The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Quarterly Foreign Merchandise Trade Statistics, Q4 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 Q4 2019, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 38.4 billion, down from QR 50.9 billion in Q4 2018. (Table 1)
Total Exports: In Q4 2019, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 65.7 billion, decreased by QR 14.0 billion (17.5%) compared to Q4 2018 total exports of QR 79.7 billion.
The Q4 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 11.8 billion, Chemicals and related products nes by QR 1.3 billion, Machinery and Transport Equipment (mainly re-exports) by QR 0.9 billion, and Crude Materials, Inedible, Except Fuels by QR 0.1 billion .On the other hand increases was recorded mainly in Manufactured goods classified chiefly by material by QR 0.1 billion, and Miscellaneous manufactured articles by QR 0.1 billion. (Tables 1, 2)
Imports: The value of Qatar’s imports in Q4 2019 was QR 27.3 billion; decreased by QR 1.5 billion (5.3%) compared to Q4 2018 imports of QR 28.8 billion.
The Q4 2019 (Y-o-Y) decrease in imports reflected decreases in Manufactured goods classified chiefly by material by QR 0.35 billion, Food and Live Animals, by QR 0.33, Chemicals and related products nes by QR 0.32 billion, Crude Materials, Inedible, Except Fuels by QR 0.30 billion, Miscellaneous manufactured articles by QR 0.2 billion, Mineral fuels, lubricants and related materials by QR 0.1 billion, and Beverages and Tobacco by QR 0.1 billion. (Tables 1, 2).
Major Export/Import Partners: During Q4 2019, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 83.5% and 34.1% respectively, followed by the European Union, accounting for 9.6% and 30.7% respectively, and GCC, with 3.0% and 3.7% respectively. (Table 3)
For more information click here
