Posted on September 11, 2013

The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports, re-exports and imports for July 2013. A short analysis of the data is given below:

- In July 2013 the trade balance of goods showed a surplus of QR 32.9 billion, while the surplus achieved in the corresponding month of 2012 amounted to 33.8 billion i.e. a decrease of 2.6%

- In July 2013 total exports of goods (including exports of domestic origin and re-exports) revenues were reported to be QR 41.3 billion, and the value of imports amounted to QR 8.4 billion. The total amount of exports decreased by 1.6% while the imports increased by 2.7%, compared to the same period of last year.

- Total exports increase was mainly from Petroleum Oils &Oils from Bituminous Minerals (Crude) that showed a rise of 13.5% compared to July 2012; however, the increase has been partially offset by the drop in exports of Petroleum Gases and Other Gaseous Hydrocarbons,and Petroleum Oils &Oils from Bituminous Minerals (Not Crude). The main countries of destination were Japan with a share of 28% of total exports, followed by South Korea and India with 14% and 11% respectively.

- Motor Cars &Other Passenger Vehicles,Telephone Sets, Mobiles and Parts Thereof, and Aircraft Spare Parts were of the main imported products in July 2013. China and the United States of America were the leading countries of origin with a share of 10% of total imports each, followed by the United Arab Emirates with a share of 7%.

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