Mubasher: Qatar’s trade surplus with Japan surged 74.9% year-on-year in August, according to the Japanese Ministry of Finance's (MoF) monthly bulletin released on Wednesday.
Trade surplus between the two countries amounted to JPY 138.72 billion ($1.24 billion) in August, compared to JPY 79.30 billion ($708.41 million) in the same month a year earlier.
The ministry attributed the increase in trade surplus to the rise in Qatar’s exports to Japan by 69.8% to JPY 154.57 billion ($1.38 billion) last month, from JPY 91.02 billion ($813.111 million) in August 2017.
Meanwhile, Qatar’s total imports from the Asian nation levelled up 35.3% year-on-year to JPY 15.85 billion ($141.59 million) in August, the data showed.
For the first half of 2018, the trade surplus between Qatar and Japan hiked 28.8% to JPY 711 billion, compared to JPY 552.1 billion in the same period of the prior year.
