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Tribune News Network
Doha
Qatar's non-oil exports reached QR1.3 billion in July, registering a jump of 67 percent from QR793 million in June, a Qatar Chamber (QC) report said on Wednesday. The remarkable increase means the non-oil exports have returned to figures before the imposition of an unjust economic blockade by a Saudi Arabia-led bloc.
"The return of the non-oil exports to the pre-siege levels in April proves the success of Qatar's private sector in overcoming the consequences of the blockade," said Qatar Chamber Director-General Saleh Hamad al Sharqi.
The majority of the non-oil goods from Qatar were shipped off to Europe, GCC and Asia last month, said the report, citing their 'certificates of origin' ” documents issued by QC to certify that the export products were wholly obtained, produced or manufactured in Qatar.
QC issued 2,571 certificates of origin last month for many destinations in at least 59 international markets, the report said.
In July, private companies exported goods worth QR511.7 million to Europe, representing 38.53 percent of the total non-oil exports. It was followed by GCC, receiving 32.9 percent of the total non-oil exports worth QR436.9 percent. Asia, excluding Arab countries, came in third, accounting for QR 285.33 million or 21.49 percent of the total exports during the month.
The Arab countries, except the GCC countries, received 5.48 percent of the Qatari non-oil exports worth QR72.72 million, followed by the African countries, excluding the Arab countries, North America and South America.
Among individual countries, Oman emerged as the top destination for Qatari non-oil exports in July, accounting for transactions worth QR297 million or 31 percent of the total.
"This is the second time in a row that Oman is topping the countries receiving Qatari non-oil goods. It attests to the strong economic ties between the two countries," Sharqi noted.
Oman was followed by the Netherlands, receiving non-oil goods worth QR301.08 million or 22.7 percent, and Turkey worth QR106.57 million or 8 percent.
Germany came in fourth, receiving exports worth QR74.15 million or 5.6 percent, followed by China, worth QR54.47 million or 2.9 percent.
Aluminum, in various forms such as alloys, cutters, molds and slabs, constituted the largest share of export goods in volume, accounting for QR335.8 million or 25.3 percent in value, followed by gas oils worth QR313.5 million or 23.6 percent.
Base oil exports came in the third, accounting for QR181.4 million or 13.7 percent of the total export value, followed by Helium (91.2 percent), iron, steel, iron bars and nets, paraffin, chemicals, chemical fertilizers, polyethylene, plastic bags, and others.
