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Tribune news network
doha
Qatar’s foreign merchandise trade balance showed a surplus of QR4.3 billion in April 2020, a decrease of QR8.6 billion or 66.9 percent compared to April 2019, and decreased by QR3.4 billion or 44 percent compared to March 2020, according to data released by the Planning and Statistics Authority on Thursday.
In April 2020, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR11.8 billion, showing a decrease of 46.3 percent compared to April 2019, and decrease of 26.3 percent compared to March 2020. ).
On other hand, the imports of goods in April 2020 amounted to QR7.5 billion, showing a decrease of 17 percent over April 2019. On a month on month (M-o-M) basis the imports decreased by 10.1 percent.
The year-on-year (April 2020 to April 2019) decrease in total exports was mainly due to lower exports of petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching QR7.6 billion in April 2020, a decrease of 45 percent; petroleum oils & oils from bituminous minerals (crude) at QR1.2 billion, a decrease by 68.4 percent; and petroleum oils & oils from bituminous minerals (not crude) at QR0.5 billion, a decrease by 62 percent.
In April 2020, South Korea was at the top of the countries of destination of Qatar’s exports with close to QR1.8 billion, a share of 15.7 percent of total exports, followed by China at QR1.33 billion (11.3 percent), and India at QR1.32 billion (11.3 percent).
During April 2020, the group of “ turbo jets of a thrust exceeding 25 KN” was at the top of the imported group of commodities at QR0.4 billion, showing an increase of 161.2 percent compared to April 2019. In second place was “parts of aeroplanes or helicopters” at QR0.3 billion, a decrease of 11.9 percent and in the third place was “motor cars & other motor vehicles for the transport of persons” at QR0.3 billion, a decrease of 16.9 percent. In April 2020, China was the leading country of origin of Qatar’s imports at QR1.5 billion, a share of 19.7 percent of the imports, followed by US at QR1 billion, a share of 13.6 percent, and UK at QR0.7 billion, a share of 9.3 percent.
doha
Qatar’s foreign merchandise trade balance showed a surplus of QR4.3 billion in April 2020, a decrease of QR8.6 billion or 66.9 percent compared to April 2019, and decreased by QR3.4 billion or 44 percent compared to March 2020, according to data released by the Planning and Statistics Authority on Thursday.
In April 2020, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to QR11.8 billion, showing a decrease of 46.3 percent compared to April 2019, and decrease of 26.3 percent compared to March 2020. ).
On other hand, the imports of goods in April 2020 amounted to QR7.5 billion, showing a decrease of 17 percent over April 2019. On a month on month (M-o-M) basis the imports decreased by 10.1 percent.
The year-on-year (April 2020 to April 2019) decrease in total exports was mainly due to lower exports of petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching QR7.6 billion in April 2020, a decrease of 45 percent; petroleum oils & oils from bituminous minerals (crude) at QR1.2 billion, a decrease by 68.4 percent; and petroleum oils & oils from bituminous minerals (not crude) at QR0.5 billion, a decrease by 62 percent.
In April 2020, South Korea was at the top of the countries of destination of Qatar’s exports with close to QR1.8 billion, a share of 15.7 percent of total exports, followed by China at QR1.33 billion (11.3 percent), and India at QR1.32 billion (11.3 percent).
During April 2020, the group of “ turbo jets of a thrust exceeding 25 KN” was at the top of the imported group of commodities at QR0.4 billion, showing an increase of 161.2 percent compared to April 2019. In second place was “parts of aeroplanes or helicopters” at QR0.3 billion, a decrease of 11.9 percent and in the third place was “motor cars & other motor vehicles for the transport of persons” at QR0.3 billion, a decrease of 16.9 percent. In April 2020, China was the leading country of origin of Qatar’s imports at QR1.5 billion, a share of 19.7 percent of the imports, followed by US at QR1 billion, a share of 13.6 percent, and UK at QR0.7 billion, a share of 9.3 percent.
