Qatar's major exports encompass petroleum and petroleum products, LNG, petrochemicals, fertilizers, steel, aluminum, chemicals, plastics, cement, and electrical machinery. These commodities contribute significantly to Qatar's economy, driving growth and international trade. The country's closest trading partners vary across industries, with Japan, South Korea, India, China, and the United Arab Emirates featuring prominently in Qatar's export market. Qatar's strategic position as a leading energy exporter and its focus on diversifying its export base continue to shape its role in the global economy.
Petroleum and Petroleum Products
Petroleum and petroleum products constitute the largest share of Qatar's exports. With a substantial export volume of approximately 1.3 million barrels per day (bpd), these products hold an estimated value of $56 billion annually. The primary trading partners for Qatar's petroleum exports include Japan, South Korea, India, and Singapore.
Liquefied Natural Gas (LNG)
Qatar is the world's leading exporter of LNG, capitalizing on its abundant natural gas reserves. The country exports LNG in massive quantities, reaching approximately 77 million tons per year. The export value of LNG amounts to around $35 billion annually. Japan, South Korea, India, and China are the primary trading partners for Qatar's LNG exports.
Petrochemicals
Qatar is a major exporter of petrochemical products, including ethylene, polyethylene, and methanol. The export volume for petrochemicals is significant, valued at approximately $25 billion annually. Qatar's closest trading partners for petrochemical exports include China, Singapore, South Korea, and the United Arab Emirates (UAE).
Fertilizers
Qatar exports a considerable amount of fertilizers, particularly urea and ammonia. With an export value of around $6 billion per year, these products find their closest trading partners in India, China, Brazil, and the United States.
Steel
Steel products are another notable export from Qatar. The country exports a substantial volume of steel, primarily in the form of bars, rods, and wire. The export value for steel products is approximately $3 billion annually. Qatar's closest trading partners in the steel industry include the United Arab Emirates, Saudi Arabia, and Oman.
Aluminum
Qatar exports a significant amount of aluminum products, including ingots and alloys. The export value for aluminum amounts to approximately $2.5 billion annually. The closest trading partners for Qatar's aluminum exports include Italy, Turkey, the United Arab Emirates, and Saudi Arabia.
Chemicals
Chemical products, such as organic chemicals and fertilizers, are important exports for Qatar. The export value for chemicals is approximately $2 billion annually. Qatar's closest trading partners in the chemical industry include China, India, the United Arab Emirates, and Saudi Arabia.
Plastics
Qatar exports a substantial volume of plastic products, including polyethylene and polypropylene. The export value for plastics is approximately $1.5 billion annually. Qatar's primary trading partners for plastic exports include China, India, the United Arab Emirates, and Saudi Arabia.
Cement
Cement is another noteworthy export from Qatar, with the country exporting a significant volume of this construction material. The export value for cement is around $1 billion annually. Qatar's closest trading partners in the cement industry include the United Arab Emirates, Kuwait, Saudi Arabia, and Oman.
Electrical Machinery and Equipment
Qatar exports a range of electrical machinery and equipment, including air conditioning units and electrical transformers. The export value for electrical machinery is approximately $800 million annually. Qatar's primary trading partners for electrical machinery exports include the United Arab Emirates, Saudi Arabia, and the United States.
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