Monday, 25 September 2017 05:17 GMT

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Qatar's monthly trade balance posts surplus

(MENAFN - The Peninsula) Qatar's trade balance for December 2013 showed a surplus of QR33.9bn. However, it recorded a decrease of QR2.6bn, or seven percent, on year-on-year basis, the preliminary report on Qatar's foreign trade statistics released by the Minister of Development Planning and Statistics noted yesterday



Total exports of merchandise (included re-exports) in December,2013 amounted to QR43.3bn showing a drop of 2.6 percent compared to December,2012.



On the other hand, imports of merchandise in December, 2013 amounted to QR9.4bn, recording an increase of 17.8 percent compared to December,2012



The main imported goods were: Motor cars and other motor vehicles for the transport of persons (excluded public transport vehicles and buses), followed by floating docks for drilling and production (extraction of oil and gas), and aircraft spare parts.



The major countries of origin are China with 10.1 percent of total imports, United States 9.7 percent and Singapore with 9.6 percent



Exports of petroleum oils and oils obtained from bituminous minerals (crude) in December,2013 showed an increase of 6.6 percent compared to December 2012.



Exports of petroleum oils and oils obtained from bituminous minerals (not crude) as well as petroleum gases and other gaseous hydrocarbons recorded a decrease of 5.8 percent and 2.4 percent respectively during December 2013 in comparison with December,2012



The major countries of destination are Japan with 33 percent of total exports; South Korea, 15 percent; China and India, 11 percent each


Qatar's monthly trade balance posts surplus

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