Qatar’s merchandise trade balance records $14.9bn surplus

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Wed, 2024-03-06 12:44

RIYADH: Qatar’s trade balance showed a surplus of $14.9 billion in the fourth quarter of 2023, marking an annual 31.5 percent decrease, according to official data.

The figures released by the Planning and Statistics Authority highlighted the country’s trade dynamics, covering imports, exports, re-exports, and trade balances.

In the final three months of 2023, Qatar recorded a merchandise trade balance surplus of 54.5 billion Qatari riyals ($14.9 billion), compared to 79.6 billion riyals in the same quarter of 2022.

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