Qatar Foreign Merchandise Trade Surplus was QR 12.1 billion In September, 2015
The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for September 2015. A brief analysis of the data is given below: In September 2015, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR 21.2 billion, showing a decrease of 39.5% compared to September 2014. However, the total exports of goods decreased by 10.6% compared to August 2015. )Table 1). On other hand, the imports of goods in September 2015 amounted to QR 9.1 billion, showing a decrease of 7.9% over September 2014. However, on a month on month (M-o-M) basis the imports decreased by 9.9%. )Table 1). de balance, which represents the difference between total exports and imports, showed a surplus of QR 12.1 billion, i.e. a decrease of QR 13.1 billion or 51.9% compared to September 2014. However, the trade balances of goods decreased by QR 1.5 billion or 11.2% compared to August 2015. (Table 1). The year on year (September 2015 to September 2014) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 13.2 billion in September 2015, i.e. a decrease of 40.0%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 2.6 billion 61.0%, as well as the decrease in Petroleum oils & oils from bituminous minerals (not crude) reaching QR 0.9 billion 59.2%. (Table 1). In September 2015, Japan was at the top of the countries of destination of Qatar’s exports with QR 3.7 billion, a share of 17.5% of total exports, followed by South Korea with QR 3.4 billion 15.9% and India with QR 2.5 billion 11.8%. (Table 2, Graph 1) During September 2015, Motor cars & other passenger vehicles., was at the top of the imported group of commodities, with QR 1.0 billion, showing an increase of 19.6% compared to September 2014. In second place was Parts of aircraft and helicopters etc. with QR 0.4 billion, showing a decrease of 46.6%, and in third place was “turbojets, turbo propellers & other gas turbines; parts thereof” with QR 0.2 billion, Increased by 83.0%. (Table 1). In September 2015, China was the leading country of origin of Qatar’s imports with QR 1.1 billion, a share of 12.6% of the imports, followed by United States of America with QR 1.0 billion 11.5%, and United Arab Emirates  with QR 0.8 billion 8.4%. (Table 2, Graph 2). To download the replease, click here For more information, please, visit our website:  http://ftp.qsa.gov.qa:8088/

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