Qatar’s trade balance surplus surges to hit $7.75bn in December 

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Sun, 2023-01-29 15:38

RIYADH: Qatar’s trade balance surplus has surged to hit 28.2 billion Qatari riyals ($7.75 billion) in December 2022, according to a report released by the country’s Planning and Statistics Authority. 

The figure reflects a 10 percent increase on an annual basis and a 7.6 percent climb on a monthly basis, the report revealed. 

The surge in the Gulf country’s trade balance surplus is mainly attributed to the increase in exports and the curbing of imports, the report added. 

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