The trade surplus in Qatar widened 72.2 percent to QAR 13.2 billion in March 2021, from QAR 7.6 billion in the same period last year. Exports jumped 38.2 percent to QAR 22.1 billion, led by higher sales of petroleum gases and other gaseous hydrocarbons (26.6 pct), and crude petroleum oils & oils obtained from bituminous minerals etc. (74.5 pct). Among major key trade partners, exports increased to Japan (39.3 pct), South Korea (31.7 pct), and India (30.1 pct). Meantime, imports rose at a slower 6.7 percent to QAR 8.9 billion, with purchases even declining for two significant groups: turbojets, turbo propellers & other gas turbines (-44.6 pct) and motor cars & other motor vehicles (-16.5 pct). Imports rose from China (48.8 pct) but were down from the US (-35.5 pct). source: Ministry of Development Planning and Statistics

Balance of Trade in Qatar averaged 21875.42 QAR Million from 2004 until 2021, reaching an all time high of 98671 QAR Million in August of 2012 and a record low of 4346 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 May of 2021.

Balance of Trade in Qatar is expected to be 8900.00 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 16450.00 in 12 months time. In the long-term, the Qatar Balance of Trade is projected to trend around 12800.00 QAR Million in 2022 and 12250.00 QAR Million in 2023, according to our econometric models.

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Qatar Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
13180.00 13222.00 98671.00 4346.00 2004 - 2021 QAR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-27 07:30 AM Dec QAR 8.6B QAR 9.1B QAR 8.5B
2021-02-26 02:20 AM Jan QAR 13.5B QAR 8.6B QAR 8.8B
2021-03-25 08:30 AM Feb QAR 13.2B QAR 13.5B QAR 12B
2021-04-27 07:45 AM Mar QAR 13.2B QAR 13.5B QAR 8.9B
2021-06-08 11:00 AM Apr QAR 13.2B
2021-06-30 11:00 AM May
2021-07-28 11:00 AM June QAR 11.7B
2021-08-27 11:00 AM July


News Stream
Qatar Trade Surplus Widens in March
The trade surplus in Qatar widened 72.2 percent to QAR 13.2 billion in March 2021, from QAR 7.6 billion in the same period last year. Exports jumped 38.2 percent to QAR 22.1 billion, led by higher sales of petroleum gases and other gaseous hydrocarbons (26.6 pct), and crude petroleum oils & oils obtained from bituminous minerals etc. (74.5 pct). Among major key trade partners, exports increased to Japan (39.3 pct), South Korea (31.7 pct), and India (30.1 pct). Meantime, imports rose at a slower 6.7 percent to QAR 8.9 billion, with purchases even declining for two significant groups: turbojets, turbo propellers & other gas turbines (-44.6 pct) and motor cars & other motor vehicles (-16.5 pct). Imports rose from China (48.8 pct) but were down from the US (-35.5 pct).
2021-04-27
Qatar Trade Surplus Largest in 11 Months
The trade surplus in Qatar widened to QAR 13.5 billion in January 2021 from QAR 12.5 billion in the same period last year. It was the largest trade surplus since February 2020, as exports dropped less than imports, amid weakening domestic demand. Exports fell 4.7 percent led by lower sales of petroleum gases and other gaseous hydrocarbons (-13.3 pct), crude petroleum oils & oils obtained from bituminous minerals etc. (-3 pct). Among major key trade partners, exports dropped to Japan (-15.9 pct), South Korea (-3.5 pct), India (-18.6 pct), and Singapore (-31 pct), while jumped to China (25.8 pct). Meantime, imports decreased at a faster 21.5 percent as purchases declined for turbojets, turbo propellers & other gas turbines (-27.5 pct), motor cars & other motor vehicles (-7.2 pct). Imports were down mainly from China (-43 pct), the US (-34.7 pct) and the UK (-10.5 pct).
2021-02-26
Qatar September Trade Surplus Narrows Sharply
The trade surplus in Qatar sharply dropped to QAR 6.4 billion in September 2020 from QAR 12.8 billion in the same period last year, amid the coronavirus pandemic. Exports plunged 33.7 percent led by lower sales of petroleum gases and other gaseous hydrocarbons (-33.5 pct), crude petroleum oils & oils obtained from bituminous minerals etc. (-42.0 pct) and non crude petroleum oils & oils obtained from bituminous minerals etc. (-54.7 pct). Among major key trade partners, exports dropped to China (-17.9 pct), India (-7.1 pct), Japan (-50.8 pct), South Korea (-51.2 pct) and Singapore (-39.9 pct). Meantime, imports decreased at a softer 6.4 percent as purchases fell for parts of aero planes (-26.3 pct), motor cars (-29.1 percent) and turbojets, turbo propellers & other gas turbines; parts thereof (-62.3 pct). Imports were down from the US (-36.4 pct), India (-6.2 pct) and Germany (-18.6 pct), while surged to China (60.7 pct) and the UK (10.5 pct).
2020-10-27
Qatar August Trade Surplus Narrows Sharply
The trade surplus in Qatar fell sharply to QAR 6.9 billion in August 2020 from QAR 12.1 billion in the same period last year, amid the coronavirus pandemic. Exports plunged 33.8 percent led by lower sales of petroleum gases and other gaseous hydrocarbons (-41.6 pct), crude petroleum oils & oils obtained from bituminous minerals etc. (-29.5 pct) and non crude petroleum oils & oils obtained from bituminous minerals etc. (-7.2 pct). Among major key trade partners, exports dropped to China (-3.6 pct), India (-18.7 pct), Japan (-41.4 pct), South Korea (-64.9 pct) and Singapore (-34.8 pct). Meantime, imports decreased at a softer 21.6 percent as purchases fell for parts of aero planes (-33.8 pct), motor cars (-42.6 percent) and other groups of commodities (-21.4 pct). Imports dropped from the US (-35.9 pct), the UK (-60.6 pct), India (-7.4 pct), China (-7.1 pct) and Germany (-18.2 pct).
2020-09-28

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.