Qatar’s Export Unit Value Index (EXUVI) surged 32.38% on an annualised basis during the third quarter (Q1) of this year, according to official statistics.
The country's EXUVI was up 0.93% quarter-on-quarter during Q3, 2022, according to figures released by the Planning and Statistics Authority (PSA).
The release of this indicator is one of the requirements of the PSA in providing accurate statistical information and data that support the decision-maker.
Standard International Trade Classification Index (SITC) is used in calculating this indicator, which is classified the data into ten main groups, containing 56 commodities classified according to the harmonised system.
On a yearly basis, the increase in the EXUVI was primarily due to a 39.1% expansion in the export unit value of machinery and transport equipment; 35.1% in mineral fuels, lubricants and related materials; 21.33% in manufactured goods classified chiefly by materials; 11.89% in beverages and tobacco; 9.44% in miscellaneous manufactured articles; 9.23% in crude materials, inedible (except fuels); and 8.6% in chemicals and related products.
Nevertheless, there was an 8.98% decrease in the export unit value of commodities and transactions not classified elsewhere in SITC and 4.53% in food and live animals.
On a quarterly basis, the export unit value of machinery transport and equipment shot up 16.35%; 8.69% in beverages and tobacco and 2.75% in mineral fuels, lubricants and related materials 7.59%.
However, there was a 17.57% decline in the export unit value of food and live animals; 16.33% in chemicals and related products; 8.69% in crude materials, inedible (except fuels); 8.35% in miscellaneous manufactured articles; 5.45% in commodities and transactions not classified elsewhere in SITC and 4.31% in manufactured goods classified chiefly by materials.
The export unit value of animals and vegetable oils, fats and waxes group was unchanged year-on-year and month-on-month respectively during Q3, 2022.
