Qatar Balance of Trade

Last Release

Dec 31, 2024

Actual

18,429

Units In

QAR Million

16,671

Frequency

Monthly

Next Release

Feb 28, 2025

Time to Release

20 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
98,671 Aug 2012	4,346 Apr 2020	21,924.54 QAR Million	2004-2024	Ministry of Development Planning and Statistics

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.

Latest Updates

The trade surplus in Qatar narrowed slightly to QAR 18.4 billion in December 2024 from QAR 18.7 billion in the corresponding month of the previous year. Imports soared by 21.6% year-on-year to QAR 12.8 billion, while exports rose at a much softer pace of 6.7% to QAR 31.2 billion. Considering the whole period of 2024, the country recorded a trade surplus of QAR 215.6 billion.