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FINANCIAL NEWS
Qatar’s trade surplus hits USD9.10b in July
27 Aug 2014
(MENAFN) Qatar’s trade balance registered a surplus of USD 9.10 billion in July, an increase of 0.8 percent compared to the same period last year, The Peninsula Qatar reported.
In July, the exports of goods amounted to USD 11.38 billion, increasing 0.6 percent compared to July last year, while imports reached USD2.27 billion, a 0.3 percent dip compared to the same month in 2013.
The rise in exports is mainly attributed to higher exports of Petroleum gases and other gaseous hydrocarbons, which reached USD7.13 billion in July, up 1.2 percent, and Petroleum oils & oils from bituminous minerals which hit USD685.98 thousand, a rise of 4.3 percent.
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