The surplus of the Qatari trade balance decreased during the month of July by 52.3 percent on an annual basis to 6.9 billion riyals, while it increased by 6.6 percent compared to the previous month, according to foreign trade statistics issued by the Qatar Planning and Statistics Authority.
The value of Qatari exports decreased by 38.8% to about 7.4 billion riyals, affected by the decline in the prices of crude oil and liquefied natural gas, while exports recorded a monthly growth of 6.9%.
Last month, Qatar's merchandise imports recorded a decrease on an annual basis by 19.5 percent to reach 7.4 billion riyals, while they increased on a monthly basis by 7.1 percent. China ranked first in the country of destination in terms of Qatar’s exports last July, with a value of 2.8 billion riyals, or 20.6 percent of the total value of Qatari exports, while The United States of America ranked the list of countries of origin for imports with a value of one billion riyals, which represents 14 percent of the total The value of merchandise imports.
Source (Arabic CNBC site, Edited)
