Posted on December 01, 2015

The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for October 2015. A brief analysis of the data is given below:

In October 2015, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR 22.6 billion, showing a decrease of 33.3% compared to October 2014. However, the total exports of goods increased by 6.7% compared to September 2015. (Table 1). On other hand, the imports of goods in October 2015 amounted to QR 10.4 billion, showing a increase of 8.5% over October 2014. However, on a month on month (M-o-M) basis the imports increased by 14.1%. (Table 1).

(Click here to view the tables)

In October 2015, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 12.2 billion, i.e. a decrease of QR 12.1 billion or 49.7% compared to October 2014. However, the trade balances of goods increased by QR 1.3 billion or 1.1% compared to September 2015. (Table 1).

The year on year (October 2015 to October 2014) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 13.8 billion in October 2015, i.e. a decrease of 37.5%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 3.3 billion, decreased by 39.9%, as well as the Petroleum oils & oils from bituminous minerals (not crude) reaching QR 0.9 billion, decreased by 49.8%. (Table 1).

In October 2015, South Korea was at the top of the countries of destination of Qatar’s exports with QR 3.8 billion, a share of 16.7% of total exports, followed by Japan with QR 3.6 billion and a share of 15.9%, and India with QR 3.0 billion, a share of 13.5%. (Table 2, Graph 1)

Qatar foreign merchandise trade 1 [qatarisbooming.com].jpgDuring October 2015, Motor cars & other passenger vehicles., was at the top of the imported group of commodities, with QR 1.0 billion, showing an increase of 27.9% compared to October 2014. In second place was Parts of aircraft and helicopters etc. with QR 0.6 billion, showing an increase of 15.7%, and in third place was Electrical apparatus for line telephony/telegraphy, telephone sets etc.; parts thereof with QR 0.3 billion, increased by 30.8%. (Table 1).

In October 2015, China was the leading country of origin of Qatar’s imports with QR 1.3 billion, a share of 12.5% of the imports, followed by United States of America with QR 1.2 billion, a share of 11.2%, and Germany with QR 0.9 billion, a share of 8.6%. (Table 2, Graph 2).

Qatar foreign merchandise trade 2 [qatarisbooming.com].jpgFor more information, please, visit our website: http://ftp.qsa.gov.qa:8088/

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