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Tribune News Network
Doha
Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR16.2 billion in November 2018, an increase of QR3.6 billion or 28.1 percent compared to November 2017, and decreased by QR2.8 billion or 14.8 percent compared to October 2018.
According to figures released by the Planning and Statistics Authority (PSA) on Wednesday, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR25.7 billion in November 2018, showing an increase of 19.1 percent compared to November 2017, and decreased by 10.7 percent compared to October 2018.
On other hand, the imports of goods in November 2018 amounted to QR9.5 billion, showing an increase of 6.4 percent over November 2017. However, on a month on month (M-o-M) basis the imports decreased by 2.8 percent.
PSA said the year-on-year increase in total exports was mainly due to higher exports of petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc) reaching QR15.4 billion in November 2018, an increase of 25.3 percent.
Exports of petroleum oils and oils from bituminous minerals (crude) reached QR4.4 billion, an increase by 18.3 percent.
Meanwhile, a 12.3 percent decrease in exports was observed in petroleum oils and oils from bituminous minerals (not crude) at QR 2 billion.
In November 2018, Japan was at the top of the countries of destination of Qatar’s exports at QR4.6 billion, a share of 18.1 percent of total exports, followed by South Korea at QR4.6 billion (17.7 percent), and India QR3 billion (11.6 percent).
During November 2018, the group of “motor cars and other passenger vehicles” was at the top of the imported group of commodities, at QR0.4 billion, showing a decrease of 20.9 percent compared to November 2017.
In the second place was “parts of balloons etc; parts of aircraft, spacecraft etc” at QR 0.3 billion, showing an increase by 18.4 percent, and in third place was “turbojets, turbo propellers and other gas turbines; parts thereof” at QR0.3 billion, a decrease of 37.1 percent.
In November 2018, US was the leading country of origin of Qatar’s imports at QR1.9 billion, a share of 20.1 percent of the imports, followed by China QR1.2 billion (12.9 percent), and Germany QR 0.7 billion (7 percent).
Doha
Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR16.2 billion in November 2018, an increase of QR3.6 billion or 28.1 percent compared to November 2017, and decreased by QR2.8 billion or 14.8 percent compared to October 2018.
According to figures released by the Planning and Statistics Authority (PSA) on Wednesday, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR25.7 billion in November 2018, showing an increase of 19.1 percent compared to November 2017, and decreased by 10.7 percent compared to October 2018.
On other hand, the imports of goods in November 2018 amounted to QR9.5 billion, showing an increase of 6.4 percent over November 2017. However, on a month on month (M-o-M) basis the imports decreased by 2.8 percent.
PSA said the year-on-year increase in total exports was mainly due to higher exports of petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc) reaching QR15.4 billion in November 2018, an increase of 25.3 percent.
Exports of petroleum oils and oils from bituminous minerals (crude) reached QR4.4 billion, an increase by 18.3 percent.
Meanwhile, a 12.3 percent decrease in exports was observed in petroleum oils and oils from bituminous minerals (not crude) at QR 2 billion.
In November 2018, Japan was at the top of the countries of destination of Qatar’s exports at QR4.6 billion, a share of 18.1 percent of total exports, followed by South Korea at QR4.6 billion (17.7 percent), and India QR3 billion (11.6 percent).
During November 2018, the group of “motor cars and other passenger vehicles” was at the top of the imported group of commodities, at QR0.4 billion, showing a decrease of 20.9 percent compared to November 2017.
In the second place was “parts of balloons etc; parts of aircraft, spacecraft etc” at QR 0.3 billion, showing an increase by 18.4 percent, and in third place was “turbojets, turbo propellers and other gas turbines; parts thereof” at QR0.3 billion, a decrease of 37.1 percent.
In November 2018, US was the leading country of origin of Qatar’s imports at QR1.9 billion, a share of 20.1 percent of the imports, followed by China QR1.2 billion (12.9 percent), and Germany QR 0.7 billion (7 percent).
