FINANCIAL NEWS

Qatar’s extra trade touches USD 2.9mn

28 Dec 2015

(MENAFN) The value of Qatar’s whole export of goods, including exports of goods of local origin and re-exports reached USD 5.848mn in Nov, a 36.7 pct fall on year-on-year and 5.9 pct on month-on-month decline.

Whereas, the imports of goods in Nov stood at USD 2.85mn, showing grow of 2.8 pct over Nov last year, however the imports fell on a month-on-month by 0.1 percent.

In the cited month 2015, the foreign merchandise trade balance, showed a surplus of USD 2.9mn, a fall of USD 3.45mn, or 53.6 percent compared to Nov last year.

The trade balance grew by USD 0.35mn, or 10.7 percent, compared to Oct 2015, while the year-on-year fall in whole exports was due to lower exports of Petroleum gases and other gaseous hydrocarbons.

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