2022
Exports
$625MWorld Rnk 3 / 89
Flag Rnk 9 / 992
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$807kWorld Rnk 56 / 144
Flag Rnk 840 / 1171
2022
ECONOMIC COMPLEXITY of Qatar
-0.15Rnk 71 / 133

About

Exports In 2022, Qatar exported $625M in Iron Reductions, making it the 3rd largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 9th most exported product in Qatar. The main destination of Iron Reductions exports from Qatar are: Kuwait ($601M), India ($22.4M), Germany ($1.3M), Japan ($5.55k), and South Korea ($1.85k).

The fastest growing export markets for Iron Reductions of Qatar between 2021 and 2022 were Kuwait ($566M), India ($22.4M), and Japan ($5.55k).

Imports In 2022, Qatar imported $807k in Iron Reductions, becoming the 56th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 840th most imported product in Qatar. Qatar imports Iron Reductions primarily from: India ($577k), China ($108k), Turkey ($95.1k), Jordan ($24k), and United Arab Emirates ($3.66k).

The fastest growing import markets in Iron Reductions for Qatar between 2021 and 2022 were India ($577k), China ($108k), and Turkey ($95.1k).

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 Iron Reductions. 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)$625M
IMPORTS (2022)$807k
NET TRADE (2022)$624M

In 2022, Qatar exported $625M in Iron Reductions. The main destinations of Qatar exports on Iron Reductions were Kuwait ($601M), India ($22.4M), Germany ($1.3M), Japan ($5.55k), and South Korea ($1.85k).

In 2022, Qatar imported $807k in Iron Reductions, mainly from India ($577k), China ($108k), Turkey ($95.1k), Jordan ($24k), and United Arab Emirates ($3.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Qatar WERE (2021 - 2022):
Kuwait$566M (1.6k%)
India$22.4M (1%)
Japan$5.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Qatar WERE (2021 - 2022):Germany-$17.2M (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Qatar's main exporting competitors in Iron Reductions were:
In 2022, Qatar's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.65M
TOP IMPORT POTENTIALIndia+ $183k

Iron Reductions’s highest export potential is Germany. With an export gap of $1.65M.   Iron Reductions’s highest import potential is India with an import gap of $183k.

See methodology.

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