The trade surplus in Qatar jumped to QAR 19.6 billion in July of 2021, the largest since December 2014, from QAR 6.2 billion in the same period last year. Exports increased 101.9 percent from last year to QAR 27.5 billion due to a higher sales volumes of petroleum gases and other gaseous hydrocarbons (105.9%), and crude petroleum oils & oils obtained from bituminous minerals etc. (92.0%). Among major key trade partners, exports advanced to China (15.8%), South Korea (14.13%), Japan (14.12), India (12.3%), and Singapore (8.6%). Meantime, imports grew at a much slower 7.1 percent to QAR 7.9 billion, with purchases jumping for turbojets, turbo propellers & other gas turbines; parts thereof (0.2%) and motor cars & other motor vehicles (52.4%). Imports were up from China (16.6%), United States of America (11.4%), United Kingdom (7.8%), Germany (6.6%) and India (6.2%). source: Ministry of Development Planning and Statistics

Balance of Trade in Qatar averaged 21714.75 QAR Million from 2004 until 2021, reaching an all time high of 98671 QAR Million in August of 2012 and a record low of 4346 QAR Million in April of 2020. This page provides - Qatar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in Qatar is expected to be 11700.00 QAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Balance of Trade is projected to trend around 12800.00 QAR Million in 2022 and 12250.00 QAR Million in 2023, according to our econometric models.

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Qatar Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
19594.00 16672.00 98671.00 4346.00 2004 - 2021 QAR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-02 08:50 AM Apr QAR 12.8B QAR 13.2B
2021-06-30 02:30 AM May QAR 16.6B QAR 12.8B
2021-07-29 04:45 AM June QAR16.7B QAR 16.6B QAR 11.7B
2021-08-25 09:30 AM July QAR19.6B QAR16.7B
2021-09-28 11:00 AM Aug QAR19.6B
2021-10-27 11:00 AM Sep QAR 11.7B
2021-11-27 11:00 AM Oct
2021-12-27 11:00 AM Nov


News Stream
Qatar Trade Surplus Largest in Over 6-1/2 Years
The trade surplus in Qatar jumped to QAR 19.6 billion in July of 2021, the largest since December 2014, from QAR 6.2 billion in the same period last year. Exports increased 101.9 percent from last year to QAR 27.5 billion due to a higher sales volumes of petroleum gases and other gaseous hydrocarbons (105.9%), and crude petroleum oils & oils obtained from bituminous minerals etc. (92.0%). Among major key trade partners, exports advanced to China (15.8%), South Korea (14.13%), Japan (14.12), India (12.3%), and Singapore (8.6%). Meantime, imports grew at a much slower 7.1 percent to QAR 7.9 billion, with purchases jumping for turbojets, turbo propellers & other gas turbines; parts thereof (0.2%) and motor cars & other motor vehicles (52.4%). Imports were up from China (16.6%), United States of America (11.4%), United Kingdom (7.8%), Germany (6.6%) and India (6.2%).
2021-08-25
Qatar Trade Surplus Largest Since 2018
The trade surplus in Qatar sharply widened to QAR 16.7 billion in June 2021, the largest since October 2018, from QAR 5.9 billion in the same period last year. Exports soared 96.3 percent to QAR 25.0 billion, amid a low base effect from the pandemic’s outbreak. Higher sales volumes were recorded for petroleum gases and other gaseous hydrocarbons (91.5% vs 70.1% in May), and crude petroleum oils & oils obtained from bituminous minerals etc. (185.8% vs 201.5%). Among major key trade partners, exports surge to China (64.8%), India (65.8%), Japan (111.5%) South Korea (103.0%) and Singapore(218.9%). Meantime, imports grew at a much slower 21.1 percent to QAR 8.3 billion, with purchases jumping for turbojets, turbo propellers & other gas turbines; parts thereof (100.3% vs 66.3%) and motor cars & other motor vehicles (153.9% vs 140.4%). Imports were up from China (11.5%), the US (6.6%), the UK (80.0%) and Italy (105.2%) while declining to Germany (-0.9%).
2021-07-29
Qatar Trade Surplus Largest in Over 2-1/2 Years
The trade surplus in Qatar sharply widened to QAR 16.6 billion in May 2021, the largest since October 2018, from QAR 5.3 billion in the same period last year. Exports jumped 87.8 percent to QAR 24.9 billion, amid a low base effect from the pandemic’s outbreak. Higher sales volumes were recorded for petroleum gases and other gaseous hydrocarbons (70.1% vs 52.6% in April), and crude petroleum oils & oils obtained from bituminous minerals etc. (201.5% vs 171.9%). Among major key trade partners, exports surge to China (38.7%), India (84.4%), Japan (127.3%), South Korea (31.9%) and the UEA (357.5%). Meantime, imports rose at a much slower 4.7 percent to QAR 8.3 billion, with purchases surging for motor cars & other motor vehicles (140.4% vs 20.9%) but slumping for turbojets, turbo propellers & other gas turbines (-66.3% vs -32.4%). Imports were up from India (113.5%), Germany (91.6%), China (37.4%) and Italy (121.7%) while plunging to the US (-50.5%).
2021-06-30
Qatar Trade Surplus Widens Sharply in April
The trade surplus in Qatar has sharply widened by 194.1 percent to QAR 12.8 billion in April 2021, from QAR 4.3 billion in the same period last year. Exports soared 77.1 percent to QAR 21.0 billion, amid low base effects from the pandemic’s outbreak. Higher sales volumes were recorded for petroleum gases and other gaseous hydrocarbons (52.6 pct vs 26.6 pct in March), and crude petroleum oils & oils obtained from bituminous minerals etc. (171.9 pct vs 74.5 pct). Meantime, imports rose at a much slower 9.2 percent to QAR 8.2 billion, with purchases even declining for turbojets, turbo propellers & other gas turbines (-32.4 pct vs -44.6 pct) but rebounding for motor cars & other motor vehicles (20.9 pct vs -16.5 pct). The largest export partners were Japan (13.4 pct of total sales), China (13.2 pct) and India (12.7 pct), while imports came mainly from China (13.4 pct) the US (13.3 pct) and India (7.4 pct).
2021-06-02

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.