Qatar’s Export Unit Value Index (EXUVI) surged 61.05% on an annualised basis during the first quarter (Q1) of this year, reflecting the economy status of the country, according to the official statistics.
The country's EXUVI shot up 6.76% quarter-on-quarter during Q1, 2022, said the figures released by the Planning and Statistics Authority (PSA).
The release of this indicator is one of the requirements of the Planning and Statistics Authority in providing accurate statistical information and data that support the decision-maker.
Standard International Trade Classification Index (SITC) is used in calculating this indicator, which is classified the data into ten main groups contain 56 commodities classified according to the harmonised system.
On a yearly basis, the increase in the EXUVI, was primarily due to a 63.66% jump in the unit value of mineral fuels, lubricants and related materials, 48.3% in chemical and related products, 39.04% in manufactured products classified chiefly by materials, 26.79% in miscellaneous manufactured articles, 3.41% in machinery and transport equipment, 2.5% in beverages and tobacco and 0.55% in crude materials, inedible (except fuels)
Nevertheless, a 7.89% decrease was recorded in commodities and transactions not classified elsewhere in SITC and 3.23% in food and live animals.
On a quarterly basis, the unit value of manufactured goods zoomed 11.48%; mineral fuels, lubricants and related materials 7.59%; miscellaneous manufactured articles 5.73%; beverages and tobacco 2.5%; food and live animals 1.53%; commodities and transactions not classified elsewhere in SITC 1.2%; and machinery transport and equipment 0.5%.
However, there was a 1.81% decline in the unit value of chemicals and related products.
The release of this indicator is one of the requirements of the Planning and Statistics Authority in providing accurate statistical information and data that support the decision-maker.
Standard International Trade Classification Index (SITC) is used in calculating this indicator, which is classified the data into ten main groups contain 56 commodities classified according to the harmonised system.
On a yearly basis, the increase in the EXUVI, was primarily due to a 63.66% jump in the unit value of mineral fuels, lubricants and related materials, 48.3% in chemical and related products, 39.04% in manufactured products classified chiefly by materials, 26.79% in miscellaneous manufactured articles, 3.41% in machinery and transport equipment, 2.5% in beverages and tobacco and 0.55% in crude materials, inedible (except fuels)
Nevertheless, a 7.89% decrease was recorded in commodities and transactions not classified elsewhere in SITC and 3.23% in food and live animals.
On a quarterly basis, the unit value of manufactured goods zoomed 11.48%; mineral fuels, lubricants and related materials 7.59%; miscellaneous manufactured articles 5.73%; beverages and tobacco 2.5%; food and live animals 1.53%; commodities and transactions not classified elsewhere in SITC 1.2%; and machinery transport and equipment 0.5%.
However, there was a 1.81% decline in the unit value of chemicals and related products.