Qatar’s trade surplus up 85% year-on-year in Q3 as gas exports soar

On November 19, local time, Qatar National Bureau of Statistics released data showing that, benefiting from the strong growth of exports of natural gas, oil and related chemical products, Qatar’s total exports reached QAR 138.8 billion in the third quarter of this year, and total imports of QAR 31.5 billion, with a trade surplus of QAR 107.3 billion, an increase of 85% year-on-year. Since this year, the situation in Ukraine continues to be tense and international oil and gas prices are running at high levels, Qatar’s export volume has maintained a high growth rate.