Doha – Mubasher: Qatar’s commodity trade balance achieved a surplus of QAR 12.2 billion last October, with a fall of 49.7% or QAR 12.1 billion compared to last year, but made a rise of QAR 1.3 million or 1.1% 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 22.6 billion in October 2015, with a drop of 33.3% year-on-year and 6.7% higher m/m.
Commodity imports value surged to about QAR 10.4 billion in October, with an increase of 8.5% y/y and 14.1% m/m.
The value of the most important commodity exports, petroleum gases and other hydrocarbons, reached QAR 13.8 billion for the period, plummeting 37.5% y/y.
South Korea topped the importers’ list from Qatar in October 2015 with QAR 3.8 billion, 16.7% of the Gulf country’s total exports. Japan came second with QAR 3.6 billion or 15.9%, then India with three billion Qatari riyal or 13.5% of the total Qatari exports value.
China came first on the list of exporters to Qatar last October with QAR 1.3 billion, making up 12.5% of the total Qatari commodity imports value.
