The country’s merchandise trade balance, which represents the difference between total exports and imports during the month of March, achieved a surplus of 21.3 billion riyals, recording a decrease of 5.2 billion riyals, or 19.6 percent, compared to the same month of the previous year 2022, and a decrease of approximately 1.6 billion Qatari riyals, i.e. It increased by 7.2 percent compared to February 2023. The Planning and Statistics Authority stated in a statement today that the total value of Qatari exports (which includes exports of local origin and re-exports) amounted to approximately 30.9 billion riyals, a decrease of 15.5 percent compared to March 2022. a decrease of 0.6 percent compared to February 2023. On the other hand, the value of merchandise imports decreased during March 2023, reaching about 9.6 billion riyals, a decrease of 4.6 percent compared to March 2022, and an increase of 18.1 percent compared to February 2023. He attributed Statement of the Planning and Statistics Authority The decrease in the value of exports last March, compared to the same month of the year 2022, indicates a decrease in the value of exports "Petroleum gases and other gaseous hydrocarbons" Which represents (liquefied natural gas, condensate, propane, butane, etc..) to reach about 19 billion riyals, or 5.4 percent, and the value of "Petroleum oils and oils, bituminous mineral raw materials" It reached approximately 4.9 billion riyals, or 26.5 percent, and the value of exports decreased "Petroleum oils and oils obtained from non-crude bituminous minerals" To reach about 2.5 billion riyals, or 32.4 percent. In terms of exports according to the main countries of destination, China ranked first in the destination countries for the exports of the State of Qatar during the month of March 2023, with a value of approximately 6.4 billion riyals, or 20.7 percent of the total value of Qatari exports, followed by South Korea, with a value of approximately 4.9 billion riyals, or 15.8 percent. percent of the total value of exports, then India, with a value of approximately 3.6 billion riyals, or 11.6 percent. In comparison between March 2023 and March 2022, a group of "Jet turbines and propeller turbines, other gas turbines and parts thereof" At the top of the list of merchandise imports, with a value of 0.8 billion riyals, an increase of 31.5 percent, followed by a group "Cars and other motor vehicles designed primarily for the transport of persons" As its value amounted to approximately 0.4 billion riyals, an increase of 0.7 percent "Jewellery, jewellery, and parts thereof, of precious metals or with a metal shell" With a value of 0.3 billion riyals, an increase of 4.5 percent. In terms of imports according to the main countries of origin, the United States of America ranked first in the countries of origin for the imports of the State of Qatar during the month of March 2023, with a value of approximately 1.8 billion riyals, or 19.3 percent of the total value of merchandise imports, then China, with a value of 1.2 billion Qatari riyals, or 12.1 percent. , followed by India with a value of 0.6 billion Qatari riyals, or 6.3 percent.
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