Flag Qatar

Econ Complexity (2018): 0.042, Rank 62 of 137

Product Exports (2018): $69B, Rank 45 of 222

Exports Per Capita (2018): $24.8k, Rank 57 of 219

Product Imports (2018): $34.7B, Rank 63 of 221

Imports Per Capita (2018): $12.5k, Rank 61 of 219

Service Exports (2018): $18.3B, Rank 23 of 88

Service Imports (2018): $29.7B, Rank 19 of 88

GDP (2018): $191B, CURRENT US$
Rank 52 of 196

GDP growth (2008 - 2018): 66%, CURRENT US$
Rank 61 of 196

GDP PC (2018): $68,794, CURRENT US$
Rank 8 of 196

GDP PC GROWTH (2008 - 2018): -14.3%, CURRENT US$
Rank 174 of 196

Overview: This page contains the latest international trade data for Qatar, including service trade data. In 2018 Qatar was the number 52 economy in the world in terms of GDP (current US$), the number 45 in total exports, the number 63 in total imports, and the number 62 most complex economy according to the Economic Complexity Index (ECI). In 2018, Qatar exported $69B and imported $34.7B, resulting in a positive trade balance of $34.3B. In 2018, Qatar's exports per capita were $24.8k and its imports per capita were $12.5k.

Trade: The top exports of Qatar are Petroleum Gas ($31B), Crude Petroleum ($17.7B), Refined Petroleum ($10.1B), Ethylene Polymers ($2.27B), and Raw Aluminium ($1.31B). The top imports of Qatar are Planes, Helicopters, and/or Spacecraft ($4.49B), Cars ($1.68B), Gas Turbines ($1.56B), Jewellery ($1.41B), and Refined Petroleum ($591M).

Destinations: Qatar exports mostly to South Korea ($12.5B), India ($9.65B), Japan ($8.68B), China ($8.65B), and Singapore ($5.84B), and imports mostly from United States ($5.09B), France ($3.61B), United Kingdom ($3.06B), China ($2.98B), and India ($1.83B).

Location: Qatar borders Saudi Arabia by land and Bahrain, Iran, and United Arab Emirates by sea.

Yearly Exports

#permalink to section
Value
Depth

Top Export (2018): Petroleum Gas, $31B

Top Destination (2018): South Korea, $12.5B

In 2018 Qatar exported a total of $69B, making it the number 45 exporter in the world. During the last five reported years the exports of Qatar have changed by -$61.7B from $131B in 2013 to $69B in 2018.

The most recent exports are led by Petroleum Gas ($31B), Crude Petroleum ($17.7B), Refined Petroleum ($10.1B), Ethylene Polymers ($2.27B), and Raw Aluminium ($1.31B). The most common destination for the exports of Qatar are South Korea ($12.5B), India ($9.65B), Japan ($8.68B), China ($8.65B), and Singapore ($5.84B).

Explore Visualizations

Yearly Imports

#permalink to section
Value
Depth

Top Import (2018): Planes, Helicopters, and/or Spacecraft, $4.49B

Top Origin (2018): United States, $5.09B

In 2018 Qatar imported $34.7B, making it the number 63 trade destination in the world. During the last five reported years the imports of Qatar changed by $7.48B from $27.3B in 2013 to $34.7B in 2018.

The most recent imports of Qatar are led by Planes, Helicopters, and/or Spacecraft ($4.49B), Cars ($1.68B), Gas Turbines ($1.56B), Jewellery ($1.41B), and Refined Petroleum ($591M). The most common import partners for Qatar are United States ($5.09B), France ($3.61B), United Kingdom ($3.06B), China ($2.98B), and India ($1.83B).

Explore Visualizations

Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Qatar Exports Services (2018): $18.3B

Qatar Imports Services (2018): $29.7B

In 2018, Qatar exported $18.3B worth of services. The top services exported by Qatar in 2018 were Transportation ($10.1B), Travel ($5.57B), Communications services ($782M), Insurance services ($711M), and Personal, cultural, and recreational services ($661M).

The top services imported by Qatar in 2018 were Transportation ($11.4B), Travel ($9.27B), Insurance services ($3.16B), Communications services ($2.41B), and Government services, n.i.e. ($1.77B).

Trade Forecasts

#permalink to section

This section shows forecasts for total product exports and imports for Qatar. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity Ranking

#permalink to section
Scale

During the last 12 years Qatar's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨58th to the 62nd⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

Most Specialized Products by RCA Index

#permalink to section

Qatar has a high level of specialization in Sulfuric Acid (52.1), Tug Boats (31.1), Petroleum Gas (27.6), Sulphur (19.6), and Alkylbenzenes and Alkylnaphthalenes (16.3). Specialization is measured using RCA, an index that takes the ratio between Qatar observed and expected exports in each product.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Qatar according to the product complexity index (PCI) are Halogenated derivatives of hydrocarbons (0.96), Bar and rod of iron or non-alloy steel nes (0.52), Acyclic hydrocarbons (0.43), Nickel waste or scrap (0.21), and Ether and derivatives (0.17). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Qatar according to the relatedness index, are Non-Petroleum Gas (0.045), Iron Ore (0.044), Uranium and Thorium Ore (0.043), Iron Reductions (0.043), and Petroleum Coke (0.042). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Qatar is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.