The Planning and Statistics Authority has released preliminary figures of the value of exports of domestic goods, re-exports and imports for September 2022. A brief analysis of the data is given below:
In September 2022, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR 47.6 billion, showing an increase of 70.6% compared to September 2021, and increase of 1.7% compared to August 2022.
On other hand, the imports of goods in September 2022 amounted to around QR 11.3 billion, showing an increase of 28.6% compared to September 2021. and increase of 7.0% compared to August 2022.
In September 2022, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 36.3 billion almost, i.e. an increase of about QR 17.2 billion or 89.9% compared to September 2021, and increase by nearly QR 0.1 billion or 0.1% compared to August 2022.
The year on year (September 2022 vs. September 2021) increase in total exports was mainly due to higher exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching QR 35.4 billion (approximately) in September 2022, i.e. an increase of 104.2%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 4.8 billion nearly, increase by 34.3%, and increase in the Petroleum oils & oils from bituminous minerals (not crude) reaching 3.1 Billion 13.8%.
In September 2022, China was at the top of the countries of destination of Qatar’s exports with close to QR 7.0 billion, a share of 14.6% of total exports, followed by South Korea with almost QR 5.7 billion and a share of 12.0%, India with about QR 5.1 billion, a share of 10.6%.
The year on year (September 2022 vs. September 2021), the group of "Turbojets, Turbopropellers & Other Gas Turbines; Parts Thereof" was at the top of the imported group of commodities, with QR 0.8 billion, showing an increase of 2.4%. In second place was "Motor Cars & Other Motor Vehicles for The Transport of Persons" with QR 0.4 billion, showing an increase of 34.1% and in third place was " Parts Of Balloons Etc.; Parts Of Aircraft, Spacecraft Etc. “ with QR 0.3 billion, increase of 61.0%.
In September 2022, China was the leading country of origin of Qatar’s imports with about QR 1.64 billion, a share of 14.5% of the imports, followed by United State of America with QR 1.63 billion almost, a share of 14.4 %, and Turkey with QR 0.9 billion, a share of 8.1%.
