Qatar’s non-oil exports jump 25% to QR2.2 bn y-o-y in November 2018

Qatar’s non-oil exports registered strong growth during November 2018 with the combined value reaching at QR2.244 bn, recording an increase of 13.3 percent year-on-year compared to QR1.981 bn recorded in October 2018 and compared to QR 1.800 billion for the corresponding month last year recording growth percentage of 24.7%.

The monthly report of the Qatar Chamber on foreign trade for the private sector, prepared by the Department of Research, Studies and Management of Member Affairs said that 2962 certificates of origin were issued during last November, including 2,876 issued documented while 86 issued online. They include 2.701 general model certificates, 103 unified certificates for the GCC countries (industrial) and 1 livestock, 134 unified Arab certificates of origin and 23 certificates of origin for preferences.

The report pointed to the trend of non-oil exports to 67 countries during November 2018 compared to (61) countries during October, with (13) Arab countries, including the Gulf Cooperation Council countries and (15) European countries including Turkey and (20) Asian countries except for the Arab countries and (13) African countries except for the Arab countries and five North and South American countries, as well as Australia.

According to the report, Oman topped the list of non-oil exporting countries in November 2018 with a total exports of QR525.97 m, representing (23.4 percent) of the total value of non-oil exports during the month, followed by Netherlands with total exports of QR 342.808 m (15.3 percent). In third place was UK with QR211.863m (9.4 percent) and Singapore QR157.597m (7.02 percent).

China ranked fifth with exports amounting to QR143.509m (6.4 percent) of the total value of non-oil exports in November 2018.

Bangladesh, Denmark, Germany, India and Turkey came in different values and percentages respectively, where the first ten countries accounted for 86.05 percent of total non-oil exports in the said month.

On the other hand, the Group of European countries including Turkey topped the blocs and the economic groups receiving the Qatari non-oil exports during November 2018 with total exports amounting to about QR882.56m, then the group of Asian countries excluding Arab countries with exports worth about QR 663.96m.

The GCC countries Oman and Kuwait came in the third place with total exports amounting to QR558.345m , followed by the group of Arab countries, excluding the GCC countries with total value of exports amounting to about QR 64.717m , followed by the African countries excluding Arab countries, North America, South American countries and Australia with varying values.


Back to top button