Monday 20 May 2013
 
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trade surplus

Kuwait trade surplus hits record $75bn in 2012

Kuwait’s trade surplus reached an all-time high of KD25.9 billion ($74.5 billion) in 2012, surpassing the previously set record level of KD21.2 billion in 2011, a report said. The surplus, estimated at around 53 per cent of

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Kuwait Q2 trade surplus narrows on oil prices

After soaring to a record-high of KD7.3 billion ($25.8 billion) in the first quarter of the year, Kuwait’s trade surplus narrowed to KD 6.6 billion in the second quarter on lower oil export receipts and a rising imports bill, a report said

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Qatar trade surplus narrows to $26bn in Q2

Qatar foreign trade surplus narrowed to QR94.4 billion ($25.9 billion) in the second quarter of 2012 from QR102.1 billion in the previous three months, according to preliminary data from the Qatar Statistics Authority. The exports

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GCC trade surplus 'to hit $493bn in 2012-13

The GCC’s trade surplus will average around $493 billion in 2012-13 as the oil prices remain high, offset by import growth at around 3.5 per cent, said a report. This is slightly below the trade surplus levels of 2011 which is estimated at

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China’s Jan trade surplus soars as imports fall

Customs data on Friday showed China's imports sank 15.3 per cent in January versus January 2011 -- the lowest since August 2009 -- while exports fell 0.5 per cent over the same period, the worst showing since November 2009. It left Ch

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China trade surplus narrows in 2011

China's 2011 trade surplus shrank slightly to $160 billion last year, Chinese Commerce Minister Chen Deming said on Thursday, giving grist to Beijing's vows to boost imports and balance the nation's trade. The country had a tr

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EU trade surplus hits $1.4bn as exports rise

The euro zone had a slightly higher than expected trade surplus in October, non-adjusted data showed on Friday, but the bloc's performance was substantially weaker than a year ago. European Union statistics office Eurostat said the sur

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China trade momentum softens in face of global woes

China's trade surplus narrowed for a second straight month in September, as both imports and exports were lower than expected, reflecting global economic weakness and domestic cooling. The trade data on Thursday prompted the deputy chief o

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China trade surplus shrinks to $18bn

China's trade surplus fell sharply in August to $17.8 billion from $31.5 billion in July as exports pulled back from a record high and imports jumped, indicating that the Asian giant was feeling the pinch from weaker global growth.

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Kuwait trade surplus soars to $38.8bn in 2010

Kuwait's current account surplus rebounded in 2010 as the effects of the financial crisis waned and hit KD10.6 billion ($38.84 billion), an increase of KD3.1 billion from 2009, a report said. Revenue from oil exports – the major contributo

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