Qatar (QAT) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Qatar-Saudi Arabia Trade: In 2023, Qatar exported $358M to Saudi Arabia. The main products that Qatar exported to Saudi Arabia were Refined Petroleum ($209M), Sodium or Potassium Peroxides ($42.5M), and Other Animals ($19.1M). Over the past 7 years the exports of Qatar to Saudi Arabia have increased at an annualized rate of 1.64%, from $319M in 2016 to $358M in 2023.

In 2023, Qatar did not export any services to Saudi Arabia.

Saudi Arabia-Qatar Trade: In 2023, Saudi Arabia exported $1.05B to Qatar. The main products that Saudi Arabia exported to Qatar were Other Sea Vessels ($391M), Special Purpose Ships ($255M), and Cars ($132M). Over the past 7 years the exports of Saudi Arabia to Qatar have increased at an annualized rate of 135%, from $14.8M in 2016 to $1.05B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $358M to Saudi Arabia. The main products exported from Qatar to Saudi Arabia were Refined Petroleum ($209M), Sodium or Potassium Peroxides ($42.5M), and Other Animals ($19.1M). During the last 7 years the exports of Qatar to Saudi Arabia have increased at an annualized rate of 1.64%, from $319M in 2016 to $358M in 2023.

In 2018, Saudi Arabia exported $1.05B to Qatar. The main products exported from Saudi Arabia to Qatar were Other Sea Vessels ($391M), Special Purpose Ships ($255M), and Cars ($132M). During the last 5 years the exports of Saudi Arabia to Qatar have increased at an annualized rate of 135%, from $14.8M in 2023 to $1.05B in 2018.

Exports from Qatar () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Qatar () (2023)

Latest Data

Trade between Qatar () and Saudi Arabia ()

Qatar Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Qatar than Saudi Arabia included South Korea ($12.1B), Belgium ($5.29B), and Pakistan ($6.52B).

In 2023, countries that imported more from Saudi Arabia than Qatar included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Qatar () (2023)

Comparative Advantage Qatar - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Saudi Arabia in the exports of Mineral Products ($213M), Chemical Products ($69.5M), and Animal Products ($29M).

During 2018, Saudi Arabia had a large net trade with Qatar in the exports of Transportation ($786M), Chemical Products ($50.6M), and Plastics and Rubbers ($28.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Saudi Arabia+$159MRefined Petroleum

Top Product Potential Saudi Arabia Qatar+$21.1MRefined 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 Saudi Arabia. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Qatar () (2023)

Latest Data

Trade between Qatar () and Saudi Arabia ()

Qatar Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Qatar () (2023)

Comparative Advantage Qatar - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Saudi Arabia () (2023)

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