2023
Exports
$59.4MWorld Rnk 85 / 226
Flag Rnk 19 / 95
2023
PRODUCT COMPLEXITY IN Iron or steel articles
1.67Rnk 25 / 1025
2023
Imports
$2.21BWorld Rnk 42 / 226
Flag Rnk 5 / 96
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $59.4M in Iron or steel articles, making it the 85th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 19th most exported product in Qatar. The main destination of Iron or steel articles exports from Qatar are: Oman ($12.8M), China ($6.82M), Italy ($6.07M), Saudi Arabia ($4.71M), and Indonesia ($4.58M).

The fastest growing export markets for Iron or steel articles of Qatar between 2022 and 2023 were China ($5.65M), Italy ($4.76M), and Saudi Arabia ($3.78M).

Imports In 2023, Qatar imported $2.21B in Iron or steel articles, becoming the 42nd largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 5th most imported product in Qatar. Qatar imports Iron or steel articles primarily from: China ($446M), South Korea ($270M), Indonesia ($205M), Japan ($199M), and Germany ($131M).

The fastest growing import markets in Iron or steel articles for Qatar between 2022 and 2023 were China ($184M), South Korea ($179M), and Indonesia ($162M).

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 Iron or steel articles. 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)$59.4M
IMPORTS (2023)$2.21B
NET TRADE (2023)-$2.16B

In 2023, Qatar exported $59.4M in Iron or steel articles. The main destinations of Qatar exports on Iron or steel articles were Oman ($12.8M), China ($6.82M), Italy ($6.07M), Saudi Arabia ($4.71M), and Indonesia ($4.58M).

In 2023, Qatar imported $2.21B in Iron or steel articles, mainly from China ($446M), South Korea ($270M), Indonesia ($205M), Japan ($199M), and Germany ($131M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
China$5.65M (485%)
Italy$4.76M (364%)
Saudi Arabia$3.78M (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Qatar WERE (2022 - 2023):
Oman-$2.76M (-17.7%)
Romania-$1.98M (-99.4%)
Turkey-$641k (-84.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Qatar's main exporting competitors in Iron or steel articles were:
In 2023, Qatar's main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.18M
TOP IMPORT POTENTIALChina+ $86.9M

Iron or steel articles’s highest export potential is India. With an export gap of $1.18M.   Iron or steel articles’s highest import potential is China with an import gap of $86.9M.

See methodology.

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