The total exports of goods (including exports of goods of domestic origin and re-exports) in February amounted to around QR31.0bn, a decrease of 2.2 percent compared to February 2022, and decrease of 8.7 percent compared to January 2023 according to the Planning and Statistics Authority.

The Authority released preliminary figures of the value of exports of domestic goods, re-exports, and imports for February 2023.

On other hand, the imports of goods in February 2023 amounted to around QR8.1bn showing a decrease of 14.3 percent compared to February 2022. and decrease of 16.4 percent compared to January 2023.

In February 2023, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR22.9bn almost, i.e., an increase of about QR0.7bn or 2.9 percent compared to February 2022, and decrease by nearly QR1.4bn or 5.7 percent compared to January 2023.

The year on year (February 2023 vs. February 2022) increase in total exports was mainly due to higher exports of Petroleum gases and other gaseous hydrocarbons (LNG, condensates, propane, butane, etc.) reaching QR19.6bn (approximately) in February 2023, i.e. an increase of 3.7 percent, Petroleum oils & oils from bituminous minerals (crude) reaching QR4.8bn nearly, decrease by 11.9 percent, and decrease in the Petroleum oils & oils from bituminous minerals (not crude) reaching 2.4bn 18.5 percent.

percent of total exports, followed by South Korea with almost QR5.0bn and a share of 16.3 percent, and India with about QR 4.0bn, a share of 12.8 percent.

The year on year (February 2023 vs. February 2022), the group of “Turbojets, Turbopropellers & Other Gas Turbines; Parts Thereof” was at the top of the imported group of commodities, with QR0.6bn, showing an increase of 39.5 percent.

In second place was “Motor Cars & Other Motor Vehicles for The Transport of Persons” with QR0.29bn, decrease of 40.1 percent, and in third place “Electrical Apparatus for Line Telephony/Telegraphy, Telephone Sets Etc.; Parts Thereof” with QR 0.27bn, showing an increase of 19.7 percent.

In February 2023, China was the leading country of origin of Qatar’s imports with about QR1.3bn, a share of 15.6 percent of the imports, followed by United State of America with QR1.1bn almost, a share of 13.1 percent, and India with QR0.6bn, a share of 6.9 percent.

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