Qatar’s non-oil exports up 16.2% in October 2018
December 01 2018 07:57 PM
Qatar’s non-oil exports up 16.2% in October 2018
Qatar’s non-oil exports up 16.2% in October 2018

Doha

Qatar’s non-oil exports registered strong growth last October with a combined value reaching QR1.98bn or a 16.2% year-on-year increase, and QR1.7bn higher month-on-month, according to figures released by Qatar Chamber.

The report was issued by Chamber’s Department of Research, Studies and Management of Member Affairs based on the 3,213 certificates of origin issued last October, including 2,859 general model certificates, 153 unified certificates for the GCC countries (industrial), 178 unified Arab certificates of origin, 21 certificates of origin for preferences, and two unified certificates of Singapore.

The report also recorded 61 countries importing non-oil products from Qatar in October as opposed to the 60 importing countries registered in the previous month. Among them are 12 Arab countries, including the Gulf Cooperation Council (GCC) members; 14 European countries, including Turkey; 16 Asian countries, except Arab countries; 14 African countries, except Arab countries; and four North and South American countries and Australia.

According to the report, Oman topped the list of countries importing non-oil products from Qatar amounting to QR819.41mn or 41.37% of the total value of Qatari exports for October.

Oman was followed by Turkey with QR148.48mn or 7.5% or the total Qatari exports, while the UK imported QR115.48mn worth of non-oil goods or 5.83% and Hong Kong with QR109.71mn (5.45%).

Next on the list of importing countries was the Netherlands with QR106.57mn worth of Qatari exports or (5.38%), followed by Singapore, India, China, Lebanon, and Bangladesh. The Chamber said the first 10 countries accounted for 83.83% of Qatar’s total non-oil exports for October.

GCC countries, Oman and Kuwait, topped the blocs and the economic groups receiving Qatari non-oil exports in October totalling QR845.85mn, while the group of Asian countries, excluding Arab countries, registered Qatari exports worth QR488.96mn.

The group of European countries, including Turkey, imported QR426.36mn worth of Qatari goods, followed by the group of Arab countries, excluding the GCC countries, with goods worth QR151.92mn. African countries, excluding Arab countries, North America, South American countries, and Australia imported goods of varying values.



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