Wednesday 20 February 2019

#Qatar posts 42% jump in Q4 trade surplus to QR50.86bn

Qatar posts 42% jump in Q4 trade surplus to QR50.86bn:

Faster expansion in exports, especially to Asia, and weakened imports helped Qatar register a 42% year-on-year growth in trade surplus to QR50.86bn during the fourth quarter (Q4) of 2018, according to official estimates.

For the full year 2018, trade surplus swelled about 40% to QR191.44bn, according to figures released by the Planning and Statistics Authority.

In Q4, Qatar’s total exports (of domestic goods and re-exports) were QR79.7bn, which grew 16.4% on a yearly basis. Imports declined 11.6% to QR28.8bn.

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