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FINANCIAL NEWS
Qatar’s Foreign Merchandise Trade posts USD 5.29bn in Q1
18 May 2016
(MENAFN) Qatar Foreign Merchandise Trade Balance posted a merchandise trade balance surplus of USD 5.29bn, a decline from USD 13.28bn in Q1 2015.
Moreover, whole exports in the cited quarter, including exports of local goods and re-exports valued USD 13.86bn, dropped by USD 7.49bn.
Meanwhile, the Q1 2016 drop in whole exports was due to lower exports of Mineral fuels, lubricants and related materials by USD 7.54bn.
The value of the country’s imports in the cited quarter of this year was USD 8.53bn, grew by USD 0.49bn or 6.1 percent.
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