The merchandise trade balance of the State of Qatar achieved a surplus of 13.2 billion riyals (approximately $3.6 billion) last February, registering a slight decrease of 1.9 percent, compared to the same month of 2020, and decreased by 2.3 percent compared to January 2021.
According to the Planning and Statistics Authority, the value of total Qatari exports (including exports of local origin and re-exports) amounted to about 20.6 billion riyals in February. Representing a decrease of 2.8 percent compared to the same month of 2020, and 3.2 percent compared to January this year.
The value of merchandise imports also decreased during last February, to reach about 7.4 billion riyals, i.e. an annual decline of 4.4 percent, and a monthly decline of 4.7 percent.
The data showed an annual decline in the value of exports of oil gases and other gaseous hydrocarbons by 3.4 percent, to reach about 13.4 billion riyals, and the value of petroleum oils and oils of continental mineral raw materials decreased by 21.3 percent, to nearly 2.5 billion riyals. While the value of exports of petroleum oils and oils obtained from non-raw continental mineral materials increased to about 1.3 billion riyals; which means almost 23.8 percent.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
