Qatar's Non-Oil Export Records 16.2% Increase in October

Doha, December 01 (QNA) - Qatar's non-oil exports registered strong growth during October 2018 with the combined value reaching at QR1.981 billion, recording an increase of 16.2 % (year-on-year) compared to QR1.705 billion for the corresponding month last year. 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 3213 certificates of origin were issued during last October, including 2,859 general model certificates, 153 unified certificates for the GCC countries (industrial), 178 unified Arab certificates of origin, 21 certificates of origin for preferences and 2 unified certificates of Singapore. The report pointed to the trend of non-oil exports to 61 countries during October 2018 compared to (60) countries during September, with (12) Arab countries, including the Gulf Cooperation Council countries and (14) European countries including Turkey and (16) Asian countries except for the Arab countries and (14) African countries except for the Arab countries and four North and South American countries, as well as Australia. According to the report, Oman topped the list of non-oil exporting countries in October 2018 with a total exports of QR819.418 m, representing (41.37%) of the total value of non-oil exports during the month, followed by Turkey with total exports of QR148.484 m (7.5%). In third place was UK with QR115.488m (5.83%) and Hong Kong QR109.716m (5.45 %). According to the report, Oman topped the list of non-oil exporting countries in October 2018 with a total exports of QR819.418 m, representing (41.37%) of the total value of non-oil exports during the month, followed by Turkey with total exports of QR148.484 m (7.5%). In third place was UK with QR115.488m (5.83%) and Hong Kong QR109.716m (5.45 %). Netherlands ranked fifth with exports amounting to QR106.574m (5.38%) of the total value of non-oil exports in October 2018. Singapore, India, China, Lebanon and Bangladesh came in different values and percentages respectively, where the first ten countries accounted for 83.83 percent of total non-oil exports in the said month. On the other hand, the GCC countries (Sultanate of Oman and Kuwait) topped the blocs and the economic groups receiving the Qatari non-oil exports during October 2018 with total exports amounting to about QR 845.859 m, then the group of Asian countries excluding Arab countries with exports worth about QR 488.966m. The Group of European countries including Turkey came in the third place with total exports amounting to QR 426.367m, followed by the group of Arab countries, excluding the GCC countries with total value of exports amounting to about QR 151.929m, followed by the African countries excluding Arab countries, North America, South American countries and Australia with varying values. (QNA)