2023
Exports
$19.7BWorld Rnk 18 / 150
Flag Rnk 2 / 1000
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$354MWorld Rnk 66 / 159
Flag Rnk 19 / 1173
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $19.7B in Crude Petroleum, making it the 18th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most exported product in Qatar. The main destination of Crude Petroleum exports from Qatar are: China ($6.35B), Singapore ($3.49B), Japan ($3.41B), United Arab Emirates ($1.31B), and India ($1.27B).

The fastest growing export markets for Crude Petroleum of Qatar between 2022 and 2023 were China ($707M), Chinese Taipei ($292M), and Burma ($227M).

Imports In 2023, Qatar imported $354M in Crude Petroleum, becoming the 66th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 19th most imported product in Qatar. Qatar imports Crude Petroleum primarily from: Kuwait ($182M), Oman ($111M), India ($30.8M), Netherlands ($6.82M), and Belgium ($6.71M).

The fastest growing import markets in Crude Petroleum for Qatar between 2022 and 2023 were Kuwait ($182M), India ($30.8M), and Oman ($12.6M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$19.7B
IMPORTS (2023)$354M
NET TRADE (2023)$19.4B

In 2023, Qatar exported $19.7B in Crude Petroleum. The main destinations of Qatar exports on Crude Petroleum were China ($6.35B), Singapore ($3.49B), Japan ($3.41B), United Arab Emirates ($1.31B), and India ($1.27B).

In 2023, Qatar imported $354M in Crude Petroleum, mainly from Kuwait ($182M), Oman ($111M), India ($30.8M), Netherlands ($6.82M), and Belgium ($6.71M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
China$707M (12.5%)
Chinese Taipei$292M (91.7%)
Burma$227M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Qatar WERE (2022 - 2023):
South Korea-$3.71B (-77.6%)
Japan-$2.72B (-44.4%)
Thailand-$833M (-70.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Qatar's main exporting competitors in Crude Petroleum were:
In 2023, Qatar's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.43B
TOP IMPORT POTENTIALUnited Arab Emirates+ $67.2k

Crude Petroleum’s highest export potential is China. With an export gap of $2.43B.   Crude Petroleum’s highest import potential is United Arab Emirates with an import gap of $67.2k.

See methodology.

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