Mubasher: Qatar’s trade surplus with Japan surged 49% year-on-year in November, according to the Japanese Ministry of Finance's (MoF) monthly bulletin released on Wednesday.
Trade surplus between the two countries amounted to JPY 141.37 billion ($1.26 billion) in November, compared to JPY 94.85 billion ($842.98 million) in the same month a year earlier.
The ministry attributed the increase in trade surplus to the rise in Qatar’s exports to Japan by 43.4% to JPY 153.45 billion ($1.36 billion) last month, from JPY 107.04 billion ($951.32 million) in November 2017.
Meanwhile, Qatar’s total imports from the Asian nation levelled down 0.9% year-on-year to JPY 12.08 billion ($107.36 million) in November, the data showed.
For the first half of 2018, the trade surplus between Qatar and Japan hiked 28.8% to JPY 711 billion, compared to JPY 552.1 billion in the same period of the prior year.
