Flag Qatar / South Korea Flag

2021
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Exports
: $9.31B, Rnk 4 / 143

2021
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Top Product
: $5.5B, Petroleum Gas

2021
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Exports
: $480M, Rnk 69 / 218

2021
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Top Product
: $79.7M, Cars

2021
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Economic Complexity (ECI)
: ECI -0.17, Rnk 70 / 131

2021
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Economic Complexity (ECI)
: ECI 1.82, Rnk 4 / 131

2021
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GDP
: $180B, CURRENT US$
Rnk 54 / 182

2011-2021
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GDP GROWTH
: 7.03%, CURRENT US$
Rnk 138 / 182

2021
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 GDP
: $1.8T, CURRENT US$
Rnk 10 / 182

2011-2021
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GDP GROWTH
: 43.5%, CURRENT US$
Rnk 64 / 182

2021
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GDP PC 
: $61,276, CURRENT US$
Rnk 10 / 182

2011-2021
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GDP PC GROWTH
: -25.6%, CURRENT US$
Rnk 167 / 182

2021
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GDP PC
: $34,758, CURRENT US$
Rnk 28 / 182

2011-2021
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GDP PC GROWTH
: 38.5%, CURRENT US$
Rnk 43 / 182

Qatar-South Korea In 2021, Qatar exported $9.31B to South Korea. The main products that Qatar exported to South Korea are Petroleum Gas ($5.5B), Crude Petroleum ($2.13B), and Refined Petroleum ($1.2B). During the last 26 years the exports of Qatar to South Korea have increased at an annualized rate of 15.9%, from $199M in 1995 to $9.31B in 2021.

In 2021, Qatar did not export any services to South Korea.

South Korea-Qatar In 2021, South Korea exported $480M to Qatar. The main products that South Korea exported to Qatar were Cars ($79.7M), Insulated Wire ($58.9M), and Large Construction Vehicles ($43.5M). During the last 26 years the exports of South Korea to Qatar have increased at an annualized rate of 9.21%, from $48.6M in 1995 to $480M in 2021.

In 2021, South Korea did not export any services to Qatar.

Comparison In 2021,  Qatar ranked 70 in the Economic Complexity Index (ECI -0.17), and 40 in total exports ($94.7B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Qatar exported $9.31B to South Korea. The main products exported from Qatar to South Korea were Petroleum Gas ($5.5B), Crude Petroleum ($2.13B), and Refined Petroleum ($1.2B). During the last 26 years the exports of Qatar to South Korea have increased at an annualized rate of 15.9%, from $199M in 1995 to $9.31B in 2021.

In 2021, South Korea exported $480M to Qatar. The main products exported from South Korea to Qatar were Cars ($79.7M), Insulated Wire ($58.9M), and Large Construction Vehicles ($43.5M). During the last 26 years the exports of South Korea to Qatar have increased at an annualized rate of 9.21%, from $48.6M in 1995 to $480M in 2021.

South Korea Exports

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Market Competitiveness

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Color

Qatar
Top Destination
: China, $12B

South Korea
Top Destination
: China, $158B

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

In 2021, countries that imported more from Qatar than South Korea were Pakistan ($4.8B), Kuwait ($1.56B), and Oman ($1.6B).

In 2021, countries that imported more from South Korea than Qatar were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

Comparative Advantage Qatar - South Korea

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Flow
Scale

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

During 2021, Qatar had a large net trade with South Korea in the exports of Mineral Products ($8.9B), Metals ($232M), and Chemical Products ($148M).

During 2021, South Korea had a large net trade with Qatar in the exports of Machines ($194M), Transportation ($85.9M), and Plastics and Rubbers ($48M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Qatar has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Qatar.