Qatar Balance of Trade  2004-2017 | Data | Chart | Calendar | Forecast

Qatar trade surplus jumped 45.4 percent to QAR 12.6 billion in August 2017 from QAR 8.7 billion in the same month of the previous year. It was the largest trade surplus since August 2015, as exports increased 17.7 percent from a year ago to QAR 21.3 billion, boosted by higher sales of petroleum oils and oils obtained from bituminous minerals (18.3 percent), petroleum gases and other gaseous hydrocarbons (16.2 percent) and other groups of commodities (11.4 percent). Among major trading partners, sales went up to China (151.8 percent), Singapore (165.8 percent), India (17.9 percent) and South Korea (8.1 percent). Meanwhile, imports shrank 7.8 percent to QAR 8.7 billion amid sanctions imposed by other Gulf states. Purchases fell for motor cars and other motor vehicles (-57.8 percent); and other groups of commodities (-8.9 percent). Imports declined from Germany (-23.6 percent); China (-9.3 percent); and India (-9.3 percent). Balance of Trade in Qatar averaged 26639.13 QAR Million from 2004 until 2017, 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.

Qatar Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-01 11:20 AM Balance of Trade QAR 12.5B QAR 10.9B
2017-08-24 11:00 AM Balance of Trade QAR 11.9B QAR 12.5B
2017-09-27 06:30 AM Balance of Trade QAR12.6B QAR 12.0B QAR 14.1B
2017-10-26 08:30 AM Balance of Trade QAR12.6B
2017-11-28 09:05 AM Balance of Trade
2017-12-27 09:00 AM Balance of Trade


Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 12620.00 12024.00 98671.00 4795.00 QAR Million [+]
Exports 21299.00 18265.00 124265.00 14445.00 QAR Million [+]
Imports 8679.00 6241.00 28435.00 3911.00 QAR Million [+]
Current Account 3565.00 1086.00 66727.00 -8958.00 QAR Million [+]
Current Account to GDP -5.50 8.40 106.80 -31.00 percent [+]
Capital Flows 42172.00 5300.00 42172.00 -227805.00 QAR Million [+]
Gold Reserves 26.58 26.58 29.69 0.59 Tonnes [+]
Crude Oil Production 616.00 611.00 865.00 545.00 BBL/D/1K [+]
Terrorism Index 0.23 0.00 2.23 0.00 [+]
Tourist Arrivals 2930.00 2826.00 2930.00 309.00 Thousand [+]
Foreign Direct Investment 743.00 1317.00 3777.00 -1744.00 QAR Million [+]

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
12620.00 12024.00 98671.00 4795.00 2004 - 2017 QAR Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17