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Tribune News Nework
Doha
Qatar’s non-oil exports jumped 35.1 percent to QR24.4 billion in 2018 compared to the QR18.05 billion recorded in 2017, according to Qatar Chamber’s Research & Studies Department and Member Affairs Department report, on Tuesday.
Qatar’s non-oil exports in December 2018 stood at QR2.1 billion, recording a 62 percent increase over the QR1.3 billion recorded in the same month in 2017.
The report showed that 2,987 certificates of origin were issued in December, including 275 documented and 228 online.
They include 2,707 general model certificates, 110 unified certificates for the GCC countries (industrial), 148 unified Arab certificates of origin and 22 certificates of origin for preferences.
Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani said the continuing development of non-oil exports despite the siege demonstrates the success of the country’s diversification plans, which aims at reducing the reliance on oil and gas, and also increasing the non-oil sector participation in the national GDP.
The private sector companies, Sheikh Khalifa said, played a major role in the economic process and they became an important factor in Qatar’s trade with global countries.
He affirmed the contribution of local companies in the country’s foreign trade, whose exports are growing steadily month over month.
The QC chairman hailed the issuance of Law No. (2) of 2019, which supports the competitiveness of national products by combating harmful practices in international trade.
“The law came in the right time to keep pace with local developments within the framework of the country’s plans to support local products,” Sheikh Khalifa noted.
This law will contribute to the development, promotion and stimulation of the local industry, he added.
The report said 68 countries received non-oil exports from Qatar in December compared to the 67 in November.
The list includes 12 Arab countries, including the GCC countries; 18 European countries, including Turkey; 17 Asian countries excluding Arab countries; 19 African countries excluding Arab countries; and two North American countries.
Oman topped the list of importing countries in December at QR431.075 million (20.29 percent) of the total value of non-oil exports from Qatar. It was followed by the Netherlands at QR351.034 million (16.52 percent), Germany QR255.363 million (12.02 percent), and Hong Kong QR243.467 million (11.46 percent).
India imported QR228.53 million worth of non-oil products from Qatar, or 10.76 percent of the total value, followed by France, Bangladesh, Indonesia, Denmark, Indonesia and China. The above mentioned 10 countries accounted for 88.4 percent of Qatar’s total non-oil exports last month.
On the other hand, the group of European countries including Turkey topped the blocs and economic groups receiving Qatar’s non-oil exports worth QR819.939 million in December 2018; followed by the group of Asian countries, excluding Arab countries at QR729.274 million.
The GCC countries Oman and Kuwait came in the third place with total exports amounting to QR458.246m , followed by the group of Arab countries, excluding the GCC countries with total value of exports reaching QR 76.188 m , followed by North America and African countries excluding Arab countries, with varying values.
QC Director-General Saleh bin Hamad al Sharqi said that the rapid surge in non-oil exports reiterated that business sectors are not affected by the siege imposed on the country more approximately two years.
He noted that this also affirmed that commercial relations of the private sector have been greatly developed and Qatari products are of high quality and witnessed large demand in 68 global markets.
Sharqi said exports will see further growth especially that many industrial projects have entered production
operations.
Doha
Qatar’s non-oil exports jumped 35.1 percent to QR24.4 billion in 2018 compared to the QR18.05 billion recorded in 2017, according to Qatar Chamber’s Research & Studies Department and Member Affairs Department report, on Tuesday.
Qatar’s non-oil exports in December 2018 stood at QR2.1 billion, recording a 62 percent increase over the QR1.3 billion recorded in the same month in 2017.
The report showed that 2,987 certificates of origin were issued in December, including 275 documented and 228 online.
They include 2,707 general model certificates, 110 unified certificates for the GCC countries (industrial), 148 unified Arab certificates of origin and 22 certificates of origin for preferences.
Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani said the continuing development of non-oil exports despite the siege demonstrates the success of the country’s diversification plans, which aims at reducing the reliance on oil and gas, and also increasing the non-oil sector participation in the national GDP.
The private sector companies, Sheikh Khalifa said, played a major role in the economic process and they became an important factor in Qatar’s trade with global countries.
He affirmed the contribution of local companies in the country’s foreign trade, whose exports are growing steadily month over month.
The QC chairman hailed the issuance of Law No. (2) of 2019, which supports the competitiveness of national products by combating harmful practices in international trade.
“The law came in the right time to keep pace with local developments within the framework of the country’s plans to support local products,” Sheikh Khalifa noted.
This law will contribute to the development, promotion and stimulation of the local industry, he added.
The report said 68 countries received non-oil exports from Qatar in December compared to the 67 in November.
The list includes 12 Arab countries, including the GCC countries; 18 European countries, including Turkey; 17 Asian countries excluding Arab countries; 19 African countries excluding Arab countries; and two North American countries.
Oman topped the list of importing countries in December at QR431.075 million (20.29 percent) of the total value of non-oil exports from Qatar. It was followed by the Netherlands at QR351.034 million (16.52 percent), Germany QR255.363 million (12.02 percent), and Hong Kong QR243.467 million (11.46 percent).
India imported QR228.53 million worth of non-oil products from Qatar, or 10.76 percent of the total value, followed by France, Bangladesh, Indonesia, Denmark, Indonesia and China. The above mentioned 10 countries accounted for 88.4 percent of Qatar’s total non-oil exports last month.
On the other hand, the group of European countries including Turkey topped the blocs and economic groups receiving Qatar’s non-oil exports worth QR819.939 million in December 2018; followed by the group of Asian countries, excluding Arab countries at QR729.274 million.
The GCC countries Oman and Kuwait came in the third place with total exports amounting to QR458.246m , followed by the group of Arab countries, excluding the GCC countries with total value of exports reaching QR 76.188 m , followed by North America and African countries excluding Arab countries, with varying values.
QC Director-General Saleh bin Hamad al Sharqi said that the rapid surge in non-oil exports reiterated that business sectors are not affected by the siege imposed on the country more approximately two years.
He noted that this also affirmed that commercial relations of the private sector have been greatly developed and Qatari products are of high quality and witnessed large demand in 68 global markets.
Sharqi said exports will see further growth especially that many industrial projects have entered production
operations.
