The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Annual Foreign Merchandise Trade Statistics, Year 2019 - State of Qatar", comprising Annual 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. Year-on-Year (Y-o-Y) percentage changes are also provided.
Foreign Merchandise Trade Balance: In Year 2019, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 159.3 billion, up from QR 191.5 billion in Year 2018.
Total Exports: In Year 2019, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 265.5 billion, decreased by QR 41.3 billion (13.5%) compared to Year 2018 total exports of QR 306.8 billion.
The Year 2019 to Year 2018 (Y-o-Y) decrease in total exports was mainly due to lower exports of Mineral fuels, lubricants and related materials by QR 36.1 billion, Chemicals and related products nes by QR 3.7 billion, Machinery and Transport Equipment by QR 1.8 billion, Crude Materials, Inedible, Except Fuels by QR 0.3 billion and Manufactured goods classified chiefly by material by QR 0.2 billion. On the other hand increases was recorded mainly in Miscellaneous Manufactured Articles by QR 0.7 billion.
Imports: The value of Qatar’s imports in Year 2019 was QR 106.2 billion; decreased by QR 9.2 billion (7.9%) compared to Year 2018 imports of QR 115.4 billion.
The Year 2019 to Year 2018 (Y-o-Y) decrease in imports reflected decreases in Machinery and transport equipment by QR 6.8 billion, Manufactured goods classified chiefly by material by QR 1.6 billion, Food and Live Animals by 0.4 billion, Chemicals and Related Products n.e.s by QR 0.8 billion and Crude materials, and inedible, except fuels, by QR 0.1 billion. On the other hand increases was recorded mainly in Miscellaneous manufactured articles by QR 0.6 billion and Mineral fuels, lubricants and related materials by QR 0.3 billion.
Major Export/Import Partners: During Year 2019, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 81.3% and 33.9% respectively, followed by the European Union, accounting for 10.5% and 30.8% respectively, and GCC, with 3.4% and 4.5% respectively.
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