Qatar’s Export Unit Value Index (EXUVI) surged 50.55% on an annualised basis during the second quarter (Q2) of this year, according to the official statistics.
The country's EXUVI shot up 4.79% quarter-on-quarter during Q2, 2022, according to figures released by the Planning and Statistics Authority (PSA).
The release of this indicator is one of the requirements of the PSA 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 has 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 53.91% surge in the unit value of mineral fuels, lubricants and related materials; 32.39% in chemical and related products; 22.79% in machinery and transport equipment; 21.53% in manufactured products classified chiefly by materials; 19.82% in animal and vegetables oils, fats and waxes; 6.55% in miscellaneous manufactured articles and 2.95% in beverages and tobacco.
Nevertheless, a 10.67% decrease was recorded in commodities and transactions not classified elsewhere in SITC; 9.51% in food and live animals and 0.04% in crude materials.
On a quarterly basis, the unit value of mineral fuels, lubricants and related materials shot up 5.03%; commodities and transactions not classified elsewhere in SITC 4.51%; chemicals and related products 3.86%; manufactured goods 0.46%; and beverages and tobacco 0.44%. However, there was a 7.85% decline in the unit export value of machinery and transport equipment; food and live animals 4.17%; miscellaneous manufactured articles 3.91% and crude materials 0.04%.
The release of this indicator is one of the requirements of the PSA 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 has 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 53.91% surge in the unit value of mineral fuels, lubricants and related materials; 32.39% in chemical and related products; 22.79% in machinery and transport equipment; 21.53% in manufactured products classified chiefly by materials; 19.82% in animal and vegetables oils, fats and waxes; 6.55% in miscellaneous manufactured articles and 2.95% in beverages and tobacco.
Nevertheless, a 10.67% decrease was recorded in commodities and transactions not classified elsewhere in SITC; 9.51% in food and live animals and 0.04% in crude materials.
On a quarterly basis, the unit value of mineral fuels, lubricants and related materials shot up 5.03%; commodities and transactions not classified elsewhere in SITC 4.51%; chemicals and related products 3.86%; manufactured goods 0.46%; and beverages and tobacco 0.44%. However, there was a 7.85% decline in the unit export value of machinery and transport equipment; food and live animals 4.17%; miscellaneous manufactured articles 3.91% and crude materials 0.04%.