Skip to content Skip to Search
Skip navigation

Qatar’s trade balance surplus jumps 78% to $4.2bn

Creative Commons
The annual export jump for Qatar was mainly due to higher sale of petroleum gases and other gaseous hydrocarbons.

Qatar’s trade balance surplus grew 78 percent year-over-year in July to QR 15.2 billion ($4.17 billion), the state-owned Qatar News Agency reported, citing official data.

Preliminary figures showed that the total value of exports, including exports of goods of domestic origin and re-export, reached QR 44.4 billion, up 61.9 percent year-on-year, according to data released by the Planning and Statistics Authority.

On the other hand, imports of goods reached nearly QR 9.6 billion in July, rising 21.8 percent year-on-year.

The annual export jump was mainly due to rise in petroleum gases and other gaseous hydrocarbons such as LNG, condensates, propane, and butane.

India topped Qatar’s export list with nearly QR 5.7 billion, followed by Japan (QR 5.12 billion) and South Korea (QR 5.08 billion).

China was the leading country of origin for Qatar’s imports with nearly QR 1.7 billion, followed by the US (QR 1.6 billion) and India (QR 0.6 billion).

Latest articles

EV charger network UAE

UAE to roll out countrywide EV fast charger network

The UAE is speeding up the expansion of its electric vehicle charger infrastructure in support of the energy transition, the shift from fossil-based systems of energy production. UAEV, a joint venture between the Ministry of Energy and Infrastructure and Etihad Water and Electricity that was announced on Monday, intends to build a network of high-performance […]

Saudi Aramco CEO Amin Nasser (centre back) at the signing ceremony for the quantum computer deal with Pasqal

Aramco to use Saudi Arabia’s first quantum computer

Saudi Arabia plans to deploy its first quantum computer, after an agreement between the state oil company, Saudi Aramco, and the French computing company Pasqal.  Pasqal will install, maintain and operate a 200-qubit quantum computer, due for deployment in the latter half of 2025, Aramco said in a statement. Quantum computers use the principles of […]

A Tadawul trader looks at prices on the Saudi stock exchange. Aramco's profits have fallen as Riyadh reduces oil output

Saudi listed companies report Q1 profit rise

Businesses listed on the Saudi stock exchange, excluding the state energy giant Aramco, reported an 8 percent rise in first-quarter profits this year, highlighting the continued strength of the non-oil sector as hydrocarbon output is cut.  Net profit gains in the banking sector, and for telecoms operator STC and state mining company Maaden, helped to […]

A jet on the assembly line at the Airbus factory in Blagnac, France. Saudia says it is updating the interiors of its current fleet

Saudia announces ‘largest deal in Saudi aviation history’

Saudia, one of Saudi Arabia’s national carriers, has ordered 105 aircraft from Airbus, with the first batch due for delivery in early 2026. Saudia director general Ibrahim Al-Omar told an aviation industry forum in Riyadh that it is “the largest deal in Saudi aviation history”. A similarly large order has been made by new carrier […]