Data Insights

Overall, Qatar's total trade value for the month decreased by 862.26M QAR for exports, totaling 24.15B QAR, and imports decreased by 1.2B QAR, totaling 11.81B QAR. Year-on-year, imports increased by 1.43B QAR, while exports saw a decline of 3.86B QAR. This indicates a challenging trade environment, likely influenced by geopolitical tensions and economic factors affecting trade flows.

In the month-on-month analysis, Qatar's imports saw significant changes with the highest increase in imports from Qatar itself at 309.72M QAR, followed by Germany with 579.58M QAR, and Bahrain at 207.85M QAR. Conversely, the largest decreases were observed in imports from China at 2.02B QAR, Italy at 520.46M QAR, and the United States at 1.43B QAR. For exports, the top increases were from Singapore at 1.87B QAR, Italy at 1.01B QAR, and the United Kingdom at 515.7M QAR. The largest decreases in exports were from South Korea at 1.87B QAR, Chinese Taipei at 1B QAR, and China at 4.51B QAR.

In the year-on-year analysis, imports from the United Arab Emirates showed the highest increase at 835.21M QAR, followed by Qatar itself at 309.72M QAR, and Switzerland at 509.86M QAR. The largest declines were in imports from the United Kingdom at 318.56M QAR, the United States at 1.43B QAR, and Singapore at 168.65M QAR. For exports, the most significant increase was from the United Arab Emirates at 2.14B QAR, followed by the United Kingdom at 515.7M QAR, and Bangladesh at 884.29M QAR. The largest decreases were seen in exports to Belgium at 195.36M QAR, Japan at 1.41B QAR, and China at 4.51B QAR.

Overall, Qatar's trade dynamics show a mixed picture. While imports have seen a slight increase both month-on-month and year-on-year, exports have significantly declined in both comparisons. The total trade value reflects a complex interplay of global economic factors, particularly influenced by regional tensions and investment challenges. The total trade flow indicates a robust import sector, but the export sector is under pressure, likely due to external market conditions and geopolitical influences.

In the month-on-month analysis, Qatar's imports totaled 13.01 billion QAR, reflecting a modest increase of 169.25 million QAR (approximately 1.32%). The top three countries contributing to this increase were China (425.14 million QAR), France (159.34 million QAR), and the United Arab Emirates (133.09 million QAR). Conversely, the bottom three were Germany (-521.36 million QAR), Japan (-166.88 million QAR), and Bahrain (-149.33 million QAR). For exports, the total was 25.01 billion QAR, but it saw a significant decline of 1.9 billion QAR (about -7.05%). The leading contributors to this decline were Singapore (-915.49 million QAR), Japan (-529.7 million QAR), and Italy (-415.19 million QAR).

In the year-on-year analysis, imports reached 13.01 billion QAR, marking an increase of 1.5 billion QAR (approximately 13.01%). The top contributors were Italy (467.78 million QAR), China (463.19 million QAR), and the United States (449.7 million QAR). The bottom performers included Japan (-190.85 million QAR), Sweden (-132.14 million QAR), and South Korea (-113.49 million QAR). Exports totaled 25.01 billion QAR, but this represented a decrease of 3.99 billion QAR (about -13.77%). The top contributors to this decline were China (-1.23 billion QAR), Singapore (-1.03 billion QAR), and Japan (-927.57 million QAR).

Overall, Qatar's total trade value for imports reached 12.17B QAR, with a slight month-on-month increase of 38.13M QAR (0.31%) but a year-on-year decrease of 203.03M QAR (-1.64%). Exports totaled 25.73B QAR, showing a month-on-month decline of 691.97M QAR (-2.62%) and a year-on-year decrease of 1.79B QAR (-6.50%). The trade balance indicates a challenging environment for exports, particularly in the context of recent news regarding Iran's improved trade balance with Qatar.

In the month-on-month analysis, imports from Colombia saw the highest increase with a trade value of 267.56M QAR, reflecting a significant rise of 129.51%. Switzerland followed with 658.52M QAR, showing a 0.56% increase. South Korea also experienced a notable rise with 295.22M QAR, marking a 1.97% increase. On the other hand, the lowest decreases were observed in imports from the United States at 1.52B QAR, with a decline of 33.52%. Indonesia's imports dropped to 86.65M QAR, down by 83.49%. Italy's imports decreased to 491.58M QAR, reflecting a 43.60% decline. In exports, Chinese Taipei led with 1.81B QAR, increasing by 25.13%. Japan's exports reached 2.38B QAR, up by 15.04%. The United States also saw a rise to 658.65M QAR, with a 52.77% increase. Conversely, the lowest decreases in exports were from Indonesia at 124.35M QAR, down by 77.22%. Singapore's exports fell to 1.44B QAR, down by 21.95%. Bangladesh's exports decreased to 390.52M QAR, reflecting a 47.09% decline.

In the year-on-year analysis, imports from Switzerland showed the most significant increase with a trade value of 658.52M QAR, up by 75.99%. Colombia followed with 267.56M QAR, reflecting a 17.83% increase. Iran's imports reached 173M QAR, marking a 3.77% rise. The lowest decreases were seen in imports from Turkey at 159.96M QAR, down by 64.68%. Kuwait's imports dropped to 135.65M QAR, down by 59.77%. Italy's imports decreased to 491.58M QAR, reflecting a 28.73% decline. In exports, India led with 3.21B QAR, increasing by 18.87%. Chinese Taipei's exports reached 1.81B QAR, up by 36.19%. Italy's exports also increased to 1.05B QAR, reflecting a 46.07% rise. The lowest decreases in exports were from South Korea at 2B QAR, down by 36.54%. Singapore's exports fell to 1.44B QAR, down by 31.45%. China's exports decreased to 4.32B QAR, reflecting a 9.55% decline.

In summary, Qatar's trade dynamics for the analyzed period indicate a mixed performance. Imports showed a healthy year-on-year growth of 18%, while month-on-month figures reflected a slight decline. Exports, however, faced a year-on-year decrease of 8.8% and a month-on-month drop of 4.8%. The total trade flow reflects these trends, with imports increasing significantly over the year, while exports struggled to maintain their previous levels. The overall trade balance appears to be shifting, with imports gaining strength and exports facing headwinds.

In the month-on-month analysis, Qatar's imports totaled 12.04B QAR, experiencing a decrease of 133.65M QAR, which is a decline of approximately 1.1%. The top three countries contributing to this decline were Colombia, Switzerland, and India, with significant drops in trade values. Conversely, exports reached 24.5B QAR, down by 1.23B QAR, or about 4.8%. The most notable decreases in exports came from Japan, Kuwait, and the United States, indicating a substantial reduction in trade with these partners. Overall, the trade flow showed a negative trend for both imports and exports this month.

Year-on-year, imports increased to 12.04B QAR, with a notable rise of 1.84B QAR, reflecting a growth of approximately 18%. The top contributors to this growth were the United States, Indonesia, and China, showcasing strong trade relationships. In contrast, exports totaled 24.5B QAR, which is a decrease of 2.37B QAR, or about 8.8%. The largest declines were seen with China, South Korea, and Japan, indicating challenges in maintaining export levels with these countries. Overall, while imports showed a positive growth trend, exports faced significant challenges compared to the previous year.

Overall, Qatar's total trade value for the month decreased by 1.13B QAR, with exports totaling 26.42B QAR (down 501.21M QAR or 1.86%) and imports at 12.13B QAR (down 627.51M QAR or 4.92%). Year-on-year, total imports increased by 2.26B QAR (22.86%), while total exports decreased by 1.19B QAR (4.31%).

In the month-on-month analysis, Qatar's imports saw significant increases from Indonesia, Switzerland, and Bahrain, with Indonesia leading at 524.99M QAR, reflecting a 5.5% increase. Conversely, imports from the United States, Germany, and China experienced the largest declines, with the United States dropping by 408.6M QAR, a decrease of 15.19%. For exports, Italy, Chinese Taipei, and Oman had the highest increases, with Italy's exports rising by 973.12M QAR, a remarkable 17.19% increase. On the downside, Japan, China, and Poland faced the largest declines, with Japan's exports decreasing by 898.75M QAR, a 30.28% drop.

Year-on-year, imports from the United States, Indonesia, and Italy showed the most significant increases, with the United States rising by 1.21B QAR, a 113.8% increase. In contrast, Germany, Kuwait, and South Korea saw the largest declines, with Germany's imports decreasing by 123.8M QAR, a 24.95% drop. For exports, the United Arab Emirates, Chinese Taipei, and Indonesia had the highest increases, with the UAE's exports rising by 734.8M QAR, a 60% increase. On the other hand, China, South Korea, and the United States faced the largest declines, with China's exports dropping by 1.12B QAR, a 19.93% decrease.

In summary, Qatar's trade dynamics for the analyzed period show a robust month-on-month increase in both imports and exports, with total exports rising by 2.41B QAR (9.83%) and imports increasing by 805.33M QAR (6.69%). Year-on-year, however, the picture is mixed, with total imports showing a slight increase of 80.01M QAR (0.63%) while total exports decreased significantly by 4.28B QAR (-13.73%). This indicates a potential shift in trade patterns, possibly influenced by global market conditions and bilateral trade agreements.

In the month-on-month analysis, Qatar's imports from China saw the highest increase with a trade value of 2.4B QAR, reflecting a significant rise of 421.66M QAR (21.32%). Germany and Italy followed closely with increases of 339.47M QAR (61.12%) and 334.88M QAR (54.19%) respectively. On the lower end, imports from Indonesia dropped sharply by 408.06M QAR (-83.89%), while the United States and South Korea also experienced declines of 166.09M QAR (-8.81%) and 146.93M QAR (-47.86%). For exports, India led with a remarkable increase of 846.16M QAR (28.94%), followed by China with 816.31M QAR (18.49%) and Japan with 815.95M QAR (77.72%). Conversely, exports to Burma and Brunei saw significant declines, with both recording a drop of 1.23B QAR and 241.72M QAR respectively, indicating a complete halt in trade with Burma. Overall, total exports increased by 2.41B QAR (9.83%) while imports rose by 805.33M QAR (6.69%).

In the year-on-year analysis, imports from China again topped the list with a trade value of 2.4B QAR, marking an increase of 426.24M QAR (21.60%). Germany and Italy also showed strong growth with increases of 364.24M QAR (68.64%) and 294.75M QAR (45.73%) respectively. On the downside, imports from Indonesia fell drastically by 874.41M QAR (-91.78%), with the United States and Kuwait also experiencing declines of 299.15M QAR (-14.82%) and 127.98M QAR (-54.84%). For exports, Bangladesh saw the highest growth with an increase of 382.15M QAR (70.68%), followed by Chinese Taipei with 340.59M QAR (32.13%) and Indonesia with 226.8M QAR (153.84%). However, exports to South Korea and China faced significant declines of 2.02B QAR (-49.44%) and 1.28B QAR (-19.63%) respectively. Overall, total imports increased by 80.01M QAR (0.63%) while total exports decreased by 4.28B QAR (-13.73%).