2022
Exports
$5.4kWorld Rnk 87 / 100
Flag Rnk 793 / 992
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2022
Imports
$13.7MWorld Rnk 43 / 168
Flag Rnk 359 / 1171
2022
ECONOMIC COMPLEXITY of Qatar
-0.15Rnk 71 / 133

About

Exports In 2022, Qatar exported $5.4k in Magnesium, making it the 87th largest exporter of Magnesium in the world. At the same year, Magnesium was the 793rd most exported product in Qatar. The main destination of Magnesium exports from Qatar are: Indonesia ($2.37k), Singapore ($2.21k), and Oman ($822).

The fastest growing export markets for Magnesium of Qatar between 2021 and 2022 were Indonesia ($2.37k) and Singapore ($2.21k).

Imports In 2022, Qatar imported $13.7M in Magnesium, becoming the 43rd largest importer of Magnesium in the world. At the same year, Magnesium was the 359th most imported product in Qatar. Qatar imports Magnesium primarily from: China ($13.5M), India ($68.5k), Italy ($14.9k), United Arab Emirates ($9.41k), and Germany ($7.17k).

The fastest growing import markets in Magnesium for Qatar between 2021 and 2022 were China ($1.69M), India ($66.3k), and Germany ($7.17k).

Latest Trends

Jul 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 Magnesium. 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 (2022)$5.4k
IMPORTS (2022)$13.7M
NET TRADE (2022)-$13.6M

In 2022, Qatar exported $5.4k in Magnesium. The main destinations of Qatar exports on Magnesium were Indonesia ($2.37k), Singapore ($2.21k), and Oman ($822).

In 2022, Qatar imported $13.7M in Magnesium, mainly from China ($13.5M), India ($68.5k), Italy ($14.9k), United Arab Emirates ($9.41k), and Germany ($7.17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Qatar WERE (2021 - 2022):
Indonesia$2.37k (1%)
Singapore$2.21k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Qatar WERE (2021 - 2022):Oman-$1.02k (-55.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Qatar's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Qatar's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $828
TOP IMPORT POTENTIALIndia+ $102k

Magnesium’s highest export potential is Indonesia. With an export gap of $828.   Magnesium’s highest import potential is India with an import gap of $102k.

See methodology.

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