DOHA: The difference between total exports and imports showed a decrease of QAR12.6bn, or 53.6%, compared to November 2014.
November saw the value of Qatar’s total export of goods, including exports of goods of domestic origin and re-exports, standing at QAR21.3bn
This is a 36.7% decrease year-on-year and a 5.9% decline, month-on-month.
November imports, however, touched QAR10.4bn, an increase of 2.8% over November 2014.
Preliminary figures released by the Ministry of Development Planning and Statistics noted however, on a month-on-month basis, the imports decreased by 0.1%.
The difference between total exports and imports showed a surplus of QAR10.9bn in November 2015, a decrease of QAR12.6bn, or 53.6%, compared to November 2014.
The trade balance increased by QAR1.3bn, or 10.7%, compared to October 2015.
Lower exports of petroleum gases and other gaseous hydrocarbons was responsible for the year-on-year decrease in total exports, reaching QAR13.3bn in October 2015, a decrease of 40.6%, The Peninsula reports.
In November 2015, Japan was the biggest market for Qatar, coming in at QAR4.2bn, 19.5% of total exports, followed by South Korea with QAR3.5bn (16.7%), and India with QAR2.4bn, a share of 11.3%.
Motor cars and other passenger vehicles was at the top of the imported group of commodities, with QAR1.0bn, showing a decrease of 6.1% compared to November year-on-year.
Aircraft and helicopters etc parts comprised QAR0.6bn, a decrease of 5.3% followed by electrical apparatus telephone sets etc accounting for QAR0.3bn, an increase by 21.3%.
