Qatar’s trade surplus hits QR16.9bn in July - The Peninsula Qatar

Qatar’s trade surplus hits QR16.9bn in July - The Peninsula Qatar:

Qatar’s trade surplus, which is the difference between total exports and imports, reached a surplus of QR16.9bn, showing an increase of QR5bn or 42.7 percent compared to July 2017. The huge rise in surplus shows that Qatar’s economy remains on firm footing.

According to preliminary figures of the value of exports of domestic goods, re-exports, and imports released yesterday by the Ministry of Development Planning and Statistics the trade balance decreased by nearly QR1.1bn or 6.1 percent compared to June 2018.

In July 2018, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR26.6bn, registering an increase of 45.3 percent compared to July last year, while it fell by 1.1 percent compared to June this year.