Qatar's non-oil exports reach QR6.27bn in first four months of 2017
14 Jun 2017 - 1:30
The total value of non-oil exports during the first four months of 2017 reached QR6.27bn. On monthly basis, the total value of Qatar's non-oil exports in April 2017 reached QR1.33bn, down 27.3 percent compared to QR1.83bn in March.
When compared on year-on-year basis, the value has declined by 18.4 percent compared to QR1.63bn in April 2016, according to a monthly report on foreign trade of the private sector released by Qatar Chamber, yesterday.
The report, which was prepared based on certificates of origin issued by Qatar Chamber’s Research & Studies Department and Member Affairs Department last April, pointed out that non-oil exports were distributed to about 61 countries compared to 58 in March.
About 47.8 percent of these exports were received by the GCC, while the Arab countries (excluding GCC states) received 32.8 percent.
Industrial gases topped the non-oil exports followed by aluminum alloys, bars and molds, chemical fertilizers, steel veins and lotrene. Exports also included polyethylene, flour, detergents and plastic rolls, pipes and bags.
The Qatari exports went to a total of 61 countries in April , including 17 Arab countries and GCC , 12 European countries including Turkey, 10 Asian countries (except Arab countries), 17 African countries (excluding Arab countries) and 4 countries of North and South Americas in addition to Australia, the report said.
The report pointed out that industry sector still topped the non-oil exports in April. This significantly shows the great development and its increasing contribution in the GDP among other no-oil sectors.
Commenting on the report, Qatar Chamber Director General Saleh bin Hamad Al Sharqi (pictured) affirmed the importance of these statistics that manifest the volume of foreign trade.
Al Sharqi said: “ These figures work as a mirror that reflects the actual reality of one of the most important aspects of our economy which is foreign trade.”
Qatar Chamber is keen on issuing these data which are of great advantage to those who are interested in economic activities, he added.
These figures significantly reflect to the growing spread of destinations receiving Qatari goods, he said, noting that these exports don’t include the oil exports.