- Qatar’s private sector exports to Jordan increased by 6.2% in Q3 2024, reaching approximately $48 million compared to $45 million in Q3 2023.
- The total value of Qatari private sector exports in Q3 2024 was 2.56 billion Qatari riyals, based on certificates of origin issued by the Qatar Chamber.
- Asian countries (excluding GCC and Arab states) were the top export destinations, accounting for 40% of the total, followed by GCC countries (25.7%) and the EU (24.7%).
- Qatari private sector exports reached 101 countries during this period, showcasing extensive global trade reach.
Qatar’s private sector exports to Jordan experienced notable growth in the third quarter of 2024, reflecting the strengthening economic ties between the two nations. According to the Qatar Chamber’s quarterly report, the value of these exports reached approximately $48 million during this period, marking a 6.2% increase compared to $45 million in the same quarter of 2023.
The exports from Qatar to Jordan covered a diverse range of goods. Key items included organic fertilizers, iron rods, medical solutions, and various food and consumer products.
Additionally, the exports encompassed several chemical materials, such as motor oils, sulfonic acid, lutrine, aluminum molds, paraffin, polyethylene, and chemical fertilizers. Plastic bags were also part of the exported items, underscoring the variety of products shipped to Jordan.
The Qatar Chamber highlighted the broader performance of the private sector during Q3 2024. The total value of Qatari private sector exports reached an impressive 2.56 billion Qatari riyals, as recorded through certificates of origin issued by the chamber. This robust export activity reflects Qatar’s efforts to diversify its economy and strengthen its trade partnerships globally.
In terms of export destinations, Asian countries, excluding GCC and Arab states, ranked as the top importers, receiving goods worth 1 billion Qatari riyals, equivalent to 40% of the total exports. GCC countries followed closely, with imports amounting to 657.5 million Qatari riyals, accounting for 25.7% of the total.
European Union countries secured the third spot, importing goods valued at approximately 631.6 million Qatari riyals, representing 24.7% of the total export value.
Qatari private sector exports during this period reached 101 countries, showcasing the country’s growing global trade footprint. The rise in exports to Jordan, coupled with strong performance across various regions, underscores the resilience and adaptability of Qatar’s private sector in meeting international market demands.
This upward trend highlights Qatar’s commitment to fostering economic collaboration and expanding its export portfolio to diverse markets worldwide.