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2022
Flag → Flag
Exports $1.11BRnk 51 / 221
2022
Flag → Flag
Top Product $243MGas Turbines
2022
Flag → Flag
Exports $1.26BRnk 7 / 139
2022
Flag → Flag
Top Product $5.18BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI -0.15Rnk 71 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$237BCURRENT US$
Rnk 52 / 186
2012-2022
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GDP GROWTH27%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$88,046CURRENT US$
Rnk 6 / 186
2012-2022
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GDP PC GROWTH-10.2%CURRENT US$
Rnk 163 / 186

About

Italy-Qatar Trade: In 2022, Italy exported $1.11B to Qatar. The main products that Italy exported to Qatar were Gas Turbines ($243M), Navigation Equipment ($87M), and Other Furniture ($82.5M). Over the past 5 years the exports of Italy to Qatar have increased at an annualized rate of 22.1%, from $410M in 2017 to $1.11B in 2022.

In 2022, Italy did not export any services to Qatar.

Qatar-Italy Trade: In 2022, Qatar exported $1.26B to Italy. The main products that Qatar exported to Italy were Petroleum Gas ($5.18B), Ethylene Polymers ($121M), and Nitrogen Heterocyclic Compounds ($27.1M). Over the past 5 years the exports of Qatar to Italy have increased at an annualized rate of 210%,  from $4.4M in 2017 to $1.26B in 2022.

In 2022, Qatar did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €124M and imported €160M from Qatar, resulting in a negative trade balance of €36M. Between March 2023 and March 2024 the exports of Italy have increased by €42.9M (52.9%) from €81.1M to €124M, while imports decreased by €-206M (-56.3%) from €366M to €160M.

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)€42.9M(52.9%)
IMPORT GROWTH (March 2023 - March 2024)€-206M(-56.3%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Qatar and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Qatar and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $1.11B to Qatar. The main products exported from Italy to Qatar were Gas Turbines ($243M), Navigation Equipment ($87M), and Other Furniture ($82.5M). During the last 5 years the exports of Italy to Qatar have increased at an annualized rate of 22.1%, from $410M in 2017 to $1.11B in 2022.

In 2017, Qatar exported $1.26B to Italy. The main products exported from Qatar to Italy were Petroleum Gas ($5.18B), Ethylene Polymers ($121M), and Nitrogen Heterocyclic Compounds ($27.1M). During the last 22 years the exports of Qatar to Italy have increased at an annualized rate of 210%, from $4.4M in 1995 to $1.26B in 2017.

Exports from Italy (Flag) to Qatar (Flag) (2022)

Exports from Qatar (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Qatar
Top DestinationChina$21.1B

This map shows whether countries import more from Italy or Qatar. Each country is colored based on the difference in imports they receive from Italy and Qatar or the difference in the growth in imports.

In 2022, countries that imported more from Italy than Qatar included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Qatar than Italy included India ($17.4B), China ($21.1B), and Japan ($12B).

Difference in imports from Qatar (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Qatar

Flow
Scale

This chart compares trade between Italy and Qatar by product, considering products traded by both, Italy and Qatar.

During 2022, Italy had a large net trade with Qatar in the exports of Machines ($949M), Miscellaneous ($197M), and Metals ($91.4M).

During 2017, Qatar had a large net trade with Italy in the exports of Mineral Products ($5.18B), Plastics and Rubbers ($123M), and Chemical Products ($57.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Qatar+$30.5MCars
Top Product Potential Qatar Italy+$26.8MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Qatar. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Qatar. Similarly, a dot/product with the flag of Qatar indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Qatar (Flag) (2022)

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