According to the Planning and Statistics Authority on foreign merchandise trade, the Qatar Trade Balance achieved a surplus of 24.7 billion riyals ($ 6.7 billion) during the fourth quarter of last year, compared to a surplus of 38.4 billion riyals for the same quarter of 2019.
According to the Planning Authority, the total value of Qatari exports, including exports of local goods and re-exports, during the fourth quarter of last year decreased by 16.7 billion riyals, by 25.4 percent to reach 49.1 billion riyals, compared to the same period of 2019, when it reached 65.7 billion riyals. But at the same time the value rose by about 8 billion riyals; That is, 19.4 percent, compared to the third quarter of 2020.
With regard to Qatari imports, their value during the fourth quarter of last year amounted to 24.4 billion riyals, a decrease of 3 billion riyals and by 10.9 percent compared to the same period in 2019, which amounted to 27.3 billion riyals, but imports increased by about 2.9 billion riyals, or a place. Its rate of 13.4 percent, compared to the third quarter of 2020. Asian countries ranked first for countries of destination for Qatari exports, as well as for countries of origin for Qatari imports during the same year, followed by the European Union, then Gulf Cooperation Council countries with 5.8% for destination countries, and 3.3% for countries of origin for imports.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
