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Business / Qatar Business

Qatar’s foreign trade surplus up by 2.2pc

Published: 20 Jun 2013 - 05:43 am | Last Updated: 02 Feb 2022 - 01:33 am

DOHA: Qatar’s foreign merchandise trade surplus has increased 2.2 percent in April, 2013. According to preliminary figures released by the Qatar Statistics Authority (QSA), the trade balance of goods showed a surplus of QR35.2bn, an increase of QR0.8bn compared to April 2012.

In April 2013 total exports (including exports of domestic goods and re-exports) revenues were reported to be QR43.2bn, and the value of imports amounted to QR8bn. 

The total value of exports and imports increased by 2.3 percent and 2.8 percent respectively, over the same period last year.

Total exports’ increase was mainly from “Petroleum gases and other gaseous hydrocarbons” that showed a rise of 5.1 percent; however, the increase has been partially offset by a double digit drop in exports of “Petroleum oils & oils from bituminous minerals (crude)”. The main countries of destination were Japan, South Korea and India. 

Complete data on exports by countries of destination are not yet available for April 2013.

“Cars & other passenger vehicles” and “Aircraft spare parts” were of the main imported products in April 2013. United States is the leading country of origin with a share of 13 percent, followed by the UAE with 10 percent.

The Peninsula