Amman, July 21 (Petra) - A planned joint industrial complex between the Arab Potash Company (APC) and Jordan Phosphate Mines Company (JPMC) could boost export value, diversify manufacturing operations, and elevate Jordan's position in global chemical supply chains, acccording to a new Jordan Strategy Forum (JSF) paper.

On its feasibility, the paper highlights the venture's future impact on expanding output of "high-value" chemical products and fertilizers, including purified phosphoric acid, sulfuric acid, monoammonium phosphate (MAP), monopotassium phosphate (MKP), and compound fertilizers.

Worldwide demand for these chemical products reached USD21 billion in 2025, following a decade of 5.8% average annual growth. Global imports are led by India at 13.8% and Brazil at 11.1%, followed by the US, Canada, and Australia.

Exports remains concentrated among a few nations, led by China, Morocco, the US, and Russia. Jordan currently holds a 4% share of global exports in these goods, valued at USD853.7 million.

However, 92% of Jordan's shipments currently go to India. The JSF stressed the urgent need to diversify export destinations to reduce market reliance risks and build economic resilience.

International Trade Centre (ITC) data shows uncaptured global export opportunities for these goods total USD13 billion. Under current capacities, Jordan has nearly USD500 million in untapped export potential, primarily in the Netherlands, the US, Brazil, Canada, and India.

Meanwhile, JSF estimates indicate the new complex will "gradually" double Jordan’s export potential from USD500 million to nearly USD1 billion. This increase equals roughly 7.3% of the Kingdom's current total exports and could drive an additional 1.4% in annual export growth over the coming years.

The project could add 5 to 7 new products to Jordan's export portfolio through industrial integration, according to Harvard University's Atlas of Economic Complexity data. Producing these medium-to-high complexity goods will enhance the technical sophistication of Jordanian exports and elevate the country's ranking on the Economic Complexity Index (ECI).

Concluding its paper, the JSF said the complex will help shift Jordan from exporting raw materials to manufacturing high-value specialized products, boosting job creation and integrating the Kingdom into global chemical and fertilizer supply chains.