Qatar's private sector exports surge 6pc to $685m


FE Team | Published: June 10, 2024 23:57:48


Qatar's private sector exports surge 6pc to $685m

RIYADH, June 10 (Arab News): Qatar's private sector saw a 6 per cent increase in its exports in the first quarter of 2024, according to the country's Chamber of Commerce and Industry.
The nation's news agency reported that foreign sales reached 2.53 billion Qatari riyals ($684.9 million), up from 2.39 billion riyals in the last three months of 2023.
The chamber highlighted that the value of exports beyond the Gulf Cooperation Council and Arab region rose by 12 per cent from 1.79 billion riyals to 2 billion riyals.
Across the GCC, there was a 10 per cent increase from to 438 million riyals, whereas the Arab region saw a fall of 54 per cent to 92.9 million riyals.
When comparing export values by commodity type to the last quarter of 2023, fuel product exports rose 8.6 per cent to around 528 million riyals.
Aluminum and its products saw a 10.5 per cent decrease to 438 million riyals.

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