Qatar’s trade balance rises 39.5% to QR17.5bn in August - The Peninsula Qatar

Qatar’s trade balance rises 39.5% to QR17.5bn in August - The Peninsula Qatar:

Qatar’s trade balance, the difference between exports and imports, recorded a surplus of QR17.5bn for the month of August. This is QR5bn higher compared to the same period of last year, or 39.5 percent year-on-year (y-o-y).

Sequentially, it represents a growth of QR0.6bn, or 3.7 percent, according to data released by the Ministry of Development Planning and Statistics, yesterday.

The report showed that the month of August 2018 showed total exports of goods (including exports of goods of domestic origin and re-exports) amounting to around QR26.4bn, showing an increase of 23.3 percent compared to August 2017, and decreased by 0.7percent compared to July 2018.