Exports from Qatar declined 13 percent year-on-year to QAR 22.2 billion in November 2019, dragged down by lower sales of petroleum gases and other gaseous hydrocarbons (-8.8 percent); crude petroleum oils & oils obtained from bituminous minerals (-2.7 percent) and not crude petroleum oils & oils obtained from bituminous minerals (-47 percent). Among major trading partners, exports fell to South Korea (-29.2 percent), India (-25.2 percent) and Singapore (-15.6 percent) while those rose to Japan (1.6 percent). Exports in Qatar averaged 34830.63 QAR Million from 2004 until 2019, reaching an all time high of 124265 QAR Million in February of 2012 and a record low of 10709 QAR Million in December of 2016.
Exports in Qatar is expected to be 22300.00 QAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Qatar to stand at 25850.00 in 12 months time. In the long-term, the Qatar Exports is projected to trend around 26200.00 QAR Million in 2020, according to our econometric models.