The Planning and Statistics Authority issued its preliminary report on foreign trade statistics for the month of March 2023. The report includes data on exports of local origin, re-exports and imports. The following is a brief presentation of the data: During March 2023, the value of the total Qatari exports, which includes exports of origin Domestic and re-exports amounted to approximately 30.9 billion Qatari riyals, a decrease of 15.5% compared to March 2022, and a decrease of 0.6% compared to February 2023. On the other hand, the value of merchandise imports decreased during March 2023, to reach about 9.6 billion Qatari riyals, a decrease It increased by 4.6% compared to March 2022, and an increase of 18.1% compared to February 2023. In light of this, the merchandise trade balance, which represents the difference between total exports and imports during March 2023, achieved a surplus of 21.3 billion Qatari riyals, recording a decrease of 5.2 billion Qatari riyals, or 19.6% compared to the same month of the previous year 2022, and a decrease of approximately 1.6 billion Qatari riyals, or 7.2% compared to February 2023. And compared to March 2023 and March 2022, the value of exports decreased "Petroleum gases and other gaseous hydrocarbons" Which represents (liquefied natural gas, condensate, propane, butane, etc..) to reach about 19.0 billion Qatari riyals, or by 5.4%, and the value of "Petroleum oils and oils, bituminous mineral raw materials" It reached approximately 4.9 billion Qatari riyals, or 26.5%, and the value of exports decreased "Petroleum oils and oils obtained from non-crude bituminous minerals" To reach about 2.5 billion Qatari riyals, or 32.4%. 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 Qatari riyals, or 20.7% of the total value of Qatari exports, followed by South Korea, with a value of approximately 4.9 billion Qatari riyals, i.e. It represented 15.8% of the total value of exports, then India, with a value of approximately 3.6 billion Qatari riyals, or 11.6%. 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 Qatari riyals, an increase of 31.5%, followed by a group of "Cars and other motor vehicles designed primarily for the transport of persons" As its value amounted to approximately 0.4 billion Qatari riyals, an increase of 0.7% "Jewellery, jewellery, and parts thereof, of precious metals or with metal shell" With a value of QR 0.3 billion, an increase of 4.5%. In terms of imports according to the main countries of origin, the United States of America ranked first in the countries of origin with regard to the imports of the State of Qatar during the month of March 2023, with a value of approximately 1.8 billion Qatari riyals, or 19.3% of the total value of merchandise imports, then China, with a value of 1.2 billion Qatari riyals, or a percentage of 12.1%, followed by India with a value of QR 0.6 billion or 6.3%.
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