Preferences (GSP) that eliminates tariffs to boost competitiveness in manufactures and service industries such as Information Technology, Aviation, Medical, Automotive and many others.
Customers also get tariffs accurate for their goods using the HS code and reduce customs time by up to 80% through engaging licensed customs brokers for their business operations.
Understanding Incoterms and DAP/DAPS
Understanding Incoterms including DAP (Delivered at Place) and DAPS (Delivered at Place Seller) is crucial for international trade in Jordan. DAP refers to the point when the seller makes the goods available for offloading at the point of destination while under DAPS it holds the responsibility throughout the transportation conduit.
Accurately applying these terms helps businesses manage shipping costs, reduce expenses by 10-15%, and optimize supply chain efficiency, ensuring clear responsibilities and risk mitigation.
Jordan’s Role in IT, Aviation, Medical, and Automotive Industries
IT Sector: Jordan’s advanced infrastructure and connectivity support the growth of the IT industry. With a focus on data center services and digital trade platforms, Jordan is well-positioned as a regional leader in IT services. Its logistics network enables quick delivery of IT equipment, enabling businesses to streamline operations across the region. Additionally, the country’s investment in cloud computing and technology hubs further supports the IT sector’s development.
Aviation Industry: The expansion of the aviation industry in Jordan bears the influence of its geographical position as a transit country between Europe and Asia. This has been after the expansion of the logistic facilities of Amman’s Queen Alia International Airport, ensuring proper and efficient transport of goods. Hence, there is a need to invest in the development of logistics infrastructure, since the aviation industry mostly deals with fast moving goods to the respective markets in the region.
Medical Sector: In the medical industry, Jordan has shown great commitment to cold chain logistics. This way, medical Equipment products can be stored and transported without compromising their quality. This push as Jordan emerges as the hub of health care logistics providers increasing attention is being paid to temperature controlled solutions for the handling of medical devices.
Automotive Industry: Just like the other sectors in the country, the automotive industry in Jordan has also been supported by the enhanced logistics infrastructure. Thus, the automotive parts and vehicles can easily be transported to local manufacturers and other markets within the region. The need for automobiles is ever rising, especially in neighboring countries, and Jordan’s transport infrastructure system plays a vital role in the delivery of automotive goods.
The Role of Jordan in Regional Logistics and Digital Trade Integration
Logistics has emerged in Jordan as being among the important partners within the region for it provides storage centers, distribution, and transit for humanitarian aids. Retails SCM software, IoT solutions, cloud-based inventory systems have helped to make it easier to track material flow, minimize mistakes, and work faster.
These technologies have improved supplier partnering and customs dealings and have allowed companies in Jordan to bounce back to the market easily after some times of highs and lows in the global market.
Investments in Cold Chain Logistics and Future Growth
Therefore, the development of the cold chain logistics business is one of the significant opportunities for the growth of the logistics sector in Jordan. As the demand for temperature-controlled storage increases in IT, aviation, medical, automotive, and other industries. Jordan urgently needs upgrades in all these sectors, and the Government is working on infrastructure to meet these requirements. This covers specialized facilities for storing and temperature sensitive products, devices that meet global benchmarks for expected standards in the warehousing business.
As for IT, aviation, medical, automotive, and others. industries continue to expand in the region, investments in cold chain solutions will play a crucial role in meeting rising consumer expectations for quality and reliability. Moreover, Jordan’s continued focus on enhancing its legal and regulatory frameworks for logistics and trade make the country an attractive destination for international businesses.
Conclusion
In conclusion, Jordan’s logistics and warehousing have become an important sector in the supply chain system. The utilisation of state-of-the-art technology such as AGVs, WMS, and digital platforms improves effectiveness and cuts costs. These will include the GSP and others, along with Jordan, whose edge in navigating customs is advantageous for companies trying to gain a competitive edge. Warehousing in Jordan is not merely about obtaining an address to store inventory, but rather, it is strategically aligned with improving the supply chain processes and efficiency while also reducing expenses and addressing vulnerabilities.
Did you know?
Jordan is seeing increasing importance in its transportation and logistics industry with the use of technologies such as AGVs and WMS. It enjoys the privileges of the GSP, which means that tariffs are lowered for businesses. Concerning cold chain logistics and digital platforms, Jordan is gradually improving its supply chain capabilities, contributing to global logistics in sectors such as aviation, automotive, IT, and Medical.
