Qatar records over $5bn trade surplus in October despite export decrease

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Wed, 2023-11-29 13:42

RIYADH: Qatar reported a positive foreign merchandise trade balance for October 2023, with a surplus of nearly 19 billion Qatari riyals ($5.13 billion). 

The recent data from the Planning and Statistics Authority revealed that goods exports across the month totaled around 29.1 billion riyals, indicating a 23.5 percent decrease from the same period last year.

Meanwhile, goods imports for October 2023 amounted to about 10.1 billion riyals, showing a 22.1 percent decrease year-on-year. 

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