2022
Exports
$103BWorld Rnk 10 / 216
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$897MWorld Rnk 128 / 225
Flag Rnk 11 / 96
2022
ECONOMIC COMPLEXITY of Qatar
-0.15Rnk 71 / 133

About

Exports In 2022, Qatar exported $103B in Mineral fuels, mineral oils and products of their distillation, making it the 10th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Qatar. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Qatar are: China ($19.8B), India ($14.9B), Japan ($11.7B), South Korea ($10B), and United Kingdom ($7.45B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Qatar between 2021 and 2022 were China ($9.35B), India ($5.43B), and Belgium ($4.07B).

Imports In 2022, Qatar imported $897M in Mineral fuels, mineral oils and products of their distillation, becoming the 128th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 11th most imported product in Qatar. Qatar imports Mineral fuels, mineral oils and products of their distillation primarily from: India ($247M), Oman ($155M), China ($55.4M), Kuwait ($40M), and South Korea ($39.4M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Qatar between 2021 and 2022 were India ($148M), Oman ($128M), and Portugal ($27.5M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Mineral fuels, mineral oils and products of their distillation. 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)$103B
IMPORTS (2022)$897M
NET TRADE (2022)$102B

In 2022, Qatar exported $103B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Qatar exports on Mineral fuels, mineral oils and products of their distillation were China ($19.8B), India ($14.9B), Japan ($11.7B), South Korea ($10B), and United Kingdom ($7.45B).

In 2022, Qatar imported $897M in Mineral fuels, mineral oils and products of their distillation, mainly from India ($247M), Oman ($155M), China ($55.4M), Kuwait ($40M), and South Korea ($39.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Qatar WERE (2021 - 2022):
China$9.35B (89%)
India$5.43B (57.7%)
Belgium$4.07B (311%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Qatar WERE (2021 - 2022):
Singapore-$2.24B (-40.3%)
Kuwait-$1.47B (-99.9%)
United Arab Emirates-$1.33B (-43.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Qatar's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Qatar's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $3.23B
TOP IMPORT POTENTIALIndia+ $81.6M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is China. With an export gap of $3.23B.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is India with an import gap of $81.6M.

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