2023
Exports
$15.4kWorld Rnk 75 / 107
Flag Rnk 721 / 1000
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$609kWorld Rnk 61 / 175
Flag Rnk 840 / 1173
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $15.4k in Iron Ingots, making it the 75th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 721st most exported product in Qatar. The main destination of Iron Ingots exports from Qatar are: Bahrain ($14.1k) and Italy ($1.22k).

The fastest growing export markets for Iron Ingots of Qatar between 2022 and 2023 were Bahrain ($14.1k) and Italy ($1.22k).

Imports In 2023, Qatar imported $609k in Iron Ingots, becoming the 61st largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 840th most imported product in Qatar. Qatar imports Iron Ingots primarily from: Oman ($240k), Germany ($226k), China ($138k), United Arab Emirates ($4.34k), and Norway ($243).

The fastest growing import markets in Iron Ingots for Qatar between 2022 and 2023 were Oman ($240k), Germany ($226k), and Norway ($243).

Latest Trends

Dec 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 Iron Ingots. 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 (2023)$15.4k
IMPORTS (2023)$609k
NET TRADE (2023)-$593k

In 2023, Qatar exported $15.4k in Iron Ingots. The main destinations of Qatar exports on Iron Ingots were Bahrain ($14.1k) and Italy ($1.22k).

In 2023, Qatar imported $609k in Iron Ingots, mainly from Oman ($240k), Germany ($226k), China ($138k), United Arab Emirates ($4.34k), and Norway ($243).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
Bahrain$14.1k (1%)
Italy$1.22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Qatar WERE (2022 - 2023):
United Arab Emirates-$1.03k (-100%)
France-$193 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Qatar's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Qatar's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.08k
TOP IMPORT POTENTIALIndia+ $20k

Iron Ingots’s highest export potential is United Arab Emirates. With an export gap of $1.08k.   Iron Ingots’s highest import potential is India with an import gap of $20k.

See methodology.

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