The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Quarterly Foreign Merchandise Trade Statistics, Q2 2019 State of Qatar", comprising quarterly data on imports, exports, re-exports, and trade balance. The bulletin presents detailed statistics of the foreign merchandise trade of Qatar by commodity and partner country. Quarter-on-Quarter (Q-o-Q) percentage changes are also provided.
Foreign Merchandise Trade Balance: In Q2 2019, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 40.7 billion, up from QR 47.7 billion in Q2 2018.
Total Exports: In Q2 2019, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 66.9 billion, decreased by QR 8.8 billion (11.7%) compared to Q2 2018 total exports of QR 75.8 billion.
The Q2 2019 year on year (Y-o-Y) decrease in total exports was mainly due to lower exports of Mineral fuels, lubricants and related materials by QR 7.5 billion, Chemicals and related products nes by QR 0.8 billion, and Manufactured goods classified chiefly by material by QR 0.8 billion. On the other hand increases was recorded mainly in Machinery and Transport Equipment (mainly re-exports) by QR 0.2 billion, and Crude materials, and inedible, except fuels by QR 0.1 billion.
Imports: The value of Qatar’s imports in Q2 2019 was QR 26.3 billion; decreased by QR 1.8 billion (6.5%) compared to Q2 2018 imports of QR 28.1 billion.
The Q2 2019 (Y-o-Y) decrease in imports reflected decreases in Machinery and transport equipment by QR 2.6 billion, Manufactured goods classified chiefly by material by QR 0.2 billion, Chemicals and related products nes by QR 0.1 billion, and Beverages and Tobacco by QR 0.1 billion. On the other hand increases was recorded mainly in Miscellaneous manufactured articles by QR 1.0 billion, Food and Live Animals, by QR 0.1, and Crude materials, and inedible, except fuels, by QR 0.1 .
Major Export/Import Partners: During Q2 2019, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 77.8% and 29.1% respectively, followed by the European Union, accounting for 11.7% and 31.2% respectively, and GCC, with 4.5% and 4.6% respectively.
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