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Tribune NEws Network
Doha
The total value of Qatar's non-oil exports in September 2017 reached QR 1.570 billion compared to QR1.056 billion in the same period last year, an increase of 48.7 percent, a Qatar Chamber monthly report on the foreign trade of the private sector said on Saturday. The total value of nine months of 2017 touched QR13.3 billion.
The report , which was prepared based on certificates of origin issued by Qatar Chamber's Research & Studies Department and Member Affairs Department last May, pointed out that 2,155 certificates of origin were issued in the same month.
Prasing the report, Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani said the substantial rise in exports to normal level proves that the unfair siege imposed on Qatar couldn't stop or hinder the export processes of the private sector due to the robustness of economy, government's wise policies and world's confidence in Qatar's economy.
He said non-oil exports retreated in June but sound planning and strong external relations, along with the significant efforts made at all levels enabled Qatar to overcome the repercussions of the siege rapidly.
He added that exports in July, August and September achieved substantial growth to higher levels before the siege.
For his part QC's Director General Saleh bin Hamad al Sharqi said there was a huge surge in Qatar's exports despite the unfair siege imposed on the country and obstacles set by the embargo states. He also paid tribute to continued exports growth in the third month in a row achieving rates before the siege or even higher in some months.
Sharqi noted that Qatar provided a host of facilties and incentives for national and foreign investors to establish productive enterprises to produce all goods and products which were imported from the seige countries, with a view to achieving self-sufficiency and export any surplus of production.
He pointed out that the Chamber is currently preparing a booklet that includes a biannual bulletin on the Qatar's non-oil exports. It reviews statistics of exports during the first half of the current year.
The report said that Qatar's non-oil exports during September were distributed to about 52 countries compared to 58 last month. Countries receiving Qatar's non-oil exports included 10 Arab countries and GCC, 14 European countries including Turkey, 16 Asian countries (excluding Arab countries), 10 African countries (excluding Arab countries) and two countries of North and South Americas.
As in August, Oman was Qatar's top non-oil exports destination in September accounting for QR700.29 million or 44.6 percent of the total exports in the month. It was followed by Hong Kong with almost QR127.98 million or 8.2 percent and Germany with QR113.11 million or 7.2 percent. Turkey came in fourth place with almost QR95 million or 6.1 percent followed by Philippines with QR81.81 million or 5.2 percent.
USA was in the sixth place followed by Sri Lanka, Bangladesh, Singapore and India.
"It is clear that 90.2 percent of the total value of exports were received by the first ten countries abovementioned," the QC report said
The report further said i that the GCC (Kuwait and Oman) was a first destination of Qatari exports amounting to 45.4 percent of the total exports with QR712.844 million. Most of these exports were received by Oman.
Asian countries excluding Arab countries come in the second place. They imported goods worth QR499.198 million which represents 31.8 percent of the total non-oil exports. In the third place, European countries including Turkey received QR230.893 million or 14.7 percent of the total value.
North America came in the fourth place receiving QR73.224m or 4.7 percent.
Arab countries come in the fifth place excluding GCC with total exports of QR44.856 followed by African countries which received QR8.61m.
The report shows that total values of non-oil exports in January was QR1,400 million, February QR1,830 million, March QR1,830 million, April QR1,328 million, May QR1,423 million, June QR793.7 million, July QR1,328 million, August QR 1,796 million and in September QR1,570 million.
Aluminum alloys, bars and molds topped the non-oil exports in the third month in a row with total value of QR417.6 million or 26.6 percent, whereas gas and oils come in the second place with QR303 million or 19.3 percent.
Iron grids, angles and poles come in the third place with almost QR240 million or 15.3 percent followed by helium gas with almost QR106.6m followed by chemical fertilizers with QR74 million and lotrene with almost QR60.8 million followed by paraffin, polyethylene, chemical substances and plastic rolls.
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22/10/2017
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