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FinancialNews


  • 29-05-19

    60 percent surge in trade between Qatar, U.S.

    (MENAFN) Bilateral trade between Qatar and the United States registered a 60 percent surge from January to March 2019, as the two countries work to strengthen their economic collaboration.

    During the first quarter of this year, U.S. exports to Qatar stood at USD1.196 billion with its imports to the GCC nation reaching USD708.1 million.

    Meanwhile, U.S. trade surplus hit USD488.1 million during the three-month period, marking a jump by more than 46 percent.

    Last year, U.S. trade surplus with Qatar witnessed a 49 percent boost to USD2.85 billion to reflect strong joint economic performance.

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