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The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for April 2015. A short analysis of the data is given below:
In April 2015, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR 25.5 billion, showing a decrease of 36% compared to April 2014. However, the total exports of goods decreased by 4.8% compared to March 2015. (Table 1 in the document attached below)
On the other hand, the imports of goods in April 2015 amounted to QR 10.6 billion, showing an increase of 19.5% over April 2014. However, on a month on month (M-o-M) basis the imports increased by 2.2%. (Table 1 in the document attached below)
In April 2015, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 14.9 billion, i.e. a decrease of QR 16.1 billion or 51.8% compared to April 2014. However, the trade balance of goods decreased by QR 1.5 billion or 9.2% compared to March 2015. (Table 1 in the document attached below)
The year on year (April 2015 to April 2014) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 15.7 billion in April 2015, i.e. a decrease of 39.7%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 3.7 billion (41.6%), and Petroleum oils & oils from bituminous minerals (not crude) reaching QR 0.9 billion (65.2%). (Table 1 in the document attached below)
In April 2015, South Korea was at the top of the countries of destination of Qatar’s exports with QR 5.5 billion, a share of 21.5% of total exports, followed by Japan with QR 4.3 billion (17.1%) and India with QR 3.4 billion (13.2%). (Table 2, Graph 1 in the document attached below)
During April 2015, Motor cars & other passenger vehicles was at the top of the imported group of commodities, with QR 1.2 billion, showing an increase of 28.4% compared to April 2014. In second place was Parts of aircraft and helicopters etc. with QR 0.7 billion, showing an increase of 5.0%, and in third place was Insulated wire, cable (incl.coaxial cable) etc.; optical fiber cables with QR 0.4 billion, increased by 252.0%. (Table 1 in the document attached below)
In April 2015, United States of America was the leading country of origin of Qatar’s imports with QR 1.3 billion, a share of 12.4% of the imports, followed by United Arab Emirates with QR 0.9 billion (8.8%), and China with QR 0.9 billion (8.5%). (Table 2, Graph 2 in the document attached below)
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