2022
Exports
$14.9BWorld Rnk 20 / 214
Flag Rnk 3 / 992
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$476MWorld Rnk 138 / 225
Flag Rnk 11 / 1171
2022
ECONOMIC COMPLEXITY of Qatar
-0.15Rnk 71 / 133

About

Exports In 2022, Qatar exported $14.9B in Refined Petroleum, making it the 20th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Qatar. The main destination of Refined Petroleum exports from Qatar are: China ($2.98B), Japan ($2.49B), South Korea ($2.13B), United States ($1.65B), and Oman ($1.14B).

The fastest growing export markets for Refined Petroleum of Qatar between 2021 and 2022 were United States ($1.04B), China ($965M), and South Korea ($916M).

Imports In 2022, Qatar imported $476M in Refined Petroleum, becoming the 138th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most imported product in Qatar. Qatar imports Refined Petroleum primarily from: India ($215M), Singapore ($38.1M), Oman ($27.6M), Portugal ($27M), and Switzerland ($25.1M).

The fastest growing import markets in Refined Petroleum for Qatar between 2021 and 2022 were India ($129M), Portugal ($27M), and Switzerland ($19.3M).

Latest Trends

Sep 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 Refined 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)$14.9B
IMPORTS (2022)$476M
NET TRADE (2022)$14.4B

In 2022, Qatar exported $14.9B in Refined Petroleum. The main destinations of Qatar exports on Refined Petroleum were China ($2.98B), Japan ($2.49B), South Korea ($2.13B), United States ($1.65B), and Oman ($1.14B).

In 2022, Qatar imported $476M in Refined Petroleum, mainly from India ($215M), Singapore ($38.1M), Oman ($27.6M), Portugal ($27M), and Switzerland ($25.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Qatar WERE (2021 - 2022):
United States$1.04B (171%)
China$965M (47.8%)
South Korea$916M (75.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Qatar WERE (2021 - 2022):
Singapore-$480M (-62.3%)
Netherlands-$232M (-77.7%)
Thailand-$150M (-30.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $545M
TOP IMPORT POTENTIALIndia+ $82.5M

Refined Petroleum’s highest export potential is United Arab Emirates. With an export gap of $545M.   Refined Petroleum’s highest import potential is India with an import gap of $82.5M.

See methodology.

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