The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Annual Foreign Merchandise Trade Statistics, Year 2022 - State of Qatar", comprising Annual data on imports, exports, re-exports, and trade balance. The bulletin presents detailed statistics of the foreign merchandise trade of Qatar by commodity and partner country. Year-on-Year (Y-o-Y) percentage changes are also provided.
Foreign Merchandise Trade Balance: In Year 2022, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 354.8 billion, up from QR 215.6 billion in Year 2021.
Total Exports: In Year 2022, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 476.7 billion, increased by QR 159.3 billion (50.2%) compared to Year 2021 total exports of QR 317.4 billion.
The Year 2022 to Year 2021 (Y-o-Y) increase in total exports was mainly due to increase exports of Mineral fuels, lubricants, and related materials by QR 148.2 billion (55.3%), Chemicals and related products nes by QR 7.5 billion (25.7%), Manufactured goods classified chiefly by material by QR 2.4 billion (28.9%), Crude Materials, Inedible, Except Fuels by QR 1.2 billion (52.8%), Miscellaneous Manufactured Articles by QR 0.9 billion (85.2%). On other hand, decreases were recorded mainly in Machinery and Transport Equipment by QR 1.0 billion (11.3%).
Imports: The value of Qatar’s imports in Year 2022 was QR 121.9 billion; increased by QR 20.0 billion (19.6%) compared to Year 2021 imports of QR 101.9 billion.
The Year 2022 to Year 2021 (Y-o-Y) increase in imports reflected increases in Miscellaneous manufactured articles by QR 9.0 billion (50.2%), Machinery and transport equipment by QR 3.4 billion (8.6%), Food and Live Animals by 3.3 billion (31.1%), Chemicals and Related Products n.e.s by QR 1.3 billion (12.7%), Manufactured goods classified chiefly by material by QR 1.3 billion (8.2%), Mineral Fuels, Lubricants and Related Materials by QR 1.1 billion (102.4%), and Crude materials, and inedible, except fuels, by QR 0.5 billion (11.8%).
Major Export/Import Partners: During Year 2022, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 66.2% and 39.5% respectively, followed by the European Union, accounting for 22.7% and 27.1% respectively, and GCC, with 6.8% and 5.4% respectively.
