Qatar’s trade balance rose 6.7% to $7 billion in November

Exports amounted to about 37 billion riyals last November (AFP)

jump Trade balance surplus for a state Diameter During last November, by 6.7%, to 26.17 billion riyals ($7.1 billion), compared to 24.52 billion riyals in the same month 2021, while the surplus increased on a monthly basis by about 4.3%, due to a decline in the country’s imports by 15.5%, with a decrease in exports. 2.4%.

According to a statement issued by the Qatar Planning and Statistics Authority today, Wednesday, the trade surplus supported an increase in total exports by about 8.1%, to reach 37 billion riyals, compared to its level in the same month last year, which amounted to 34.28 billion riyals.

Qatari imports last month exceeded 10.9 billion riyals, an annual increase of 11.7%.

Exports of “oil gases and other gaseous hydrocarbons” increased by 10.3% annually, to reach 24.7 billion riyals, and exports of “oil oils and raw continental mineral materials” increased by 283%, at 5.2 billion riyals, while exports of “oil oils and oils obtained from non-crude continental mineral materials” decreased. By 5.9%, to reach 2.7 billion riyals.

China took the lead in countries that received Qatar’s exports worth 7 billion riyals, followed by India with 4.3 billion riyals, then South Korea with 4 billion riyals.

On imports, the statement indicated that Qatari imports last month exceeded 10.9 billion riyals, an annual increase of 11.7%.

The group of “jet turbines and propeller turbines, other gas turbines and their parts”, i.e. turbines, came at the top of the list of commodity imports with 700 million riyals, an annual increase of 69.1%, followed by “cars and other vehicles designed mainly for the transport of people” with 400 million riyals, an increase of 39.4%. .

The United States ranked first in the countries of origin for Qatar’s imports during November, with about two billion riyals, then China with 1.6 billion riyals, followed by India with 600 million riyals.

The United States ranked first in the countries of origin for Qatar’s imports during November, with about two billion riyals, then China with 1.6 billion riyals.

It should be noted that the consumer price index, which measures inflation in Qatar, rose during last November, by about 5.30% on an annual basis, to reach 106.86 points, and recorded a monthly increase of 1.36%, due to the increase in seven groups, including housing, water and entertainment, out of 12 main groups. Of consumer goods, 737 goods and services fall under it.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.