Qatar’s private sector exports exceed QR 33 bn in 2022 – The Peninsula

Qatar’s private sector exports exceed QR 33 bn in 2022 – The Peninsula

Doha: The private sector exports value amounted to QR 33 bn in 2022, representing a 25 percent growth on an annualised basis compared to QR 26bn in 2021 and a 118 percent growth compared to QR 15bn in 2020, according to the Qatar Chamber’s quarterly report issued recently.

The report also showed that the total value of private sector exports during the fourth quarter (Q4) of 2022 amounted to QR7.01bn, showing a decrease of 9 percent on an annualised basis compared to the same period of the previous year which amounted to QR7.69bn.

The newsletter indicated that the decline was due to the decrease in the value of all models of certificate of origin, except for the GSP and the Unified GCC models, which showed an increase on an annualized basis.

As for the GSP model, the exports through this model are estimated at QR795 mn, showing an increase of 159.5 percent on an annual basis compared with QR 306m.

Exports through the Unified GCC model which estimated at QR1.4bn, recording an increase of 5.4 percent compared to QR 1.32bn on an annual basis in Q4/2021.

On the other hand, exports through the Unified Arab model amounted to QR145 mn, showing a decrease by 46.7