The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Quarterly Foreign Merchandise Trade Statistics, Q4 2022 State of Qatar", comprising quarterly 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. Quarter-on-Quarter (Q-o-Q) percentage changes are also provided.
Foreign Merchandise Trade Balance: In Q4 2022, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 79.6 billion up from QR 71.4 billion in Q4 2021.
Total Exports: In Q4 2022, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 113.5 billion, increased by QR 13.5 billion (13.5%) compared to Q4 2021 which amounted total exports of QR 100.0 billion. And decreased by nearly QR 20.1 billion or 15.0% compared to Q3 2022.
The Q4 2022 year on year (Y-o-Y) increase in total exports was mainly due to higher exports of Mineral fuels, lubricants, and related materials by QR 13.6 billion (15.8%), Manufactured Goods Classified Chiefly by Material by QR 0.1 billion (5.0%), Miscellaneous Manufactured Articles by QR 0.1 billion (32.1%), Chemicals and Related Products n.e.s. by QR 0.03 billion (0.3%). On other hand decreases was recorded mainly in Crude Materials, Inedible, Except Fuels by QR 0.3 billion (36.1%).
Imports: The value of Qatar’s imports in Q4 2022 was QR 33.9 billion; increased by QR 5.3 billion (18.5%) compared to Q4 2021 imports of QR 28.6 billion. And increased by nearly QR 2.4 billion or 7.7% compared to Q3 2022.
The Q4 2022 (Y-o-Y) increase in imports values is mainly due to increases in Miscellaneous Manufactured Articles by QR 3.8 billion (76.3%), Food and Live Animals by QR 0.9 billion (34.0%), Manufactured Goods Classified Chiefly by Material by QR 0.5 billion (10.9%), Machinery and Transport Equipment by QR 0.1 billion (0.9%), On other hand decreases was recorded mainly in Crude Materials, Inedible, Except Fuels by 0.1 billion (11.2%).
Major Export/Import Partners: During Q4 2022, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 66.1% and 36.4% respectively, followed by the European Union, accounting for 24.0% and 25.9% respectively, and GCC, with 6.3% and 4.6% respectively.
