Posted on November 28, 2019

The Planning and Statistics Authority has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for October 2019. A brief analysis of the data is given below:

In October 2019, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR 20.0 billion, showing a decrease of 30.3% compared to October 2018, and decreased by 1.4% compared to September 2019. (Table 1). On other hand, the imports of goods in October 2019 amounted to around QR 8.4 billion, showing a decrease of 14.7% over October 2018. However, on a month on month (M-o-M) basis the imports increase by 11.7%. (Table 1).

In October 2019, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 11.7 billion almost, i.e. a decrease of about QR 7.3 billion or 38.4% compared to October 2018, And decreased by nearly QR 1.2  billion or 9.1% compared to September 2019. (Table1).

The year on year (October 2019 to October 2018) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 11.9 billion approximately in October 2019, i.e. a decrease of 33.4%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 3.5 billion nearly, decreased by 23.9%, and decrease in the Petroleum oils & oils from bituminous minerals (not crude) reaching QR 1.4 billion, decreased by43.8%.(Table1).

In October 2019, Japan was at the top of the countries of destination of Qatar’s exports with close to QR 3.1 billion, a share of 15.5% of total exports, followed by India with almost QR 3.1 billion and a share of 15.4 %, South Korea  with about QR 2.6 billion, a share of 12.9%. (Table 2, Graph 1).

During October 2019, the group of “Motor Cars & Other Motor Vehicles For The Transport Of Persons”  was at the top of the imported group of commodities, with QR 0.5 billion, showing an increase of 5.2% compared to October 2018. In secondplacewas “Turbojets, Turbo propellers & Other Gas Turbines; Parts Thereof.” with QR 0.4 billion, showing a decrease by 14.8%, and in third place was " Parts Of Balloons Etc.; Parts Of Aircraft, Spacecraft Etc"  with QR 0.3 billion, increase of 8.2%. (Table1). 

In October 2019, United State of America was the leading country of origin of Qatar’s imports with about QR 1.1 billion, a share of 13.5% of the imports, followed by China with QR 1.1 billion almost, a share of 12.6%, and Germany with QR 0.8 billion, a share of 9.0%. (Table 2, Graph 2).

(Click here to see the tables and graphs)

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