Insights for Qatar

MoM insights: 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%).

YoY insights: 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%).