Mubasher: Qatar’s trade surplus jumped 35.8% year-on-year in the third quarter of 2018, reaching QAR 49.86 billion ($13.70 billion), compared to QAR 36.70 billion ($10.08 billion), Ministry of Development Planning and Statistics’ (MDPS) data showed.
The rise in the country’s trade surplus was attributed to a 32.2% growth in exports, the MDPS added.
Qatari exports hit QAR 79.82 billion by the end of Q3-18, compared to QAR 60.33 billion in Q3-17.
On the other hand, the GCC country’s imports increased by 26.8%, to QAR 29.69 billion from July to September, up from QAR 23.63 billion a year before.
Asian countries acquired the largest stake of Qatari exports with 80.4%, followed by European Union with 10.5%, and the GCC with 3.9%.
At the level of imports, Qatar’s large rate of imports came from Asia with 33%, followed by European Union with 26.8%, and the GCC with 3.7%.
