More-than-doubled exports of non-crude and a double-digit growth in shipments of crude led Qatar’s trade surplus to jump more than 28% to QR9.06bn in November 2020 compared to October this year, according to official statistics.
The country's merchandise trade surplus, however, witnessed a 27.4% fall year-on-year this November, according to figures released by the Planning and Statistics Authority (PSA).
The Asian region accounted for more than 65% of Qatar's exports with Japan, China and South Korea occupying the first three slots; while the imports came from diversified geographies.
In November 2020, total exports of goods (including exports of goods of domestic origin and re-exports) were QR16.6bn, showing more than 8% surge on a monthly basis but declined 25.1% on yearly basis.
On a monthly basis, the exports of non-crude soared 168% to QR1.38bn, crude by 20% to QR2.51bn and other non-specified commodities by 0.6% to QR2.2bn; whereas those of petroleum gases and other gaseous hydrocarbons fell 2.1% to QR9.53bn in November 2020.
The exports of petroleum gases and other gaseous hydrocarbons tanked 32.2% year-on-year and crude by 41%; while those of non-crude swelled 29.6% and other non-specified commodities by 0.5%.
Petroleum gases constituted 61% of the exports of domestic products compared to 65% a year ago period, crude 16% (20%), non-crude 9% (5%) and other commodities 14% (16%).
In November this year, Qatar's shipments to Japan amounted to QR2.98bn or 18% of the total exports; China QR2.73bn (17%); South Korea QR2.3bn (14%); India QR1.95bn (12%) and Singapore QR0.87bn (5%).
On a monthly basis, Qatar's exports to Japan surged 31.28%, China 20.26%, South Korea 15.58% and Singapore 2.6%; while India declined 23.53% in the review period.
On a yearly basis, Qatar's exports to Singapore witnessed a 51.83% plunge, Japan by 36.73%, South Korea by 28.79%, China by 18.09% and India by 12.56% in November 2020.
The country's re-exports amounted to QR0.99bn in November 2020, which shot up 23.3% and 63% on monthly and yearly basis respectively.
Qatar's total imports (valued at cost insurance and freight) amounted to QR7.54bn, which showed 8.9% and 22.1% decline month-on-month and year-on-year respectively in the review period.
In November 2020, imports from China stood at QR1.15bn, which accounted for 15% of the total imports in the country; the US QR1.04bn (14%); India QR0.49bn (7%); Italy QR0.45bn (6%) and Germany QR0.41bn (6%).
On a monthly basis, the country's imports from the US soared 62.65%, India by 16.99%, the UK by 8% and Germany by 6.9%; while those from China shrank 36.29% in the review period.
On a yearly basis, Qatar's imports from China declined 16.33%, the US by 14.49% and Germany by 4.84%; even as those from Italy and India grew 13.92% and 1.04% respectively in the review period.
In November this year, imports of turbojets and turbojet propellers were valued at QR0.42bn; motor cars and other vehicles for transport at QR0.3bn; parts of aeroplanes or helicopters at QR0.19bn; and other non-specified commodities at QR6.63bn.
The Asian region accounted for more than 65% of Qatar's exports with Japan, China and South Korea occupying the first three slots; while the imports came from diversified geographies.
In November 2020, total exports of goods (including exports of goods of domestic origin and re-exports) were QR16.6bn, showing more than 8% surge on a monthly basis but declined 25.1% on yearly basis.
On a monthly basis, the exports of non-crude soared 168% to QR1.38bn, crude by 20% to QR2.51bn and other non-specified commodities by 0.6% to QR2.2bn; whereas those of petroleum gases and other gaseous hydrocarbons fell 2.1% to QR9.53bn in November 2020.
The exports of petroleum gases and other gaseous hydrocarbons tanked 32.2% year-on-year and crude by 41%; while those of non-crude swelled 29.6% and other non-specified commodities by 0.5%.
Petroleum gases constituted 61% of the exports of domestic products compared to 65% a year ago period, crude 16% (20%), non-crude 9% (5%) and other commodities 14% (16%).
In November this year, Qatar's shipments to Japan amounted to QR2.98bn or 18% of the total exports; China QR2.73bn (17%); South Korea QR2.3bn (14%); India QR1.95bn (12%) and Singapore QR0.87bn (5%).
On a monthly basis, Qatar's exports to Japan surged 31.28%, China 20.26%, South Korea 15.58% and Singapore 2.6%; while India declined 23.53% in the review period.
On a yearly basis, Qatar's exports to Singapore witnessed a 51.83% plunge, Japan by 36.73%, South Korea by 28.79%, China by 18.09% and India by 12.56% in November 2020.
The country's re-exports amounted to QR0.99bn in November 2020, which shot up 23.3% and 63% on monthly and yearly basis respectively.
Qatar's total imports (valued at cost insurance and freight) amounted to QR7.54bn, which showed 8.9% and 22.1% decline month-on-month and year-on-year respectively in the review period.
In November 2020, imports from China stood at QR1.15bn, which accounted for 15% of the total imports in the country; the US QR1.04bn (14%); India QR0.49bn (7%); Italy QR0.45bn (6%) and Germany QR0.41bn (6%).
On a monthly basis, the country's imports from the US soared 62.65%, India by 16.99%, the UK by 8% and Germany by 6.9%; while those from China shrank 36.29% in the review period.
On a yearly basis, Qatar's imports from China declined 16.33%, the US by 14.49% and Germany by 4.84%; even as those from Italy and India grew 13.92% and 1.04% respectively in the review period.
In November this year, imports of turbojets and turbojet propellers were valued at QR0.42bn; motor cars and other vehicles for transport at QR0.3bn; parts of aeroplanes or helicopters at QR0.19bn; and other non-specified commodities at QR6.63bn.
