Qatar Balance of Trade2021 Data | 2022 Forecast | 2004-2020 Historical | Calendar

The trade surplus in Qatar surged to QAR 19.2 billion in August of 2021 from QAR 6.9 billion in the same period last year, amid a further recovery in global demand. Exports jumped 94.3 percent from last year to QAR 27.3 billion due to a higher sales of petroleum gases and other gaseous hydrocarbons (118.2%), crude petroleum oils & oils obtained from bituminous minerals etc. (67.4%) and petroleum oils & oils from bituminous minerals - not crude - (87.0%). Among major key trade partners, exports grew to China (81.4%), South Korea (128.6%), Japan (58.4), India (93.4%), and the UAE (348.2%). Meantime, imports grew at a much softer 13.6 percent to QAR 8.1 billion, with purchases soaring for motor vehicles (135.3%). Imports increased from China (47.7%), Germany (40.7%), India (57.8%) and Italy (16.5%), but declined from the US (-42.3%).

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%).

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%).

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%).