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Qatar-US trade value up 46 per cent in H1

DOHA, August 21, 2016

The value of Qatar-US bilateral trade, in goods, during the first half of this year jumped to QR15.58 billion ($4.28 billion), a growth of over 46 per cent compared to QR10.66 billion ($2.93 billion) for the corresponding period last year, said a report.

The US trade surplus with Qatar (which represents the difference between exports and imports of goods) for the period has registered a triple-digit growth of 133 per cent reaching QR10.96 billion ($3.01 billion) from QR4.70 billion ($1.29 billion) for the same period last year, added the Peninsula Qatar report, citing data at the US Census Bureau.

The US exports to Qatar during the period (Jan-June 2016) stood at $3.65 billion (QR13.29 billion), showing a sharp increase of about 73 per cent against $2.11 billion (QR7.68 billion) recorded for the corresponding period last year, it said.

The value of US imports from Qatar during the period declined by 22.49 per cent to $636.3 million compared to $821 million registered during the same period last year, added the report.




Tags: | Trade | UP | value |

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