2022
Exports
$20.8BWorld Rnk 17 / 149
Flag Rnk 2 / 992
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$87.1MWorld Rnk 73 / 158
Flag Rnk 97 / 1171
2022
ECONOMIC COMPLEXITY of Qatar
-0.15Rnk 71 / 133

About

Exports In 2022, Qatar exported $20.8B in Crude Petroleum, making it the 17th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most exported product in Qatar. The main destination of Crude Petroleum exports from Qatar are: Japan ($6.46B), China ($4.59B), Singapore ($2.82B), India ($2.01B), and United Arab Emirates ($1.41B).

The fastest growing export markets for Crude Petroleum of Qatar between 2021 and 2022 were Japan ($2.1B), China ($2.07B), and India ($1.23B).

Imports In 2022, Qatar imported $87.1M in Crude Petroleum, becoming the 73rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 97th most imported product in Qatar. Qatar imports Crude Petroleum primarily from: Oman ($87.1M), Spain ($9.64k), France ($2.78k), and United Arab Emirates ($1.76k).

The fastest growing import markets in Crude Petroleum for Qatar between 2021 and 2022 were Oman ($87.1M), France ($2.78k), and United Arab Emirates ($1.76k).

Latest Trends

May 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.8B
IMPORTS (2022)$87.1M
NET TRADE (2022)$20.7B

In 2022, Qatar exported $20.8B in Crude Petroleum. The main destinations of Qatar exports on Crude Petroleum were Japan ($6.46B), China ($4.59B), Singapore ($2.82B), India ($2.01B), and United Arab Emirates ($1.41B).

In 2022, Qatar imported $87.1M in Crude Petroleum, mainly from Oman ($87.1M), Spain ($9.64k), France ($2.78k), and United Arab Emirates ($1.76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Qatar WERE (2021 - 2022):
Japan$2.1B (48.3%)
China$2.07B (82.1%)
India$1.23B (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Qatar WERE (2021 - 2022):
South Korea-$1.77B (-78.7%)
Singapore-$343M (-10.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Qatar's main exporting competitors in Crude Petroleum were:
In 2022, Qatar's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.43B
TOP IMPORT POTENTIALUnited Arab Emirates+ $67.2k

Crude Petroleum’s highest export potential is China. With an export gap of $2.43B.   Crude Petroleum’s highest import potential is United Arab Emirates with an import gap of $67.2k.

See methodology.

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