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The phrase "this amount is" is correct and usable in written English.
You can use it when discussing a certain quantity of something in a particular context. For example: "This amount is just enough to cover the cost of the new car."
Exact(60)
This amount is not always easily measurable.
This amount is very small," he said.
This amount is not certain, however.
This amount is the equivalent of Brazil's entire Federal payroll.
This amount is normally less than your gross income.
This amount is also included in the splitcell_exchange_time.
Regardless of opinions, this amount is about 20k.
This amount is 18% in an oxidizing reaction mixture.
"We're talking about a $77 billion budget -- this amount is infinitesimal".
This amount is the equivalent of Canada's GDP or twice the GDP of the Netherlands.
But experts don't know whether this amount is enough at certain ages.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com