Qatar-Philippines trade for 9M 2021 stands at $179.02mn

Qatar-Philippines trade for 9M 2021 stands at $179.02mn

Bilateral merchandise trade between Qatar and the Philippines in the first nine months of 2021 stood at $179.02mn, according to the Department of Trade and Industry (DTI) in the Philippines.

Based on Philippine Statistics Authority (PSA) data as cited and processed by the Export Marketing Bureau (EMB), the DTI also recorded an upward trajectory in Qatar-Philippines bilateral trade from $214.02mn in 2019 to $232.89mn in 2020.

In a statement to Gulf Times Friday, the DTI noted that the Philippines’ total exports to Qatar in 2020 amounted to $45.19mn.

The top Philippine commodity exports to Qatar in 2020 include bananas, including plantains, fresh or dried, which amounted to $13.86mn or a 30.66% share of the total exports. Also included are “other bread, pastry, cakes, biscuits and other baker’s wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, and rice paper and similar products," amounting to $6.02mn or a 13.32% share of the total exports.

This was followed by “other sauces and preparations thereof; mixed condiments and mixed seasonings; mustard flour and meal and prepared mustard" ($2.97mn, 6.57% share), as well as “other pasta, whether or not prepared” ($1.52mn, 3.36%) and “other parts of seats, of