The Qatari trade balance recorded a surplus of 8.6 billion riyals (2.3 billion dollars) last December, recording a decrease of 5.7 billion riyals (1.56 billion dollars), or 39.8% compared to the same month of the year 2019, and a decrease of 500 million riyals, or 5.2%, compared to last November.
According to the Qatari Planning and Statistics Authority, the total value of Qatari exports reached about 17.1 billion riyals during last December, an annual decrease of 27.3%, and a monthly increase of 3.3% compared to last November. As for the value of merchandise imports, they increased by 8% on an annual basis, to reach about 8.5 billion riyals, while they increased by 13.4% on a monthly basis.
The value of exports of "oil gases and other gaseous hydrocarbons" which represent liquefied natural gas, condensate, propane and butane, on an annual basis, decreased to about 9.4 billion riyals, by 36.8%, and the value of "petroleum oils and oils of crude mineral materials" decreased to about 3 Billions of riyals, by 26.7%, and the value of exports of "petroleum oils and oils obtained from continental non-raw mineral materials" to reach about 1.5 billion riyals, by 8.2%. India topped the destination countries for Qatar’s exports with a value of 2.83 billion riyals, or 16.5% of the total value of Qatari exports, followed by China with 2.75 billion riyals, or 16.1%, and then Japan with 2.7 billion riyals, or 15.7%.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
