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The Ministry of Development Planning and Statistics have released preliminary figures of the value of exports domestic goods, re-exports and imports for June 2014. A short analysis of the data is given below: In June 2014, total exports of goods (including exports of domestic origin and re-exports) amounted to QR 41.5 billion, showing an increase of 3.3% compared to the corresponding month of 2013.On the other hand, the imports of goods in June 2014 amounted to QR 9.2 billion, an increase of 23.3% over the value recorded in the same month last year.In June 2014, the trade balance of goods, which represents the difference between total exports and imports, showed a surplus of QR 32.3 billion, a decrease of QR 0.4 billion or 1.3% compared to June 2013.The year on year (June 2014 to June 2013) rise in total exports was due to higher exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching QR 26.2 billion in June 2014, i.e. an increase of 1.9% compared to June 2013, Petroleum oils & oils from bituminous minerals (not crude) reaching QR 2.4 billion (1.3%) and Petroleum oils & oils from bituminous minerals (crude) reaching QR 7.5 billion (5.7%).In June 2014, the major countries of destination for Qatar’s exports were Japan with QR 10.8 billion, a share of 26.1% of total exports, South Korea with QR 7.7 billion (18.5%), and India with QR 4.4 billion (10.7%).During June 2014, Motor cars & other passenger vehicles was at the top of the imported group of commodities, with QR 0.6 billion, showing an increase of 11.3% compared to June 2013. In second and third place were imports of Aircraft spare parts reaching QR 0.5 billion, increased by 67.8%, and Light-Vessels, Fire-Floats, Dredgers Etc.; Floating Docks & Platforms with QR 0.4 billion.In June 2014, UAE was the leading country of origin of Qatar’s imports with QR 1.2 billion, a share of 12.6% of the imports, followed by China with QR 1.0 billion (11.0%), and USA with QR 0.9 billion (10.2%).
Details For more information, please, visit Foreign Merchandise Trade Portal