Monthly Qatari exports rise 106%
The value of the total Qatari exports (which includes exports of local origin and re-exports) recorded during November 2021 about 34.3 billion Qatari riyals, an increase of 106.6 percent compared to November 2020, and an increase of 13.9 percent compared to October 2021.
A statement issued by the Planning and Statistics Authority on foreign trade statistics for the month of November 2021 stated that the value of merchandise imports increased during the month of November 2021, reaching about 9.8 billion Qatari riyals, an increase of 29.6 percent compared to November 2020, and an increase of 9.6 percent compared to the previous month. October 2021.
The statement indicated that the merchandise trade balance, which represents the difference between total exports and imports, achieved during the month of November 2021 a surplus of 24.5 billion Qatari riyals, registering an increase of 15.5 billion Qatari riyals, or 170.6% compared to the same month of the previous year 2020, and an increase of 3.3 billion QR, or 15.8 percent, compared to October 2021.
The statement compared between November 2021 and November 2020, indicating an increase in the value of exports of “oil gases and other gaseous hydrocarbons”, which represent (liquefied natural gas, condensate, propane, butane, etc..) to reach about 22.4 billion Qatari riyals, a rate of 135.1 percent, and rose The value of “petroleum oils and oils of bituminous mineral raw materials” amounted to approximately QR 4.1 billion, or 62.4 percent, and the value of exports of “petroleum oils and oils obtained from non-crude bituminous minerals” increased to about QR 2.9 billion, or 107.8% .
In terms of exports according to the main destination countries, China ranked first in the countries of destination for Qatar’s exports during November 2021 with a value of approximately QR 5.1 billion, or 14.8 percent of the total value of Qatari exports, followed by Japan with a value of QR 4.5 billion Approximately 13.1 percent of the total value of exports, followed by South Korea with a value of approximately 3.6 billion Qatari riyals, or 10.4 percent.
In a comparison between November 2021 and November 2020, the group of “jet turbines, propelling turbines, other gas turbines and their parts” came at the top of the list of merchandise imports, amounting to 0.4 billion Qatari riyals, with a decrease of 1.9 percent, followed by the group of “electrical devices for telephone (telephone) or Wired (telegraph) telegraph, including network carrier devices, and its parts” worth 0.33 billion Qatari riyals, an increase of 13.0 percent, and the group of “cars and other motor vehicles designed primarily for transporting people” with a value of approximately 0.30 billion Qatari riyals, a decrease of 1.4 percent.
In terms of imports according to the main countries of origin, China ranked first in the countries of origin for the imports of the State of Qatar during the month of November 2021 with a value of approximately 1.8 billion Qatari riyals, or 18.8 percent of the total value of merchandise imports, then the United States of America with a value of 1.1 billion Qatari riyals, i.e. It accounted for 11.2 percent, followed by Germany with a value of 0.7 billion Qatari riyals, or 7.2 percent.