Private sector exports up 58% – The Peninsula

Private sector exports up 58% – The Peninsula

Doha: The total value of private sector exports (according to the certificate of origin issued by the Qatar Chamber) during the third quarter (Q3) of 2022 amounted to QR3.38bn, showing an increase of 58 percent on an annualised basis compared to the same period of the previous year which amounted to QR5.96bn, the Private Sector Exports Quarterly report of the Qatar Chamber noted.

On a quarterly basis, private sector exports has surged five percent compared to QR8.92bn in Q2 of the same year. Private sector exports had continued to grow from Q3 of 2021 till Q3 this year which confirms the ongoing improvement of the private sector’s performance and its ability to return to its pre-pandemic levels, the report stated.

Exports of the private sector during Q3/2022 according to the type of certificates of origin issued by the Chamber through The General model amounted to QR5.71 bn, an increase of 61 percent y-on-y during Q3 of 2021 which amounted to QR3.54bn, and by 10.1 percent on a quarterly basis in Q2/2022 which amounted to QR5.190bn. They are followed by exports through the Unified GCC model which are estimated at QR 2.31 bn, recording an increase of 43.1 percent compared to QR1.6bn on