2023
Exports
$11.6MWorld Rnk 130 / 167
Flag Rnk 54 / 1000
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$291MWorld Rnk 38 / 174
Flag Rnk 22 / 1173
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $11.6M in Gold, making it the 130th largest exporter of Gold in the world. At the same year, Gold was the 54th most exported product in Qatar. The main destination of Gold exports from Qatar are: Turkey ($8.33M), Hong Kong ($2.11M), Bahrain ($1.16M), Kuwait ($1.25k), and Saudi Arabia ($869).

The fastest growing export markets for Gold of Qatar between 2022 and 2023 were Turkey ($8.25M), Hong Kong ($2.11M), and Bahrain ($132k).

Imports In 2023, Qatar imported $291M in Gold, becoming the 38th largest importer of Gold in the world. At the same year, Gold was the 22nd most imported product in Qatar. Qatar imports Gold primarily from: Switzerland ($119M), Hong Kong ($77.2M), South Africa ($36.1M), United Arab Emirates ($31.4M), and Singapore ($11.1M).

The fastest growing import markets in Gold for Qatar between 2022 and 2023 were Hong Kong ($75.8M), South Africa ($36.1M), and United Arab Emirates ($21.2M).

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 Gold. 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)$11.6M
IMPORTS (2023)$291M
NET TRADE (2023)-$280M

In 2023, Qatar exported $11.6M in Gold. The main destinations of Qatar exports on Gold were Turkey ($8.33M), Hong Kong ($2.11M), Bahrain ($1.16M), Kuwait ($1.25k), and Saudi Arabia ($869).

In 2023, Qatar imported $291M in Gold, mainly from Switzerland ($119M), Hong Kong ($77.2M), South Africa ($36.1M), United Arab Emirates ($31.4M), and Singapore ($11.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
Turkey$8.25M (9.95k%)
Hong Kong$2.11M (1%)
Bahrain$132k (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Qatar WERE (2022 - 2023):
Nepal-$90.9M (-100%)
United Arab Emirates-$2.7M (-100%)
India-$139k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $9.28M
TOP IMPORT POTENTIALSwitzerland+ $28.7M

Gold’s highest export potential is United Arab Emirates. With an export gap of $9.28M.   Gold’s highest import potential is Switzerland with an import gap of $28.7M.

See methodology.

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