Qatar private sector exports up 100 percent in August 2021: QC – The Peninsula Qatar

Qatar private sector exports up 100 percent in August 2021: QC – The Peninsula Qatar

Doha: Qatar Chamber has issued its monthly economic newsletter for October which highlighted the most prominent trends in the Qatari economy, as well as statistics related to foreign trade and trade of private sector in August according to the certificates of origin issued by the Chamber.


The newsletter said that exports of the private sector in August as per certificates of origin issued by the Chamber stood at to QR 1.9 billion, showing a month-to-month increase of 10 percent compared to QR 1.7 billion in July, while on a year-to-year basis, it grew by over 100 percent compared to QR 929 million in August last year.


The newsletter, prepared by QCs Research and Studies Department, highlighted a report about exports of the private sector in August 2021.


This growth of private sector exports on a month-to-month base is attributed to the increase in exports through the General Model which grew by 44 percent from QR 918 million in July to QR 1.3 bn.


Similarly, exports through the GPS Model increased by 19 percent and exports through the Unified Model to Singapore amounted to QR 63 million.


On the other hand, exports through the Unified GCC Model amounted to QR 382.7 million, showing a decrease