13 Days
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اقتصاد
Aqaba Port Gains from Trade Disruptions
The Aqaba Port in Jordan is transforming from merely a maritime gateway for the local market into a major hub in regional trade movements, especially as disruptions to traditional shipping routes increase and companies seek safer and more flexible alternative pathways. The port has benefited from a 155% surge in transit activities during the first half of the year, with the number of containers passing through rising to over 60,000—a nearly 160% increase compared to last year—particularly in container shipments to Iraq, which grew by approximately 900%. Additionally, cargo movements, including in the steel and liquefied gas industries, have seen significant growth, reflecting a reshaping of supply chain maps in the region. Aqaba Port is now a logistical gateway connecting the sea to overland markets, with growing reliance on alternative routes to mitigate the risks associated with traditional passages such as the Strait of Hormuz.
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