2023
Exports
$802MWorld Rnk 76 / 226
Flag Rnk 5 / 21
2023
PRODUCT COMPLEXITY IN Machines
2.12Rnk 2 / 1025
2023
Imports
$9.96BWorld Rnk 58 / 226
Flag Rnk 1 / 21
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $802M in Machines, making it the 76th largest exporter of Machines in the world. At the same year, Machines was the 5th most exported product in Qatar. The main destination of Machines exports from Qatar are: Oman ($463M), Hong Kong ($144M), United Arab Emirates ($48.3M), Kuwait ($28.2M), and Netherlands ($21.1M).

The fastest growing export markets for Machines of Qatar between 2022 and 2023 were Oman ($200M), Hong Kong ($78.7M), and United Arab Emirates ($25.8M).

Imports In 2023, Qatar imported $9.96B in Machines, becoming the 58th largest importer of Machines in the world. At the same year, Machines was the 1st most imported product in Qatar. Qatar imports Machines primarily from: United States ($2.31B), China ($1.92B), Italy ($868M), United Arab Emirates ($757M), and Germany ($468M).

The fastest growing import markets in Machines for Qatar between 2022 and 2023 were China ($305M), United States ($253M), and Vietnam ($147M).

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 Machines. 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)$802M
IMPORTS (2023)$9.96B
NET TRADE (2023)-$9.16B

In 2023, Qatar exported $802M in Machines. The main destinations of Qatar exports on Machines were Oman ($463M), Hong Kong ($144M), United Arab Emirates ($48.3M), Kuwait ($28.2M), and Netherlands ($21.1M).

In 2023, Qatar imported $9.96B in Machines, mainly from United States ($2.31B), China ($1.92B), Italy ($868M), United Arab Emirates ($757M), and Germany ($468M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
Oman$200M (76.2%)
Hong Kong$78.7M (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY Qatar WERE (2022 - 2023):
India-$46.9M (-97.7%)
Iran-$14.1M (-100%)
Kuwait-$6.35M (-18.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13M
TOP IMPORT POTENTIALChina+ $825M

Machines’s highest export potential is India. With an export gap of $13M.   Machines’s highest import potential is China with an import gap of $825M.

See methodology.

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