Qatar (QAT) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Qatar-Thailand Trade: In 2023, Qatar exported $3.36B to Thailand. The main products that Qatar exported to Thailand were Petroleum Gas ($2.28B), Crude Petroleum ($347M), and Refined Petroleum ($302M). Over the past 5 years the exports of Qatar to Thailand have decreased at an annualized rate of 0.97%, from $3.53B in 2018 to $3.36B in 2023.

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

Thailand-Qatar Trade: In 2023, Thailand exported $369M to Qatar. The main products that Thailand exported to Qatar were Jewellery ($72.4M), Cars ($36.1M), and Air Conditioners ($34M). Over the past 5 years the exports of Thailand to Qatar have decreased at an annualized rate of 2.27%, from $414M in 2018 to $369M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $3.36B to Thailand. The main products exported from Qatar to Thailand were Petroleum Gas ($2.28B), Crude Petroleum ($347M), and Refined Petroleum ($302M). During the last 5 years the exports of Qatar to Thailand have decreased at an annualized rate of 0.97%, from $3.53B in 2018 to $3.36B in 2023.

In 2018, Thailand exported $369M to Qatar. The main products exported from Thailand to Qatar were Jewellery ($72.4M), Cars ($36.1M), and Air Conditioners ($34M). During the last 5 years the exports of Thailand to Qatar have decreased at an annualized rate of 2.27%, from $414M in 2023 to $369M in 2018.

Exports from Qatar () to Thailand () (2023)

Exports from Thailand () to Qatar () (2023)

Latest Data

Trade between Qatar () and Thailand ()

Qatar Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than Qatar included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Qatar - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Thailand in the exports of Mineral Products ($2.93B), Chemical Products ($269M), and Metals ($120M).

During 2018, Thailand had a large net trade with Qatar in the exports of Precious Metals ($76.8M), Transportation ($76M), and Machines ($73.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Thailand+$229MCrude Petroleum

Top Product Potential Thailand Qatar+$23.9MCars

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 Thailand. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Thailand () (2023)

Exports from Thailand () to Qatar () (2023)

Latest Data

Trade between Qatar () and Thailand ()

Qatar Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Qatar - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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