Qatar's merchandise trade balance surplus, which represents the difference between exports and imports, declined during the month of July by 43.5 percent to 19.6 billion riyals ($ 5.38 billion) compared to the same month of 2022, while it recorded an increase of 2.2 billion riyals, or 12.8 percent, compared to last June.
The statement attributed the decline in the trade surplus to the decline in Qatar's exports by about 34.4 percent at 29.01 billion riyals, compared to its annual level of 44.36 billion riyals. China topped the destination countries for Qatar's exports with 6 billion riyals and 20.7 percent, followed by South Korea with 14.2 percent and a value of 4.1 billion riyals, and then India with 2.8 billion riyals and 9.6 percent.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
