The trade surplus in Qatar slightly widened to QAR 26.2 billion in November of 2022, from QAR 24.5 billion in the same period last year. Exports went up 8.2% to QAR 37.1 billion, led by sales of petroleum gases & other gaseous hydrocarbons (10.3%), crude petroleum oils & oils obtained from bituminous minerals, etc. (28.3%). Among major key partners, exports grew mainly China (18.9%), India (11.5%) and South Korea (10.9%). Meanwhile, imports surged 11.7% to QAR 10.9 billion, with purchases climbing particularly for turbojets, turbo-propellers & other gas turbines, parts thereof (69.1%), motor cars & other motor vehicles for transport of persons (39.4%) and electrical apparatus for line telephony, telephone sets etc (15.8%). Imports increased mainly from the US (18.5%), China (15%) and India (5.9%). source: Ministry of Development Planning and Statistics
Balance of Trade in Qatar averaged 22302.88 QAR Million from 2004 until 2022, reaching an all time high of 98671.00 QAR Million in August of 2012 and a record low of 4346.00 QAR Million in April of 2020. This page provides - Qatar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
Balance of Trade in Qatar is expected to be 28000.00 QAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Balance of Trade is projected to trend around 45250.00 QAR Million in 2024 and 43000.00 QAR Million in 2025, according to our econometric models.