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Qatar’s non-oil exports hit QR2.7bn in July, says Qatar Chamber report
Qatar’s non-oil exports hit QR2.7bn in July, says Qatar Chamber report
September 29, 2018 | 07:49 PM
Qatar’s non-oil exports jumped 100.3% to reach QR2.66bn year-on-year (y-o-y) in July 2018 and QR1.65bn or a 60.7% increase month-on-month (m-o-m), according to Qatar Chamber’s latest report.
The report was based on 3,843 certificates of origin issued in July 2018 by the chamber’s Research & Studies Department and Member Affairs Department to 60 international markets compared to 58 countries in the previous month.The report said Sri Lanka was Qatar’s top non-oil exports destination in July with QR771.1mn or 29% of the total exports followed by Oman with QR446.8mn (16.8%), Singapore (QR296.7mn or 11.2%), Hong Kong (QR 244.1mn, 9.2%), Turkey (QR112.3mn, 4.2%), the Netherlands, Germany, India, the US, and Australia.
Qatar Chamber director general Saleh bin Hamad al-Sharqi
Statistics in July showed that Qatar’s exports reached 60 destinations, including 13 Arab and GCC countries; 13 European countries, including Turkey; 16 Asian countries, excluding Arab countries; 13 African countries, excluding Arab countries; four countries in North and South America, and Australia.The report shows that Asian countries, excluding Arab countries topped the economic blocs that received Qatar’s non-oil exports with QR 1.51bn. The GCC countries (Oman and Kuwait) imported QR468.4mn, while European countries, including Turkey received QR340.2mn worth of goods. Arab countries, excluding GCC countries imported QR106.8mn worth of products from Qatar followed by North America, Australia, African countries, excluding Arab countries, and South America.
September 29, 2018 | 07:49 PM