The Planning and Statistics Authority has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for July 2019. A brief analysis of the data is given below:
In July 2019, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR 22.3 billion, showing a decrease of 16.0% compared to July 2018, and increased by 1.5% compared to June 2019. )Table 1).
On other hand, the imports of goods in July 2019 amounted to around QR 9.1 billion, showing a decrease of 6.0% over July 2018. However, on a month on month (M-o-M) basis the imports increase by 13.3%. )Table 1).
In July 2019, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 13.2 billion almost, i.e. an decrease of about QR 3.7 billion or 21.8% compared to July 2018, And decreased by nearly QR 0.7 billion or 5.3% compared to June 2019. (Table1).
The year on year (July 2019 to July 2018) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 13.4 billion approximately in July 2019, i.e. a decrease of 17.0%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 3.8 billion nearly, decreased by 14.5%, and decrease in the Petroleum oils & oils from bituminous minerals (not crude) reaching QR 2.0 billion, decreased by 18.4%.(Table1).
In July 2019, Japan was at the top of the countries of destination of Qatar’s exports with close to QR 4.4 billion, a share of 19.6% of total exports, followed by China with almost QR 3.3 billion and a share of 14.8 %, India with about QR 3.0 billion, a share of 13.2%. (Table 2, Graph 1).
During July 2019, the group of “Turbojets, Turbo propellers & Other Gas Turbines; Parts Thereof” was at the top of the imported group of commodities, with QR 0.9 billion, showing a increase of 54.0% compared to July 2018. In second place was “Parts Of Balloons Etc.; Parts Of Aircraft, Spacecraft Etc.” with QR 0.3 billion, showing a increased by 7.5%, and in third place was "Electrical Apparatus For Line Telephony/Telegraphy, Telephone Sets Etc.; Parts Thereof " with QR 0.3 billion, increase of 31.3%. (Table1).
In July 2019, United State of America was the leading country of origin of Qatar’s imports with about QR 1.5 billion, a share of 16.0% of the imports, followed by China with QR 1.3 billion almost, a share of 13.9%, and United Kingdom with QR 0.8 billion, a share of 8.4%. (Table 2, Graph 2).
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