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Tribune News Network
Doha
Qatar's non-oil exports for the first quarter of 2018 reached QR5.64 billion, an increase of 15 percent when compared with QR4.9 billion posted in the same period last year, a Qatar Chamber (QC) report released on Wednesday said.
QC Director General Saleh bin Hamad al Sharqi said the surge is yet another proof of the failure of the Saudi-led blockade of Qatar.
The non-oil exports for March, however, declined 22 percent to QR1.4 billion from QR1.8 billion in March 2017. Sharqi attributed the decrease to addition of new markets such as the Netherlands and Australia to Qatar's exports destinations.
The month saw Qatar exporting non-oil goods to 57 countries, including 11 Arab countries and the GCC, 10 European countries including Turkey, 16 Asian countries (excluding Arab countries), 15 African countries (excluding Arab countries), four countries in the Americas, and Australia.
Around 37 percent of the Qatari non-oil exports in March 2018 were shipped off to GCC countries, said the report, citing the exported goods' 'certificates of origin' — documents issued by QC to certify that the export products were wholly obtained, produced or manufactured in Qatar.
GCC countries, as an economic bloc, was the top destination of Qatari exports, accounting for exports worth QR502.4 million.
Asian countries, excluding the Arab countries, came in the second, accounting for transactions worth QR440 million or 32.4 percent of the total non-oil exports.
They were followed by European countries including Turkey with QR276.3 million or 20.4 percent, Arab countries excluding GCC with QR76.1 million or 5.6 percent and Australia with QR30.8 million.
African countries received goods worth QR23.2 million from Qatar in March, followed by countries in the North and South Americas.
Among individual countries, Oman emerged as the top destination for Qatari noni-oil exports. It accounted for transactions worth QR485.8 million or 35.8 percent of the total exports.
Oman was followed by the Netherlands with almost QR209.1 million or 15.4 percent and Turkey with QR87.7 million or 6.5 percent. India came in fourth place with almost QR78.8 million or 5.8 percent, followed Bangladesh with QR76.3 million or 5.6 percent. Hong Kong was in the sixth place, followed by Germany, Indonesia, China and Australia.
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19/04/2018
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