Doha's exports to the UK grew more than eight-fold and those to South Korea almost doubled year-on-year as Qatar's trade surplus amounted to QR21.18bn in October 2021, according to the official statistics.
On a yearly basis, Qatar's exports to the UK soared 737.25% to QR2.5bn or 8% of the total exports and those to South Korea jumped 99.8% to QR3.97bn (13.2%), said the figures released by the Planning and Statistics Authority.
Doha's exports to India shot up 60.24% to QR4.09bn (13.6%), Japan by 59.5% to QR3.62bn (12%) and China by 50.86% to QR3.42bn (11.4%) in October 2021.
On a monthly basis, Qatar's exports to the UK grew more than five-fold, those to Japan expanded 38.82%, South Korea by 14.65% and India by 14.07%; whereas those to China declined 19.41% in the review period.
The total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR30.09bn, showing a stupendous 96.4% growth year-on-year and 7.9% month-on-month in October 2021.
On commodity-wise classification, the exports of petroleum gases and other gaseous hydrocarbons shot up 93.6% year-on-year to QR18.84bn, non-crude by 509.5% to QR3.14bn, crude by 93.2% to QR4.04bn and other commodities by 48.1% to QR3.23bn in the review period.
On a monthly basis, the exports of petroleum gases and other gaseous hydrocarbons were up 8.7%, non-crude by 17% and crude by 14.1%, while those of other commodities were seen shrinking 10.7%.
Petroleum gases constituted 64.41 of the exports of domestic products in October 2021 compared to 67.01 a year ago period, crude 13.81% (14.39%), non-crude 3.58% (10.74%) and other commodities 11.04% (15.01%).
Qatar's total imports (valued at cost insurance and freight) amounted to QR8.9bn, which showed 7.6% and 1.3% increase year-on-year and month-on-month respectively in October 2021.
The country's imports from China stood at QR1.55bn, which accounted for 17.4% of the total imports; followed by the US QR0.98bn (11%), the UK QR0.72bn (8.1%), India QR0.55bn (6.2%) and Italy QR0.51bn (5.7%).
On a yearly basis, Qatar's imports from the UK had seen a 66.67% surge, China by 55.95%, Italy by 28.35% and India by 13.69%; while those from the US declined 19.51% in October this year.
On a monthly basis, the country's imports from the UK had seen a 33.33% growth and Italy by 22.76%; while those from the US shrank 10.03%, India by 7.43% and China by 3.19% in the review period.
In October this year, the imports of turbojets and turbo propellers amounted to QR0.66bn, motor cars and other motor vehicles QR0.3bn; parts of aeroplanes QR0.27bn and other non-specified commodities at QR7.67bn.
Overall, Qatar's trade surplus expanded more than tripled or grew 200.6% year-on-year in October 2021. On a monthly basis, it showed a 10.9% increase.