Qatar trade surplus shrinks in July on lower exports

Qatar trade surplus shrinks in July on lower exports:

"Qatar’s trade surplus shrank about 3% year-on-year (y-o-y) to QR32.85bn this July on lower exports, especially natural gas, and higher imports.

The energy-rich Gulf country’s total exports (valued free-on-board) were down 1.60% to QR41.26bn, dragged by lower shipments to South Korea and China, according to the preliminary estimates of the Ministry of Development Planning and Statistics.

Japan continued to be the top destination of Qatar’s exports, followed by South Korea, India, China and Singapore.

Qatar’s re-exports surged 84.10% to QR747mn during the review period."

'via Blog this'