The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for November 2016. A brief analysis of the data is given below:
In November 2016, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR18.7 billion, showing a decrease of 10.1% compared to November 2015, And decreased by 0.1% compared to October 2016. (Table 1).
On other hand, the imports of goods in November 2016 amounted to around QR 9.0 billion, showing decrease of 12.2% over November 2015. However, on a month on month (M-o-M) basis the imports decreased by 17.7%. (Table 1).
In November 2016, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 9.6 billion almost, i.e. a decrease of about QR 0.8 billion or 8.0% compared to November 2015, And increased by nearly QR 1.9 billion or 25.0% compared to October 2016. (Table1).
The year on year (November 2016 to November 2015) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 11.6 billion approximately in November 2016, i.e. a decrease of 12.2%, while increase was shown in Petroleum oils & oils from bituminous minerals (crude) reaching QR 2.9 billion nearly, increased by 8.6%, as well as the Petroleum oils & oils from bituminous minerals (not crude) reaching QR 0.9 billion, increased by 4.5%. (Table1).
In November 2016, Japan was at the top of the countries of destination of Qatar’s exports with close to QR 3.6 billion, a share of 19.1% of total exports, followed by South Korea with almost QR 31 billion and a share of 16.5%, India with about QR 2.4 billion, a share of 12.7%. (Table 2, Graph 1)
During November 2016, Motor cars & other passenger vehicles, was at the top of the imported group of commodities, with QR 0.8 billion, showing a decrease of 19.4% compared to November 2015. In second place was Turbojets, turbo propellers & other gas turbines; parts Thereof. with QR 0.4 billion, showing an increase by 179.6%, and in third place was Electrical Apparatus For Line Telephony/Telegraphy, Telephone Sets Etc.; Parts Thereof. with QR 0.2 billion, decreased of 25.7%. (Table1).
In November 2016, Germany was the leading country of origin of Qatar’s imports with about QR 1.1 billion, a share of 11.9% of the imports, followed by United State of America with QR 0.9 billion almost, a share of 10.3%, and China with QR 0.9 billion, a share of 10.0%. (Table 2, Graph 2).
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