2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Italy-Qatar Trade: In 2023, Italy exported $1.79B to Qatar. The main products that Italy exported to Qatar were Gas Turbines ($262M), Valves ($115M), and Air Pumps ($97.4M). Over the past 5 years the exports of Italy to Qatar have increased at an annualized rate of 5.2%, from $1.39B in 2018 to $1.79B in 2023.

In 2023, Italy did not export any services to Qatar.

Qatar-Italy Trade: In 2023, Qatar exported $6.41B to Italy. The main products that Qatar exported to Italy were Petroleum Gas ($6.18B), Ethylene Polymers ($111M), and Nitrogen Heterocyclic Compounds ($23.2M). Over the past 5 years the exports of Qatar to Italy have increased at an annualized rate of 28.6%,  from $1.82B in 2018 to $6.41B in 2023.

In 2023, Qatar did not export any services to Italy.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Qatar
Top Destination
China$20.9B

This map shows whether countries import more from Italy or Qatar. Each country is colored based on the difference in imports they receive from Italy and Qatar or the difference in the growth in imports.

In 2023, countries that imported more from Italy than Qatar included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Qatar than Italy included India ($12.9B), Pakistan ($6.52B), and South Korea ($12.1B).

Difference in imports from Qatar (Flag) and Italy (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Qatar+$30.5MCars
Top Product Potential Qatar Italy+$26.8MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Qatar. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Qatar. Similarly, a dot/product with the flag of Qatar indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Qatar (Flag) (NaN)

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