Qatar’s trade surplus jumps by 39.1% - The Peninsula Qatar

Qatar’s trade surplus jumps by 39.1% - The Peninsula Qatar:

"Despite the ongoing unjust siege against Qatar, the country’s international trade and trade surplus have registered a remarkable double-digit growth in December 2017, both on yearly basis as well as well as month-on-month. The sharp increase in trade surplus was attributed to higher exports value of petroleum gases and other hydrocarbons products.

In December 2017, the foreign merchandise trade balance, which represents the difference between total exports and imports, showing a surplus of QR14.9bn, an increase of about QR4.2bn, or 39.1 percent, compared to the corresponding month previous year (2016). When compared on monthly basis, the trade surplus has increased by nearly QR 2.1bn, or 16.1 percent, compared to November 2017.

The total value of exports of goods, including exports of goods of domestic origin and re-exports, in December 2017 reached at QR25.9bn, showing a sharp increase of 34.5 percent, compared to the same month in 2016."



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