Qatar’s trade surplus rose to QAR 15.88 billion in December of 2018 from QAR 14.90 billion in the corresponding month of the previous year. Exports fell 1.9% from a year earlier to QAR 25.43 billion, dragged down by lower sales of petroleum oils & oils from bituminous – crude (-47.6%) and petroleum oils & oils from bituminous – not crude (-2.4%). Main export partners were South Korea (19.6% of total exports); Japan (17.2%) and China (14.4%). Meanwhile, imports dropped at a faster 13.3% to QAR 9.54 billion, due to lower purchases of motor cars & other motor vehicles for the transport of persons (-2.6%). On the other hand, imports rose for parts of balloons; parts of aircraft & spacecraft (+21.8%) and turbojets, turbo propellers & other gas turbines & parts thereof (+43%). The highest share of imports came from the US (17.7% of total imports); China (11.8%); the UK (8.5%) and Germany (6.9%). Balance of Trade in Qatar averaged 24711.50 QAR Million from 2004 until 2018, 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 21445.00 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 7900.00 in 12 months time. In the long-term, the Qatar Balance of Trade is projected to trend around 21175.00 QAR Million in 2020, according to our econometric models.

Qatar Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-29 04:00 AM Balance of Trade QAR15.5B QAR17.5B QAR 17.9B
2018-11-28 05:45 AM Balance of Trade QAR19B QAR15.5B QAR 17.4B
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 01:30 PM Balance of Trade QAR15.9B
2019-03-28 08:30 AM Balance of Trade
2019-04-30 01:30 PM Balance of Trade


Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 15884.00 16186.00 98671.00 4795.00 QAR Million [+]
Current Account 15732.00 13865.00 66727.00 -8942.00 QAR Million [+]
Current Account to GDP 3.80 -5.50 106.80 -31.00 percent [+]
Imports 9541.00 9513.00 28435.00 3911.00 QAR Million [+]
Exports 25425.00 25699.00 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 609.00 570.00 865.00 539.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
15884.00 16186.00 98671.00 4795.00 2004 - 2018 QAR Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -55.29 Dec/18
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 2415.21 Jan/19
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -2568800.00 Nov/18
Switzerland 1787.14 Dec/18
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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