Posted on January 27, 2016

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

In December 2015, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR 20.3 billion, showing a decrease of 36.9% compared to December 2014. And decreased by 4.7% compared to November 2015. (Table 1).

On other hand, the imports of goods in December 2015 amounted to QR 11.0 billion, showing a decrease of 1.0% over December 2014. However, on a month on month (M-o-M) basis the imports increased by 6.0%. (Table 1). In December 2015, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 9.3 billion, i.e. a decrease of QR 11.7 billion or 55.8% compared to December 2014. And decreased by QR1.6 billion or 14.8% compared to November 2015. (Table 1).

The year on year (December 2015 to December 2014) decrease in total exports was mainly due to lower exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching 12.6 billion in December 2015, i.e. a decrease of 43.8%, Petroleum oils & oils from bituminous minerals (crude) reaching QR 2.2 billion, decreased by 50.6%, as well as the Petroleum oils & oils from bituminous minerals (not crude) reaching QR 1.0 billion, decreased by 12.5%. (Table 1).

In December 2015, Japan was at the top of the countries of destination of Qatar’s exports with QR 4.4 billion, a share of 21.9% of total exports, followed by and India with QR 2.6 billion and a share of 12.9%, South Korea with QR 2.5 billion, a share of 12.4%. (Table 2, Graph 1)

During December 2015, Motor cars & other passenger vehicles., was at the top of the imported group of commodities, with QR 1.1 billion, showing a decrease of 2.1% compared to December 2014. In second place was Parts of aircraft and helicopters etc. with QR 0.9 billion, showing an increase of 21.4%, and in third place was Electrical apparatus for line telephony/telegraphy, telephone sets etc.; parts thereof with QR 0.3 billion, decreased by 24.1%. (Table 1).

In December 2015, China was the leading country of origin of Qatar’s imports with QR 1.3 billion, a share of 11.4% of the imports, followed by United States of America with QR 1.2 billion, a share of 10.8%, and United Kingdom with QR 0.9 billion, a share of 8.5%. (Table 2, Graph 2).

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