The surplus of the trade balance of the State of Qatar, which includes goods, services, income and current transfers, jumped by 123.23%, rising to QR62.826bn at the end of the third quarter of this year, compared to QR28.143bn in the third quarter of last year.
The Qatar Central Bank data, issued Thursday, showed an increase in the commodity account surplus by 81.75%, to QR106.715bn in the third quarter of 2022, compared to a level of QR58.713bn in the same period of 2021, while the commodity account surplus boosted the increase in exports in the same period from QR82.578bn to the level of QR138.768bn, an increase of QR56.19bn, or 68%.
The data revealed that Qatar registered a surplus in the balance of payments in the third quarter (July, August, September) of this year, at a value of QR3.347bn.
The capital and financial balance deficit amounted to QR55.814bn in the third quarter of this year, compared to QR22.357bn in the same period of 2021.
