Qatar's trade balance fell 43.5% in July

Qatar’s commerce steadiness fell 43.5% in July

World By Aug 30, 2023 No Comments

Authorities knowledge confirmed that the Qatari commerce steadiness declined by 43.5% in July, on an annual foundation, as whole exports decreased by 34.4% to 29 billion riyals, whereas the nation’s whole imports decreased by 1.6% to 9.44 billion riyals.

In line with the Qatari “Planning and Statistics Authority” assertion, in contrast between July 2023 and the info for a similar month of 2022, the worth of exports of “oil gases and different gaseous hydrocarbons” decreased to about 17.0 billion riyals, by 44.4%.

The worth of exports of “petroleum oils and oils obtained from bituminous mineral uncooked supplies” decreased to succeed in roughly 5.4 billion riyals, by 10.6%, whereas the worth of exports of “oil oils and oils obtained from non-crude bituminous mineral supplies” decreased to about 2.8 billion riyals, or by 5.0%.

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