Qatar’s trade surplus touches $4.77bn in June

RIYADH: Qatar’s trade surplus remained broadly stable in June, reaching 17.4 billion Qatari riyals ($4.77 billion), reflecting a slight dip of 4.4 percent from the previous month. 

The trade surplus decreased by 42.3 percent compared to June last year, according to data released by the country’s Planning and Statistics Authority. 

Merchandise exports fell by 3.5 percent compared to the previous month, reaching 26.8 billion riyals. They also dropped by 32 percent on a year-on-year basis compared to June 2022.