The surplus of Qatari trade balance during the third quarter of this year jumped by 85.6%, achieving a surplus of 107.3 billion riyals, compared to the same period last year, which amounted to 57.8 billion riyals.
According to the Planning and Statistics Authority, the total value of Qatari exports, including exports of local goods and re-exports, during the third quarter of this year amounted to about 138.8 billion riyals. That is an increase of 56.2 billion riyals, by 68 percent, compared to the third quarter of last year, which recorded total exports of 82.6 billion riyals, compared to the second quarter of this year an increase of 12.8 billion riyals or 10.2 percent. The increase in total exports during the third quarter of 2022 compared to the third quarter of 2021 is due to the increase in mineral fuel exports, lubricants and similar materials with a value of 54.2 billion riyals, by 77.1 percent, chemicals, and their products amounted to one billion riyals or 13.2 percent.
With regard to Qatari imports, their value during the third quarter of this year amounted to 31.5 billion riyals, an increase of 6.7 billion riyals, or 27.1%. Compared to the same period last year, in which a value of 24.8 billion riyals was recorded, imports also increased by 4.1 billion riyals, or 15 percent, compared to the second quarter of 2022.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
