2023
Exports
$465MWorld Rnk 96 / 221
Flag Rnk 6 / 21
2023
PRODUCT COMPLEXITY IN Precious Metals
0.86Rnk 225 / 1025
2023
Imports
$1.71BWorld Rnk 35 / 223
Flag Rnk 5 / 21
2023
ECONOMIC COMPLEXITY of Qatar
-0.33Rnk 78 / 132

About

Exports In 2023, Qatar exported $465M in Precious Metals, making it the 96th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 6th most exported product in Qatar. The main destination of Precious Metals exports from Qatar are: Switzerland ($236M), Hong Kong ($153M), United Arab Emirates ($35.3M), United States ($12.5M), and Turkey ($8.96M).

The fastest growing export markets for Precious Metals of Qatar between 2022 and 2023 were Hong Kong ($114M), United Arab Emirates ($13.8M), and Turkey ($7.92M).

Imports In 2023, Qatar imported $1.71B in Precious Metals, becoming the 35th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 5th most imported product in Qatar. Qatar imports Precious Metals primarily from: United Arab Emirates ($529M), Singapore ($267M), Switzerland ($260M), India ($140M), and Hong Kong ($87.5M).

The fastest growing import markets in Precious Metals for Qatar between 2022 and 2023 were Hong Kong ($70.2M), Thailand ($43.4M), and South Africa ($36.1M).

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 Precious Metals. 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)$465M
IMPORTS (2023)$1.71B
NET TRADE (2023)-$1.25B

In 2023, Qatar exported $465M in Precious Metals. The main destinations of Qatar exports on Precious Metals were Switzerland ($236M), Hong Kong ($153M), United Arab Emirates ($35.3M), United States ($12.5M), and Turkey ($8.96M).

In 2023, Qatar imported $1.71B in Precious Metals, mainly from United Arab Emirates ($529M), Singapore ($267M), Switzerland ($260M), India ($140M), and Hong Kong ($87.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR Qatar WERE (2022 - 2023):
Hong Kong$114M (287%)
United Arab Emirates$13.8M (64.2%)
Turkey$7.92M (762%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY Qatar WERE (2022 - 2023):
Switzerland-$106M (-31.1%)
Nepal-$91.3M (-100%)
India-$74.9M (-96.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Precious Metals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $30.7M
TOP IMPORT POTENTIALIndia+ $69.5M

Precious Metals’s highest export potential is United Arab Emirates. With an export gap of $30.7M.   Precious Metals’s highest import potential is India with an import gap of $69.5M.

See methodology.

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