Qatar’s trade surplus rises 49% in Q3-17

Mubasher: Qatar’s trade surplus surged 49% year-on-year in the third quarter of 2017, the Qatar Central Bank (QCB) said in a statement on Thursday.

The world’s biggest exporter of liquefied natural gas posted QAR 35.9 billion ($9.9 billion) trade surplus in Q3-17 from QAR 24.1 million ($6.6 billion) in the same period a year earlier, the statement added.

Quarter-on-quarter, the trade surplus of the world's richest country per capita increased 12.5%.

The surplus hike was attributed to the rise of Qatar’s exports by 17.1% to QAR 60.3 billion ($16.6 billion) in Q3-17 from QAR 51.5 billion ($14.1 billion) in the corresponding period last year.

Mubasher Contribution Time: 04-Jan-2018 13:30 (GMT)
Mubasher Last Update Time: 04-Jan-2018 13:34 (GMT)