Qatar Trade Balance

2014 - 2024 | Monthly | USD mn | CEIC Data

Key information about Qatar's Trade Balance

  • Qatar's Trade Balance recorded a surplus of 5.0 USD bn in Feb 2024, compared with a surplus of 4.8 USD bn in the previous month
  • Qatar's Trade Balance data is updated monthly, available from Jan 2014 to Feb 2024, with an averaged value of 4.1 USD bn
  • The data reached an all-time high of 10.0 USD bn in Aug 2022 and a record low of 1.2 USD bn in Apr 2020
CEIC converts monthly Trade Balance into USD. The Planning and Statistics Authority provides Trade Balance in local currency. Qatar Central Bank average market exchange rate is used for currency conversions.

Further information about Qatar's Trade Balance

  • In the latest reports, Qatar's Total Exports reached 8.5 USD bn in Jan 2024, a decrease of 38.3% YoY (year-on-year)
  • Total Imports recorded 2.4 USD bn in Apr 2023, an increase of 38.3% YoY (year-on-year)

View Qatar's Trade Balance from Jan 2014 to Feb 2024 in the chart:

Qatar Trade Balance

What was Qatar's Trade Balance in Feb 2024?

Qatar's Trade Balance recorded a surplus of 5.0 USD bn in Feb 2024, compared with a surplus of 4.8 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
4,964.0 Feb 2024 4,798.6 Jan 2024 1,194.2 Apr 2020 9,956.6 Aug 2022 USD mn monthly Jan 2014 - Feb 2024

Trade Balance by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) -438.6 Mar 2024 monthly Oct 1998 - Mar 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,345.7 Feb 2024 monthly Jan 1991 - Feb 2024
Armenia (USD mn) 102.3 Feb 2024 monthly Nov 1995 - Feb 2024
Australia (USD mn) 4,748.7 Feb 2024 monthly Jul 1971 - Feb 2024
Austria (USD mn) 1,200.8 Oct 2023 monthly Jan 1957 - Oct 2023
Azerbaijan (USD mn) -60.6 Mar 2024 monthly Jan 2000 - Mar 2024
Bahrain (USD mn) 8,242.9 2022 yearly 1966 - 2022
Bangladesh (USD mn) -2,231.5 Jan 2024 monthly Jul 1986 - Jan 2024
Belarus (USD mn) -46.0 Feb 2024 monthly Jan 2000 - Feb 2024
Belgium (USD mn) 1,030.9 Jan 2024 monthly Jan 1993 - Jan 2024
Bolivia (USD mn) -174.3 Jan 2024 monthly Oct 1994 - Jan 2024
Bosnia and Herzegovina (USD mn) -657.5 Feb 2024 monthly Jan 2000 - Feb 2024
Botswana (USD mn) -198.3 Jan 2024 monthly Jan 2001 - Jan 2024
Brazil (USD mn) 7,482.7 Mar 2024 monthly Jan 1959 - Mar 2024
Brunei (USD mn) 685.7 Dec 2023 monthly Jan 2010 - Dec 2023
Bulgaria (USD mn) -586.1 Feb 2024 monthly Jan 1995 - Feb 2024
Cambodia (USD mn) -60.2 Feb 2024 monthly Jun 2013 - Feb 2024
Canada (USD mn) 1,030.8 Feb 2024 monthly Jan 1988 - Feb 2024
Chile (USD mn) 1,769.8 Mar 2024 monthly Jan 1968 - Mar 2024
China (USD mn) 39,705.5 Feb 2024 monthly Jan 1992 - Feb 2024
Colombia (USD mn) -1,213.2 Jan 2024 monthly Jan 1958 - Jan 2024
Croatia (USD mn) -1,343.3 Jan 2024 monthly Jan 1993 - Jan 2024
Cyprus (USD mn) -617.5 Jan 2024 monthly Jan 1957 - Jan 2024
Czech Republic (USD mn) 3,162.3 Feb 2024 monthly Jan 1996 - Feb 2024
Denmark (USD mn) 1,145.3 Feb 2024 monthly Jan 1997 - Feb 2024
Ecuador (USD mn) 678.9 Feb 2024 monthly Mar 1992 - Feb 2024
Egypt (USD mn) -2,724.0 Feb 2024 monthly Jan 1957 - Feb 2024
Estonia (USD mn) -217.8 Feb 2024 monthly Jan 1993 - Feb 2024
European Union (USD mn) 26,688.4 Jan 2024 monthly Jan 2002 - Jan 2024
Finland (USD mn) -300.0 Dec 2023 monthly Jan 1992 - Dec 2023
France (USD mn) -5,659.8 Feb 2024 monthly Jan 2000 - Feb 2024
Georgia (USD mn) -650.6 Feb 2024 monthly Jan 1995 - Feb 2024
Germany (USD mn) 23,053.8 Feb 2024 monthly Jan 1957 - Feb 2024
Ghana (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Greece (USD mn) -3,274.6 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (USD mn) -5,325.0 Feb 2024 monthly Jan 1957 - Feb 2024
Hungary (USD mn) 0.0 Feb 2024 monthly Jan 1976 - Feb 2024
Iceland (USD mn) -111.0 Feb 2024 monthly Jan 1957 - Feb 2024
India (USD mn) -18,710.0 Feb 2024 monthly Jan 1957 - Feb 2024
Indonesia (USD mn) 867.0 Feb 2024 monthly Jan 1967 - Feb 2024
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 9,552.3 Jan 2024 monthly Jan 1970 - Jan 2024
Israel (USD mn) -2,822.3 Feb 2024 monthly Jan 1988 - Feb 2024
Italy (USD mn) 7,379.7 Jan 2024 monthly Jan 1993 - Jan 2024
Ivory Coast (USD mn) 1,715.9 Dec 2023 monthly Jan 1981 - Dec 2023
Japan (USD mn) -3,018.4 Feb 2024 monthly Apr 1995 - Feb 2024
Jordan (USD mn) -942.6 Jan 2024 monthly Jan 1972 - Jan 2024
Kazakhstan (USD mn) 1,721.3 Jan 2024 monthly Sep 1995 - Jan 2024
Kenya (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
South Korea (USD mn) 4,279.0 Mar 2024 monthly Jan 1966 - Mar 2024
Kosovo (USD mn) -429.0 Feb 2024 monthly Jan 2003 - Feb 2024
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -806.2 Jan 2024 monthly Jan 2002 - Jan 2024
Laos (USD mn) 97.3 Sep 2023 quarterly Dec 1992 - Sep 2023
Latvia (USD mn) -259.2 Feb 2024 monthly Jan 1995 - Feb 2024
Lebanon (USD mn) -397.4 Aug 2023 monthly Jan 1993 - Aug 2023
Lithuania (USD mn) -125.5 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (USD mn) -668.8 Jan 2024 monthly Jan 1988 - Jan 2024
Macau SAR, China (USD mn) -977.3 Feb 2024 monthly Jan 1998 - Feb 2024
North Macedonia (USD mn) -309.5 Feb 2024 monthly Dec 1993 - Feb 2024
Malawi (USD mn) -42.8 Feb 2023 monthly Jan 1964 - Feb 2023
Malaysia (USD mn) 2,506.1 Feb 2024 monthly Jan 1990 - Feb 2024
Malta (USD mn) -188.9 Feb 2024 monthly Jan 1960 - Feb 2024
Mauritius (USD mn) -310.5 Jan 2024 monthly Jan 2006 - Jan 2024
Mexico (USD mn) -1,609.5 Feb 2024 monthly Jan 1993 - Feb 2024
Moldova (USD mn) -498.7 Dec 2023 monthly Jan 1992 - Dec 2023
Mongolia (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Montenegro (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Morocco (USD mn) -4,150.1 Feb 2024 monthly Jan 1957 - Feb 2024
Mozambique (USD mn) 89.3 Dec 2023 monthly Jan 2011 - Dec 2023
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -893.2 Mar 2024 monthly Aug 1974 - Mar 2024
Netherlands (USD mn) 12,662.3 Feb 2024 monthly Jan 1996 - Feb 2024
New Zealand (USD mn) -133.5 Feb 2024 monthly Jan 1960 - Feb 2024
Nigeria (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Norway (USD mn) 4,906.7 Feb 2024 monthly Jan 1957 - Feb 2024
Oman (USD mn) 2,280.9 Jan 2024 monthly Jan 1975 - Jan 2024
Pakistan (USD mn) -2,171.0 Mar 2024 monthly Jan 1968 - Mar 2024
Palestinian Territory (USD mn) -354.9 Jan 2024 monthly Jan 2011 - Jan 2024
Panama (USD mn) -1,031.9 Jan 2024 monthly Jan 1964 - Jan 2024
Paraguay (USD mn) 95.4 Mar 2024 monthly Jan 1994 - Mar 2024
Peru (USD mn) 1,473.3 Jan 2024 monthly Jan 1985 - Jan 2024
Philippines (USD mn) -3,647.5 Feb 2024 monthly Jan 1957 - Feb 2024
Poland (USD mn) 1,590.4 Jan 2024 monthly Jan 1986 - Jan 2024
Portugal (USD mn) -2,543.2 Feb 2024 monthly Jan 1957 - Feb 2024
Qatar (USD mn) 4,964.0 Feb 2024 monthly Jan 2014 - Feb 2024
Romania (USD mn) -2,346.4 Feb 2024 monthly Aug 1990 - Feb 2024
Russia (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Saudi Arabia (USD mn) 111,202.9 2023 yearly 1957 - 2023
Serbia (USD mn) -769.3 Feb 2024 monthly Jan 2001 - Feb 2024
Singapore (USD mn) 4,438.4 Feb 2024 monthly Jan 1976 - Feb 2024
Slovakia (USD mn) 700.9 Feb 2024 monthly Jan 2004 - Feb 2024
Slovenia (USD mn) -1,069.1 Feb 2024 monthly Nov 1991 - Feb 2024
South Africa (USD mn) 738.4 Feb 2024 monthly Oct 2004 - Feb 2024
Spain (USD mn) -3,292.3 Jan 2024 monthly Feb 1974 - Jan 2024
Sri Lanka (USD mn) -319.1 Feb 2024 monthly Jan 1982 - Feb 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 891.9 Feb 2024 monthly Jan 1957 - Feb 2024
Switzerland (USD mn) 4,304.1 Feb 2024 monthly Jan 1957 - Feb 2024

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Qatar Key Series

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Includes 206 key indicators for Qatar, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 5.5 Jun 2023 quarterly Mar 2011 - Jun 2023
Consolidated Fiscal Balance (USD mn) 384.615 Dec 2023 quarterly Mar 2011 - Dec 2023
National Government Debt (USD mn) 26,518.7 2012 yearly 2003 - 2012
Government Debt: % of GDP (%) 15.0 2012 yearly 2006 - 2012
Forecast: Government Expenditure (QAR bn) 249.083 2028 yearly 1990 - 2028
Forecast: Government Net Debt (QAR bn) 346.453 2028 yearly 1990 - 2028
Forecast: Government Revenue (QAR bn) 343.667 2028 yearly 1990 - 2028
General Government Revenue (QAR mn) 55,600.000 Dec 2023 quarterly Mar 2011 - Dec 2023
General Government Balance (QAR mn) 1,400.000 Dec 2023 quarterly Mar 2011 - Dec 2023
General Government Expenditure (QAR mn) 54,200.000 Dec 2023 quarterly Mar 2011 - Dec 2023
General Government Expenditure: Salaries and Wages (QAR mn) 16,900.000 Dec 2023 quarterly Mar 2019 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 8.685 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,964.0 Feb 2024 monthly Jan 2014 - Feb 2024
Total Exports (USD mn) 7,739.3 Feb 2024 monthly Jan 1998 - Feb 2024
Total Exports Growth (%) -9.2 Feb 2024 monthly Jan 1999 - Feb 2024
Aluminum: Exports (USD th) 2,093,672.588 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 38,487.089 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 31,566.854 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,387.4 Apr 2023 monthly Jan 1998 - Apr 2023
Total Imports Growth (%) 24.6 Feb 2024 monthly Jan 1999 - Feb 2024
Imports: Medicament (USD th) 519,194.263 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 266,626.598 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 139.709 Dec 2023 monthly Jan 1989 - Dec 2023
Total Imports from USA (USD mn) 358.791 Feb 2024 monthly Jan 1981 - Feb 2024
Total Exports to China (USD mn) 1,975.000 Feb 2024 monthly May 1996 - Feb 2024
Total Imports from China (USD mn) 402.747 Feb 2024 monthly May 1996 - Feb 2024
Exports: SITC: Chemicals and Related Products (QAR mn) 29,265.000 2021 yearly 1989 - 2021
Exports: SITC: Manufactured Goods Classified Chiefly by Materials (QAR mn) 8,206.000 2021 yearly 1989 - 2021
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (QAR mn) 257,684.000 2021 yearly 1989 - 2021
Exports: SITC: Machinery and Transport Equipment (QAR mn) 8,401.000 2021 yearly 1989 - 2021
Exports: SITC: Crude Materials and Inedible excl Fuels (QAR mn) 2,286.000 2021 yearly 1989 - 2021
Exports: Asia: Singapore (QAR mn) 24,261.305 2022 yearly 2000 - 2022
Exports: Asia: South Korea (QAR mn) 51,998.724 2022 yearly 1994 - 2022
Exports: Asia: India (QAR mn) 55,142.655 2022 yearly 1994 - 2022
Exports: Asia: China (QAR mn) 75,649.288 2022 yearly 1994 - 2022
Exports: Asia: Japan (QAR mn) 45,754.146 2022 yearly 1994 - 2022
Imports: SITC: Other Manufactured Goods (QAR mn) 17,910.000 2021 yearly 1971 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -664.8 Dec 2023 quarterly Mar 2011 - Dec 2023
Current Account Balance (USD mn) 7,030.8 Dec 2023 quarterly Mar 2011 - Dec 2023
Current Account Balance: % of GDP (%) 15.6 Jun 2023 quarterly Mar 2011 - Jun 2023
Foreign Direct Investment (USD mn) 29.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Foreign Direct Investment: % of GDP (%) -0.7 Jun 2023 quarterly Mar 2011 - Jun 2023
Foreign Portfolio Investment (USD mn) -554.121 Dec 2023 quarterly Mar 2011 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -7.7 Jun 2023 quarterly Mar 2011 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 176.6 Sep 2023 quarterly Mar 2011 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -55.220 Sep 2023 quarterly Mar 2011 - Sep 2023
External Debt (USD mn) 194,500.0 2018 yearly 2000 - 2018
External Debt: % of GDP (%) 106.1 2018 yearly 2000 - 2018
Forecast: Current Account Balance (USD bn) 27.380 2028 yearly 1980 - 2028
Foreign Trade Directions: Exports: China (QAR mn) 7,189.000 Feb 2024 monthly May 2017 - Feb 2024
Foreign Trade Directions: Imports: China (QAR mn) 1,466.000 Feb 2024 monthly May 2017 - Feb 2024
Foreign Trade Directions: Imports: United States of America (QAR mn) 1,306.000 Feb 2024 monthly May 2017 - Feb 2024
BoP: Capital & Financial Account: Financial (QAR mn) -28,487.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Other Investment (QAR mn) -12,822.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Goods: Exports: fob (QAR mn) 89,779.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Income: Debit (QAR mn) -20,542.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Portfolio Investment (QAR mn) -11,756.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Services: Debit (QAR mn) -38,355.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Net Errors and Omissions (QAR mn) -1,566.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Change in Reserves (QAR mn) -4,078.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Goods (QAR mn) 62,709.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Overall Balance (QAR mn) 4,078.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Income (QAR mn) -5,154.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Capital (QAR mn) -59.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Transfers (QAR mn) -12,723.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Services (QAR mn) -10,642.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Income: Credit (QAR mn) 15,388.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Other Investment: Assets (QAR mn) 2,956.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Net Financial Derivatives (QAR mn) 1,378.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Portfolio Investment: Assets (QAR mn) -12,198.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Goods: Imports: fob (QAR mn) -27,070.000 Sep 2023 quarterly Mar 2011 - Sep 2023
Balance of Payments (BoP): Current Account (QAR mn) 34,190.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Direct Investment (QAR mn) -5,287.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Services: Credit (QAR mn) 27,713.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Other Investment: Liabilities (QAR mn) -15,778.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Capital & Financial Account: Financial: Portfolio Investment: Liabilities (QAR mn) 442.000 Sep 2023 quarterly Mar 2011 - Sep 2023
BoP: Current Account: Transfers: Debit (QAR mn) -15,252.000 Dec 2018 quarterly Mar 2011 - Dec 2018
Foreign Direct Investment: Financial and Insurance Activities (QAR mn) 12,900.000 2017 yearly 2008 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.7 2022 yearly 2000 - 2022
Money Supply M1 (USD mn) 43,067.363 Feb 2024 monthly Jan 1982 - Feb 2024
Money Supply M2 (USD mn) 205,354.808 Feb 2024 monthly Jan 1982 - Feb 2024
M2 Growth (%) 6.5 Feb 2024 monthly Jan 1983 - Feb 2024
Reserve Requirement Ratio (%) 4.5 Mar 2024 monthly Jan 2003 - Mar 2024
Foreign Exchange Reserves (USD mn) 43,406.1 Feb 2024 monthly Dec 1966 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 18.904 Jun 2023 quarterly Dec 2010 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 15.6 Feb 2024 monthly Jan 1998 - Feb 2024
Gold Reserves (USD mn) 6,706.346 Feb 2024 monthly Dec 1966 - Feb 2024
Total Deposits (USD mn) 282,595.247 Feb 2024 monthly Dec 2001 - Feb 2024
Total Deposits Growth (%) 8.3 Feb 2024 monthly Dec 2002 - Feb 2024
Domestic Credit (USD mn) 382,380.1 Feb 2024 monthly Jan 2007 - Feb 2024
Domestic Credit Growth (%) 3.7 Feb 2024 monthly Jan 2008 - Feb 2024
Total Loans (USD mn) 360,692.967 Feb 2024 monthly Jan 1982 - Feb 2024
Total Loans Growth (%) 5.31 Feb 2024 monthly Jan 1983 - Feb 2024
Private Debt: % of Nominal GDP (%) 101.37 Jun 2023 quarterly Dec 2011 - Jun 2023
Money Supply: M3: M2: M1 (QAR mn) 156,765.200 Feb 2024 monthly Apr 2004 - Feb 2024
Money Supply: M3: M2 (QAR mn) 747,491.500 Feb 2024 monthly Apr 2004 - Feb 2024
Money Supply: M3 (QAR mn) 860,197.900 Feb 2024 monthly Jan 1982 - Feb 2024
Money Supply: M3: M2: M1: Currency in Circulation (QAR mn) 11,243.900 Dec 2018 monthly Jan 1982 - Dec 2018
International Reserves (QAR mn) 246,497.600 Feb 2024 monthly Apr 2004 - Feb 2024
Deposits: Commercial Banks (QAR mn) 1,028,646.700 Feb 2024 monthly Dec 2001 - Feb 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
BCI: Mining and Quarrying: Overall (%) 15.800 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Construction: Overall (%) 21.300 Jun 2020 quarterly Jun 2014 - Jun 2020
Business Confidence Index (BCI): Overall (%) 20.200 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Services: Overall (%) 22.600 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Manufacturing: Overall (%) 22.000 Jun 2020 quarterly Jun 2014 - Jun 2020

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