Monday 11 June 2018

Qatar’s goods trade surplus benefiting from recovering imports, buoyant exports: QNB

Qatar’s goods trade surplus benefiting from recovering imports, buoyant exports: QNB:

"Qatar’s goods trade surplus is benefiting from “recovering” imports and “buoyant” exports, driven by higher hydrocarbon prices, QNB has said in its weekly economic commentary.  The latest monthly indicators on trade and industrial prices show the Qatari economy benefiting from higher global hydrocarbon prices, ensuring that the already dwindling impact of the diplomatic rift on the economy recedes yet further, QNB said.  In particular, the latest monthly trade statistics show the goods trade surplus surged higher in April. In level terms, the surplus topped QR14.7bn. In percentage terms, the surplus was up a stunning 49% y-o-y versus April 2017. "



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