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QSA has released preliminary report of exports and imports for the first quarter of 2013. A short analysis of the data is given below:
- Foreign merchandise trade balance, for the first quarter 2013, showed a surplus of QR 107 billion, with an increase of QR 8 billion, 7.9% higher compared to the corresponding quarter of 2012.
- Exports recorded an increase of 7.2% over the first quarter of 2012 and amounted to QR 129.8 billion.
- Imports increased by 3.9% over the first quarter of 2012 and amounted to QR 22.8 billion.
- Exports of petroleum gases and other gaseous hydrocarbons increased by 9.4%, whilst that of exports of petroleum oils & oils from bituminous minerals (crude) dropped by 13.5%. The main countries of destination were Japan, South Korea and China.
- Imports of passenger motor cars, aircraft spare parts and telecommunication equipment were on top of the list of products. The main countries of origin were United States of America with a share of 11%, and China and the United Arab Emirates, with each 9.2%.