The Economic Complexity Index (ECI) ranked Qatar as the 37th largest export economy in the world and 83rd in terms of the economic complexity. The major exports of Qatar are petroleum gas ($55 billion), crude petroleum ($37 billion), ethylene polymers ($3 billion) and nitrogenous fertilizers ($1.56 billion). Among these export items, petroleum gas represent almost 50% of the total exports while crude petroleum accounts for about 34%.

Qatar’s export commodities are brought to its trading partners such as Japan ($33 billion), South Korea ($24 billion), India ($14 billion), China ($7.8 billion) and Singapore ($7.1 billion).

Chart Showing GDP Growth Compared to rest of world

The country also serves as a hub for import commodities coming from the United States ($2.6 billion), China ($2.4 billion), the United Kingdom ($2 billion), Germany (around $2 billion) and the United Arab Emirates ($2 billion).

Qatar heavily imports cars ($2.6 billion), gas turbines (around $920 million), aircraft parts ($823 million), special purpose ships ($720 million) and iron ore ($660 million). Cars represent about 9% of the total imports then it is followed by gas turbines which comprises 3.4%.