The trade surplus in Qatar decreased to QAR 12.75 billion in March of 2019 from QAR 13.29 billion in the corresponding month of the previous year. It was the smallest trade surplus since November 2017, as exports declined 6.3% to QAR 22.35 billion, dragged down by lower sales of petroleum gases and other gaseous hydrocarbons (-8.9%) and not crude petroleum oils & oils obtained from bituminous minerals (-11.6%). In contrast, shipments of crude petroleum oils & oils obtained from bituminous minerals increased 0.7%. Among major trading partners, exports fell to South Korea (-28.1%), India (-5.7%) and China (-18.1%), but increased to Japan (14.6%). Meantime, imports dropped 9.0% to QAR 9.49 billion, due to lower purchases of motor cars & other motor vehicles (-33.2%); parts of balloons; parts of aircraft & spacecraft (-9.5%) and turbojets, turbo propellers & other gas turbines (-38.1%). Imports went down from India (-5.7%) and China (-18.1%), but increased from the US (8.9%). Balance of Trade in Qatar averaged 24417.27 QAR Million from 2004 until 2019, 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 18300.00 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 14550.00 in 12 months time. In the long-term, the Qatar Balance of Trade is projected to trend around 16450.00 QAR Million in 2020, according to our econometric models.

Qatar Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-29 08:20 AM Balance of Trade QAR15.9B QAR16.2B QAR 7.4B
2019-02-27 01:00 PM Balance of Trade QAR 15.8B QAR15.9B QAR16.2B
2019-03-27 09:20 AM Balance of Trade QAR 13.8B QAR15.8B QAR14.5B
2019-05-07 10:45 AM Balance of Trade QAR 12.8B QAR 13.8B QAR12.7B
2019-05-28 09:20 AM Balance of Trade QAR 12.8B QAR14.2B
2019-06-27 10:30 AM Balance of Trade QAR15.2B
2019-08-01 09:35 AM Balance of Trade QAR 18.3B


Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 12751.00 13768.00 98671.00 4795.00 QAR Million [+]
Current Account 16435.00 15732.00 66727.00 -8942.00 QAR Million [+]
Current Account to GDP 8.70 3.80 106.80 -31.00 percent [+]
Imports 9594.00 8492.00 28435.00 3911.00 QAR Million [+]
Exports 22345.00 22260.00 124265.00 10709.00 QAR Million [+]
Capital Flows -4590.00 -11441.00 15937.00 -227805.00 QAR Million [+]
Gold Reserves 31.30 31.30 31.30 0.59 Tonnes [+]
Crude Oil Production 1460.00 1460.00 1460.00 539.00 BBL/D/1K [+]
Foreign Direct Investment 299.00 -4117.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12751.00 13768.00 98671.00 4795.00 2004 - 2019 QAR Million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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