Qatar (QAT) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Qatar-Italy Trade: In 2023, Qatar exported $6.41B to Italy. The main products that Qatar exported to Italy were Petroleum Gas ($6.18B), Ethylene Polymers ($111M), and Nitrogen Heterocyclic Compounds ($23.2M). Over the past 5 years the exports of Qatar to Italy have increased at an annualized rate of 28.6%, from $1.82B in 2018 to $6.41B in 2023.

In 2023, Qatar did not export any services to Italy.

Italy-Qatar Trade: In 2023, Italy exported $1.79B to Qatar. The main products that Italy exported to Qatar were Gas Turbines ($262M), Valves ($115M), and Air Pumps ($97.4M). Over the past 5 years the exports of Italy to Qatar have increased at an annualized rate of 5.2%, from $1.39B in 2018 to $1.79B in 2023.

In 2023, Italy did not export any services to Qatar.

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $6.41B to Italy. The main products exported from Qatar to Italy were Petroleum Gas ($6.18B), Ethylene Polymers ($111M), and Nitrogen Heterocyclic Compounds ($23.2M). During the last 5 years the exports of Qatar to Italy have increased at an annualized rate of 28.6%, from $1.82B in 2018 to $6.41B in 2023.

In 2018, Italy exported $1.79B to Qatar. The main products exported from Italy to Qatar were Gas Turbines ($262M), Valves ($115M), and Air Pumps ($97.4M). During the last 5 years the exports of Italy to Qatar have increased at an annualized rate of 5.2%, from $1.39B in 2023 to $1.79B in 2018.

Exports from Qatar () to Italy () (2023)

Exports from Italy () to Qatar () (2023)

Latest Data

Trade between Qatar () and Italy ()

Qatar Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Qatar than Italy included India ($12.9B), Pakistan ($6.52B), and South Korea ($12.1B).

In 2023, countries that imported more from Italy than Qatar included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy () and Qatar () (2023)

Comparative Advantage Qatar - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Italy in the exports of Mineral Products ($6.2B), Plastics and Rubbers ($113M), and Chemical Products ($56.9M).

During 2018, Italy had a large net trade with Qatar in the exports of Machines ($868M), Metals ($112M), and Chemical Products ($107M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Italy+$26.8MEthylene Polymers

Top Product Potential Italy Qatar+$30.5MCars

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 Italy. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Qatar.

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Italy () (2023)

Exports from Italy () to Qatar () (2023)

Latest Data

Trade between Qatar () and Italy ()

Qatar Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Qatar () (2023)

Comparative Advantage Qatar - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Italy () (2023)

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