Qatar (QAT) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Qatar-Singapore Trade: In 2023, Qatar exported $5.7B to Singapore. The main products that Qatar exported to Singapore were Crude Petroleum ($3.49B), Refined Petroleum ($1.23B), and Petroleum Gas ($609M). Over the past 5 years the exports of Qatar to Singapore have decreased at an annualized rate of 3.51%, from $6.82B in 2018 to $5.7B in 2023.

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

Singapore-Qatar Trade: In 2023, Singapore exported $661M to Qatar. The main products that Singapore exported to Qatar were Jewellery ($251M), Aircraft parts (gliders, balloons, and powered aircraft) ($53.3M), and Trunks and Cases ($30.8M). Over the past 5 years the exports of Singapore to Qatar have increased at an annualized rate of 1.58%, from $611M in 2018 to $661M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $5.7B to Singapore. The main products exported from Qatar to Singapore were Crude Petroleum ($3.49B), Refined Petroleum ($1.23B), and Petroleum Gas ($609M). During the last 5 years the exports of Qatar to Singapore have decreased at an annualized rate of 3.51%, from $6.82B in 2018 to $5.7B in 2023.

In 2018, Singapore exported $661M to Qatar. The main products exported from Singapore to Qatar were Jewellery ($251M), Aircraft parts (gliders, balloons, and powered aircraft) ($53.3M), and Trunks and Cases ($30.8M). During the last 5 years the exports of Singapore to Qatar have increased at an annualized rate of 1.58%, from $611M in 2023 to $661M in 2018.

Exports from Qatar () to Singapore () (2023)

Exports from Singapore () to Qatar () (2023)

Latest Data

Trade between Qatar () and Singapore ()

Qatar Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Qatar than Singapore included India ($12.9B), Italy ($6.41B), and Pakistan ($6.52B).

In 2023, countries that imported more from Singapore than Qatar included Hong Kong ($44.5B), United States ($32.9B), and Malaysia ($31.4B).

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

Comparative Advantage Qatar - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Singapore in the exports of Mineral Products ($5.42B), Chemical Products ($175M), and Metals ($80.9M).

During 2018, Singapore had a large net trade with Qatar in the exports of Precious Metals ($267M), Machines ($128M), and Transportation ($62.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Singapore+$256MRefined Petroleum

Top Product Potential Singapore Qatar+$13.2MRefined 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 Singapore. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Singapore () (2023)

Exports from Singapore () to Qatar () (2023)

Latest Data

Trade between Qatar () and Singapore ()

Qatar Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Qatar - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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