Posted on December 31, 2014

The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports and imports for November 2014. A short analysis of the data is given below:

In November 2014, the total exports of goods (including exports of domestic origin and re-exports) amounted to QR 35.0 billion, showing a decrease of 10.7% compared to the figures of corresponding month of 2013. Table(1) On the other hand, the imports of goods in November 2014 amounted to QR 10.1 billion, showing an increase of 13.8% over the value recorded in the same month last year. Table(1) In November 2014, the trade balance of goods, which represents the difference between total exports and imports, showed a surplus of QR 24.9 billion, showing a decrease of QR 5.4 billion or 17.9% compared to November 2013. Table(1)

The year on year (November 2014 to November 2013) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 22.4 billion in November 2014, i.e. a decrease of 6.3% compared to November 2013, and Petroleum oils & oils from bituminous minerals (crude) reaching QR 5.5 billion (27.1%), and Petroleum oils & oils from bituminous minerals (not crude) to reach QR 1.3 billion (45.9%). Table(1)

In November 2014, Japan topped the export destination with QR 8.0 billion, with a share of 22.6% of total exports, South Korea with QR 5.9 billion (16.8%), and India with QR 4.7 billion (13.5%). Table(2), Graph(1) During November 2014, Motor cars & other passenger vehicles was at the top of the imported group of commodities, with QR 1.0 billion, showing an increase of 38.5% compared to November 2013. In second and third place were imports of  Aircraft Spare Parts with QR 0.7 billion, decreased by 6.2%, and Electrical Apparatus For Line Telephony/Telegraphy, telephone sets etc.; parts thereof with QR 0.3 billion, increased by 30.8% . Table(1)

In November 2014, United States of America  was the leading country of origin of Qatar’s imports with QR 1.3 billion, a share of 13.2% of the imports, followed by China with QR 1.0 billion (9.5%), and Germany with QR 0.8 billion (7.8%). Table(2), Graph(2)

Qatar foreign merchandise trade 1 [qatarisbooming.com].jpg

 

Qatar foreign merchandise trade 2 [qatarisbooming.com].jpg

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

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