Qatar's merchandise trade balance surplus jumped to 213.4 percent at the end of last July on an annual basis (compared to July 2020), while it rose by about 15.5 percent compared to June of this year.
According to the Planning and Statistics Authority on foreign trade, the merchandise trade balance recorded a surplus of 19.6 billion riyals, an increase of about 13.3 billion riyals compared to the same month of the year 2020 and by about 2.6 billion riyals compared to June in 2021.
The value of Qatari exports amounted to approximately 27.5 billion riyals during last July, an increase of 101.9 percent compared to the same month of the year 2020, and an increase of 8.7 percent compared to June 2021. While the value of merchandise imports amounted to 7.9 billion riyals, an annual increase of 7.1 percent (compared to July 2020), but it recorded a decline of 5.3 percent compared to June of 2021.
China ranked first in the destination countries for Qatar's exports, with a value of approximately 4.3 billion riyals, or 15.8 percent of the total value of Qatari exports. Followed by South Korea (14.13 percent), recording 3.88 billion riyals, while Japan came third, with a slight difference, to record 3.87 billion riyals, or (14.12 percent) of the total value.
Source (Al-Araby Al-Jadeed newspaper, Edited)
