Qatar (QAT) and South Korea (KOR) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

Qatar Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

SectionYear

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

Flow

Scale

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Qatar Exports

South Korea Exports

Market Competitiveness

Comparative Advantage Qatar - South Korea

Economic Complexity

Competitive Landscape

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