The trade surplus in Qatar decreased to QAR 13.77 billion in February of 2019 from QAR 14.03 billion in the corresponding month of the previous year, as exports declined 0.5 percent to QAR 22.26 billion, dragged down by lower sales of crude petroleum oils & oils obtained from bituminous minerals (-14.3%) and not crude petroleum oils & oils obtained from bituminous minerals (-15.1%). Meanwhile, shipments of petroleum gases and other gaseous hydrocarbons increased 6%. Among top export partners, exports fell to South Korea (-7.7%) and India (-25.5%), but rose to Japan (9.3%), China (22.1%) and Singapore (30.1%). Meanwhile, imports went up 1.9 percent to QAR 8.49 billion, due mainly to purchases of parts of balloons; parts of aircraft & spacecraft (71.4%). On the other hand, vehicles imports dropped 35.9%. Imports rose from China (27.1%), the US (3.7%), Germany (94.8%) and the UK (24.7%), but were down from India (-25.3%). Balance of Trade in Qatar averaged 24526.60 QAR Million from 2004 until 2019, reaching an all time high of 98671 QAR Million in August of 2012 and a record low of 4795 QAR Million in April of 2016.

Balance of Trade in Qatar is expected to be 0.00 QAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Qatar to stand at 15820.00 in 12 months time. In the long-term, the Qatar Balance of Trade is projected to trend around 16450.00 QAR Million in 2020, according to our econometric models.

Qatar Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-26 11:25 AM Balance of Trade QAR16.2B QAR19B QAR 18.1B
2019-01-29 08:20 AM Balance of Trade QAR15.9B QAR16.2B QAR 7.4B
2019-02-27 01:00 PM Balance of Trade QAR 15.8B QAR15.9B QAR16.2B
2019-03-27 09:20 AM Balance of Trade QAR 13.8B QAR15.8B QAR14.5B
2019-04-30 01:30 PM Balance of Trade QAR 13.8B QAR12.7B
2019-05-28 09:20 AM Balance of Trade QAR14.2B
2019-06-27 10:30 AM Balance of Trade QAR15.2B


Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 13800.00 15838.00 98671.00 4795.00 QAR Million [+]
Current Account 16435.00 15732.00 66727.00 -8942.00 QAR Million [+]
Current Account to GDP 3.80 -5.50 106.80 -31.00 percent [+]
Imports 8492.00 8825.00 28435.00 3911.00 QAR Million [+]
Exports 22260.00 24663.00 124265.00 10709.00 QAR Million [+]
Capital Flows -9321.00 13817.00 13817.00 -227805.00 QAR Million [+]
Gold Reserves 31.30 31.30 31.30 0.59 Tonnes [+]
Crude Oil Production 1460.00 1460.00 1460.00 539.00 BBL/D/1K [+]
Foreign Direct Investment 1208.00 455.00 3777.00 -5189.00 QAR Million [+]
Terrorism Index 0.06 0.12 2.23 0.00 [+]
Tourist Arrivals 2256.00 2938.00 2941.00 309.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Qatar Balance of Trade

Qatar has been recording trade surpluses since 2004 mostly due to shipments of oil and liquefied natural gas (89 percent of total exports). Main imports are: transport equipment and parts; nuclear reactors, boilers, machinery and mechanical appliances and parts and base metals and articles thereof. Qatar´s main trading partner is Japan (28 percent of total exports and 8 percent of imports). Others include: India, China, United Arab Emirates and South Korea. This page provides - Qatar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13800.00 15838.00 98671.00 4795.00 2004 - 2019 QAR Million Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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