Qatar (QAT) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Qatar-Spain Trade: In 2022, Qatar exported $852M to Spain. The main products that Qatar exported to Spain were Petroleum Gas ($672M), Ethylene Polymers ($95.3M), and Refined Petroleum ($28.7M). Over the past 5 years the exports of Qatar to Spain have increased at an annualized rate of 0.98%, from $811M in 2017 to $852M in 2022.

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

Spain-Qatar Trade: In 2022, Spain exported $523M to Qatar. The main products that Spain exported to Qatar were Vaccines, blood, antisera, toxins and cultures ($79.3M), Unglazed Ceramics ($21.9M), and Other Furniture ($21M). Over the past 5 years the exports of Spain to Qatar have increased at an annualized rate of 0.24%, from $517M in 2017 to $523M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Qatar exported $852M to Spain. The main products exported from Qatar to Spain were Petroleum Gas ($672M), Ethylene Polymers ($95.3M), and Refined Petroleum ($28.7M). During the last 5 years the exports of Qatar to Spain have increased at an annualized rate of 0.98%, from $811M in 2017 to $852M in 2022.

In 2017, Spain exported $523M to Qatar. The main products exported from Spain to Qatar were Vaccines, blood, antisera, toxins and cultures ($79.3M), Unglazed Ceramics ($21.9M), and Other Furniture ($21M). During the last 5 years the exports of Spain to Qatar have increased at an annualized rate of 0.24%, from $517M in 2022 to $523M in 2017.

Exports from Qatar () to Spain () (2022)

Exports from Spain () to Qatar () (2022)

Latest Data

Trade between Qatar () and Spain ()

Qatar Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Qatar than Spain included India ($17.4B), China ($21.1B), and South Korea ($10.6B).

In 2022, countries that imported more from Spain than Qatar included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Qatar () (2022)

Comparative Advantage Qatar - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Spain in the exports of Mineral Products ($701M), Plastics and Rubbers ($103M), and Chemical Products ($33.1M).

During 2017, Spain had a large net trade with Qatar in the exports of Chemical Products ($110M), Machines ($83.8M), and Textiles ($77.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Spain+$227MPetroleum Gas

Top Product Potential Spain Qatar+$18.7MCars

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Spain () (2022)

Exports from Spain () to Qatar () (2022)

Latest Data

Trade between Qatar () and Spain ()

Qatar Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Qatar () (2022)

Comparative Advantage Qatar - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Spain () (2022)

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