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Qatar imports, exports plunge as Arab boycott continues
Dubai - In May, before the boycott, imports fell just 0.3 per cent year on year.
Imports shrank 40 per cent year-on-year and 37.9 per cent from the previous month to 5.87 billion riyals ($1.61 billion), Ministry of Development, Planning and Statistics figures showed.
In May, before the boycott, imports fell just 0.3 per cent year on year.
Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport ties with Qatar on June 5, accusing Doha of supporting terrorism, which it denies.
The closure of the Saudi border, over which much of Qatar's imports of food, dairy products and construction materials came, as well as a halt to shipping services from the UAE, delayed shipments for some days as Doha arranged other routes through centres such as Oman.
Exports of petroleum oils including crude oil fell 22.4 per cent after rising 8.3 per cent in May. Non-petroleum exports fell 15.1 per cent.
Among exports hit by the sanctions were helium, which used to be shipped overland across the Saudi border. Qatar is one of the world's top producers of the gas.
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