Wednesday 28 February 2018

Qatar’s trade surplus jumps by 52.2% in January - The Peninsula Qatar

Qatar’s trade surplus jumps by 52.2% in January - The Peninsula Qatar:

"Qatar’s trade surplus witnessed a sharp jump year-on-year in January 2018, reflecting upon the fact that Qatar has successfully defused the impact of the ongoing blockade.
 The foreign merchandise trade balance, which represents the difference between total exports and imports, in the first month of this year showed a surplus of QR16.4bn, registering a remarkable increase of about QR 5.6bn, or 52.2 percent, compared to the corresponding month last year (January 2017).
The significant increase in total value of exports was understandably due to rebound in the prices of petroleum and other hydrocarbons products."



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