Private sector exports exceed QR26bn in 9 months: QC – The Peninsula

Private sector exports exceed QR26bn in 9 months: QC – The Peninsula

Doha: The private sector exports value during the third quarter of 2022 (July-September) amounted to QR9.38bn, representing a 58 percent growth on an annualised basis compared to QR5.96bn in the same period last year and by 5.2 percent on a quarterly basis compared to QR8.92bn in Q2 of the same year, according to the Qatar Chamber’s (QC) quarterly report issued recently.

The report showed that the growth of private sector exports from QR7.7bn in Q1, QR8.9bn in Q2 to QR9.38 in Q3 clearly confirms the ongoing improvement of the private sector’s performance and its ability to return to its levels before the pandemic, noting that the total value of private sector exports in nine months exceeded QR26bn, an increase of 24.4 percent compared to QR20.9bn in the same period last year.

The newsletter also said according to the type of certificate of origin issued by the Chamber, on an annualized basis the value of exports through the General model which amounted to QR5.71bn grew by 61 percent, the Unified GCC model which are estimated at QR 2.31bn grew by 43.1 percent, the GSP model amounted to QR877m recorded an increase of 112 percent, while exports through the Unified Arab model which amounted