Posted on July 27, 2015

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

In June 2015, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR 24.1 billion, showing a decrease of 40.4% compared to June 2014. However, the total exports of goods decreased by 2.9% compared to May 2015. (Table 1).

On the other hand, the imports of goods in June 2015 amounted to QR 9.2 billion, showing an increase of 1.6% over June 2014. However, on a month on month (M-o-M) basis the imports decreased by 3.6%. (Table 1). In June 2015, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 14.9 billion, i.e. a decrease of QR 16.4 billion or 52.5% compared to June 2014. However, the trade balances of goods decreased by QR 0.4 billion or 2.4% compared to May 2015. (Table 1).

Qatar foreign merchandise trade 2 [qatarisbooming.com].jpgThe year on year (June 2015 to June 2014) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 14.5 billion in June 2015, i.e. a decrease of 44.6%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 3.2 billion 57.5%, and Petroleum oils & oils from bituminous minerals (not crude) reaching QR 1.3 billion 46.6%. (Table 1).

In June 2015, Japan was at the top of the countries of destination of Qatar’s exports with QR 4.5 billion, a share of 18.5% of total exports, followed by South Korea with QR 4.3 billion 17.8% and India with QR 2.3 billion 9.6%. (Table 2, Graph 1)

Qatar foreign merchandise trade 3 [qatarisbooming.com].jpgDuring June 2015, Parts of aircraft and helicopters etc., were at the top of the imported group of commodities, with QR 0.9 billion, showing an increase of 97.3% compared to June 2014. In second place were Motor cars & other passenger vehicles. with QR 0.8 billion, showing an increase of 26.1%, and in third place Electrical apparatus for line telephony/telegraphy, telephone sets etc. with QR 0.2 billion, decreased by 3.9%. (Table 1).

In June 2015, United States of America was the leading country of origin of Qatar’s imports with QR 1.1 billion, a share of 12.3% of the imports, followed by China with QR 1.0 billion 10.9%, and United Arab Emirates with QR 0.9 billion 9.6%. (Table 2, Graph 2).

For more information, please, visit our website: http://ftp.qsa.gov.qa:8088/

Categories: