Qatar Balance of Trade

Qatar recorded a trade surplus of 92260 QAR Million in the fourth quarter of 2013. Balance of Trade in Qatar is reported by the Qatar Central Bank. Balance of Trade in Qatar averaged 43966.57 QAR Million from 2004 until 2013, reaching an all time high of 102950 QAR Million in the first quarter of 2013 and a record low of 7385 QAR Million in the second quarter of 2005. 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. This page provides - Qatar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
92260.00 94775.00 102950.00 7385.00 90954.67 | 2014/03 2004 - 2013 QAR Million Quarterly

TO

Qatar Balance of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 92260.00 2013-12-31 94775.00 102950.00 7385.00 90954.67 2014-03-31 QAR Million [+]
Current Account 51181.00 2013-11-15 52692.00 67844.00 -2127.00 48778.52 2014-03-31 QAR Million [+]
Crude Oil Production 1200.00 2013-10-15 1200.00 1300.00 145.00 Thousands Barrels per Day [+]
Exports 120938.00 2013-12-31 123976.00 131266.00 14445.00 121456.80 2014-03-31 QAR Million [+]
Imports 28678.00 2013-12-31 29201.00 29201.00 3911.00 30286.90 2014-03-31 QAR Million [+]
Current Account to GDP 29.50 2012-12-31 30.00 106.80 -31.00 35.17 2013-12-31 Percent [+]
[+]


Balance of Trade | Notes
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.


RELATED NEWS

Qatar Current Account at 51181.00 QAR Million  
Qatar recorded a Current Account surplus of 51181 QAR Million in the fourth quarter of 2013. Current Account in Qatar is reported by the Qatar Central Bank.
Qatar Balance of Trade at 92260.00 QAR Million  
Qatar recorded a trade surplus of 92260 QAR Million in the fourth quarter of 2013. Balance of Trade in Qatar is reported by the Qatar Central Bank.
Qatar Imports at 28678.00 QAR Million  
Imports in Qatar decreased to 28678 QAR Million in the fourth quarter of 2013 from 29201 QAR Million in the third quarter of 2013. Imports in Qatar is reported by the Qatar Central Bank.
Qatar Exports at 120938.00 QAR Million  
Exports in Qatar decreased to 120938 QAR Million in the fourth quarter of 2013 from 123976 QAR Million in the third quarter of 2013. Exports in Qatar is reported by the Qatar Central Bank.
Qatar Crude Oil Production at 1200.00 Thousands Barrels per Day  
Crude Oil Production in Qatar remained unchanged at 1200 Thousands Barrels per Day in October of 2013 from 1200 Thousands Barrels per Day in September of 2013. Crude Oil Production in Qatar is reported by the U.S. Energy Information Administration.
Qatar Consumer Price Index (CPI) at 116.50 Index Points  
Consumer Price Index (CPI) in Qatar increased to 116.50 Index Points in February of 2014 from 115.90 Index Points in January of 2014. Consumer Price Index (CPI) in Qatar is reported by the Qatar Statistics Authority.
Qatar Government Budget Value at 82583.00 QAR Million  
Qatar recorded a government budget surplus of 82583 QAR Million in 2012. Government Budget Value in Qatar is reported by the Ministry of Economy and Finance, Qatar.
Qatar Government Spending at 146388.00 QAR Million  
Government Spending in Qatar increased to 146388 QAR Million in 2012 from 123792 QAR Million in 2011. Government Spending in Qatar is reported by the Qatar Statistics Authority.
Qatar Inflation Rate at 2.60 Percent  
The inflation rate in Qatar was recorded at 2.60 percent in March of 2014. Inflation Rate in Qatar is reported by the Qatar Statistics Authority.
Qatar Foreign Exchange Reserves at 146324.30 QAR Million  
Foreign Exchange Reserves in Qatar decreased to 146324.30 QAR Million in February of 2014 from 151100 QAR Million in January of 2014. Foreign Exchange Reserves in Qatar is reported by the Qatar Central Bank.
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