Qatar's trade surplus hits 32.1 billion Riyals

Qatar’s trade surplus in June 2013 reached QR 32.1 billion. According to a preliminary report issued by the ministry of development, planning and statistics yesterday, during the month of June the country’s total exports “including local exports and re-exports”, plunged by 2.4 per cent compared to June 2012 when they were at QR39.8 billion. The value of imports of goods rose by 4.1 per cent year -on-year to QR 7.6 billion.

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The country’s exports of petroleum oils and crude oil rose by 9.6 per cent, while the country’s exports of petroleum gases and other gaseous hydrocarbons, petroleum oils and oils obtained from bituminous minerals (non- crude) were down by 10.6 per cent.

Japan is Qatar’s top export destination, receiving a total of 28 per cent of the exports, followed by South Korea with 18 per cent and India at 11 per cent. The United States ranked first on the import list, recieving 13 per cent of Qatar’s total imports, followed by China at 11 per cent and the United Arab Emirates at 8 per cent.

Motor cars and other passenger vehicles, aircraft spare parts, mobiles and their spare parts were the main imported commodities.