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Thursday, December 12, 2024

Home Business Qatar’s trade surplus reaches $16.73bln in Q3

Qatar’s trade surplus reaches $16.73bln in Q3

by News desk
November 26, 2023
in Business

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The merchandise trade balance of the State of Qatar (difference between total exports and imports) recorded a surplus of QR60.9bn Q3 2023, down from QR102.1bn in Q3 2022.

According to the press release on “Quarterly Foreign Merchandise Trade Statistics, Q3 2023 State of Qatar”, published by the Planning and Statistics Authority (PSA), Qatars total exports in Q3 2023 (including exports of domestic goods and re-exports) amounted to QR89.8bn, decreased by QR43.8bn (32.8%) compared to Q3 2022 which amounted total exports of QR133.6bn, and increased by nearly QR4.4bn or 5.2% compared to Q2 2023.—Zawya