Qatar: Merchandise exports by the reporting economy (current US$)

Key figures

What the numbers say

In 2023, Qatar's merchandise exports by the reporting economy (current US$) fell 25.4% on 2022 (from US$130.14 billion to US$97.06 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +16.8% and a typical year strayed about 30.4% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 71.9% in 2000 and the biggest yearly fall was 39.1% in 1986. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Qatar had the 40th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Qatar in the 2023 ranking

• Iraq — 37th of 205: US$107.39 billion
• South Africa — 38th of 205: US$103.34 billion
• Romania — 39th of 205: US$100.27 billion
• Chile — 41st of 205: US$94.03 billion
• Portugal — 42nd of 205: US$81.53 billion
• Finland — 43rd of 205: US$81.06 billion

What this measures

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Regional and income-group figures are computed by the World Bank as a sum.

All 49 values

Merchandise exports by the reporting economy (current US$) in nearby economies

• Afghanistan — US$438.77 million (2023)
• Algeria — US$54.86 billion (2023)
• Bahrain — US$12.27 billion (2023)
• Djibouti — US$4.79 billion (2023)
• Egypt, Arab Rep. — US$38.98 billion (2023)
• Iran, Islamic Rep. — US$14.07 billion (2023)
• Iraq — US$107.39 billion (2023)
• Israel — US$59.13 billion (2023)
• Jordan — US$11.12 billion (2023)

More private sector & trade data for Qatar

• Merchandise imports (current US$) — US$37.54 billion (2025)
• Merchandise exports (current US$) — US$88.77 billion (2025)
• Merchandise trade (% of GDP) — 58.6% (2025)
• Merchandise imports from economies in the Arab World (% of total merchandise imports) — 8.7% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 65.91% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 32.26% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 19.6% (2023)
• Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Qatar's merchandise exports by the reporting economy (current US$)?

US$97.06 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1972?

It is up 26,330% from US$367.22 million in 1972 (11.56% a year on average, compounded). The highest value was US$132.44 billion in 2013 and the lowest US$367.22 million in 1972.

How does Qatar rank?

40th highest of 205 economies with data for 2023.

Is the latest change in merchandise exports by the reporting economy (current US$) unusual for Qatar?

In 2023, Qatar's merchandise exports by the reporting economy (current US$) fell 25.4% on 2022 (from US$130.14 billion to US$97.06 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +16.8% and a typical year strayed about 30.4% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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