Doha – Mubasher: Qatar’s commodity trade balance achieved a surplus of QAR 10.9 billion last November, with a fall of 53.6% or QAR 12.6 billion compared to last year, and a decline of QAR 1.3 million or 10.7 month-on-month, according to the latest monthly report by the Minister of Development Planning and Statistics.
The report on foreign trade said that Qatar’s exports, including local exports and re-exports, came to a value QAR 21.3 billion in November 2015, with a drop of 36.7% year-on-year and 5.9% higher m/m.
Commodity imports value surged to about QAR 10.4 billion in November, with an increase of 2.8% y/y and a fall of 0.1% m/m.
The value of the most important commodity exports, petroleum gases and other hydrocarbons, reached QAR 13.3 billion for the period, plummeting 40.6% y/y.
Japan topped the importers’ list from Qatar in November 2015 with QAR 4.2 billion, 19.5% of the Gulf country’s total exports. South Korea came second with QAR 3.5 billion or 16.7%, then India with QAR 2.4 billion or 11.3% of the total Qatari exports value.
Meanwhile, Germany came first on the list of exporters to Qatar last November with QAR 1.3 billion, making up 12.6% of the total Qatari commodity imports value, followed by the United States with QAR 1.1 billion or 10.3%.
