Importing from Qatar

Qatar Import Guide | Trade Finance Global

Importing from Qatar

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).

Qatar Country Profile

Official Name (Local Language) Dawlat Qatar
Capital Doha
Population 2,258,283
Currency Qatari Rial
GDP $156.6 billion
Languages Arabic
Telephone Dial In 974

Qatar Exports Profile

Exports ($m USD)

32,06

Number of Export Products

3,865

Number of Export Partners

114

Top 5 export partners

Country

Trade

% Partner Share

United States

4,606

14.37

China

3,32

10.36

Germany

2,97

2,97

United Arab Emirates

2,914

09.09

Japan

2,14

6.67

Top 5 Export Products at HS 6 digit level

Export Product

Number

Natural gas, liquefied

61.3%

Petroleum oils and oils obtained from bituminou

15.4%

Petroleum oils, etc, (excl. crude); preparation

4.8%

Crude or unrefined sulphur

0.3%

Mixed alkylbenzenes, nes

0.3%

Chart Showing GDP Growth Compared to rest of world

GDP Composition for Qatar

Agriculture

%

Product List

Industry

%

Industry List

Services

%

Services List

Transportation Travel Communications services Government services Insurance services Cultural and recreational services

Importing from Qatar: What is trade finance?

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%.

Information

Importing from Qatar? Contact our local experts

Qatar Economic Statistics

Government Website

http://portal.www.gov.qa/

Sovereign Ratings

https://countryeconomy. com/ratings/qatar

Central Bank

Qatar Central Bank

Currency USD Exchange Rate

3.64

Unemployment Rate

0.7%

Population below poverty line

NA

Inflation Rate

3.8%

Prime Lending Rate

4.5%

GDP

$156.6 billion

GDP Pro Capita (PPP)

$129,700

Currency Name

Qatari Rial

Currency Code

QAR

World Bank Classification

High Income

Competitive Industrial Performance

18/138

Corruption Perceptions Index

29/180

Ease of Doing Business

83/190

Enabling Trade Index

43/136

Currency in Qatar

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