The Planning and Statistics Authority (PSA) is pleased to publish the Press Release on "Annual Foreign Merchandise Trade Statistics, Year 2021 - 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 2021, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 215.6 billion, up from QR 93.4 billion in Year 2020.
Total Exports: In Year 2021, the value of Qatar’s total exports (including exports of domestic goods and re-exports) amounted to QR 317.4 billion, increased by QR 129.9 billion (69.3%) compared to Year 2020 total exports of QR 187.5 billion.
The Year 2021 to Year 2020 (Y-o-Y) increase in total exports was mainly due to increase exports of Mineral fuels, lubricants and related materials by QR 114.5 billion (74.7%), Chemicals and related products nes by QR 11.0 billion (60.4%), Manufactured goods classified chiefly by material by QR 2.6 billion (47.5%), Crude Materials, Inedible, Except Fuels by QR 2.0 billion (662.0%), and Machinery and Transport Equipment by QR 1.6 billion (23.1%). On other hand, decreases were recorded mainly in and Miscellaneous Manufactured Articles by QR 1.8 billion (63.1%).
Imports: The value of Qatar’s imports in Year 2021 was QR 101.9 billion; increased by QR 7.8 billion (8.3%) compared to Year 2020 imports of QR 94.0 billion.
The Year 2021 to Year 2020 (Y-o-Y) increase in imports reflected increases in Machinery and transport equipment by QR 1.7 billion (4.5%), Miscellaneous manufactured articles by QR 1.66 billion (10.3%), Manufactured goods classified chiefly by material by QR 1.5 billion (10.2%), Crude materials, and inedible, except fuels, by QR 1.3 billion (46.8%), and Chemicals and Related Products n.e.s by QR 0.8 billion (8.6%). On other hand, decreases were recorded mainly in Food and Live Animals by 0.4 billion (3.5%).
Major Export/Import Partners: During Year 2021, Asia was the principal destination of Qatar’s exports and the first origin of Qatar’s imports, representing 74.3% and 41.6% respectively, followed by the European Union, accounting for 12.4% and 30.3% respectively, and GCC, with 6.8% and 3.4% respectively.
