Qatar (QAT) and India (IND) Trade | The Observatory of Economic Complexity

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Qatar-India Trade: In 2023, Qatar exported $12.9B to India. The main products that Qatar exported to India were Petroleum Gas ($9.71B), Crude Petroleum ($1.27B), and Refined Petroleum ($526M). Over the past 5 years the exports of Qatar to India have increased at an annualized rate of 4.08%, from $10.6B in 2018 to $12.9B in 2023.

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

India-Qatar Trade: In 2023, India exported $1.82B to Qatar. The main products that India exported to Qatar were Rice ($154M), Jewellery ($127M), and Cars ($94.4M). Over the past 5 years the exports of India to Qatar have decreased at an annualized rate of 1.28%, from $1.99B in 2018 to $1.82B in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $12.9B to India. The main products exported from Qatar to India were Petroleum Gas ($9.71B), Crude Petroleum ($1.27B), and Refined Petroleum ($526M). During the last 5 years the exports of Qatar to India have increased at an annualized rate of 4.08%, from $10.6B in 2018 to $12.9B in 2023.

In 2018, India exported $1.82B to Qatar. The main products exported from India to Qatar were Rice ($154M), Jewellery ($127M), and Cars ($94.4M). During the last 5 years the exports of India to Qatar have decreased at an annualized rate of 1.28%, from $1.99B in 2023 to $1.82B in 2018.

Exports from Qatar () to India () (2023)

Exports from India () to Qatar () (2023)

Latest Data

Trade between Qatar () and India ()

Qatar Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Qatar than India included Pakistan ($6.52B), South Korea ($12.1B), and Japan ($8.65B).

In 2023, countries that imported more from India than Qatar included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

Difference in imports from India () and Qatar () (2023)

Comparative Advantage Qatar - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Qatar and India by product, considering products traded by both, Qatar and India.

During 2023, Qatar had a large net trade with India in the exports of Mineral Products ($11.6B), Chemical Products ($768M), and Plastics and Rubbers ($341M).

During 2018, India had a large net trade with Qatar in the exports of Vegetable Products ($280M), Metals ($236M), and Machines ($223M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar India+$1.74BCrude Petroleum

Top Product Potential India Qatar+$82.5MRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to India () (2023)

Exports from India () to Qatar () (2023)

Latest Data

Trade between Qatar () and India ()

Qatar Exports

India Exports

Market Competitiveness

Difference in imports from India () and Qatar () (2023)

Comparative Advantage Qatar - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and India () (2023)

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