Qatar's inorganic chemicals exports rose to $3.8 Bn in 2023

Qatar's inorganic chemicals exports rose to $3.8 Bn in 2023

 
Qatar is one of the most prominent markets for the chemicals. The key exports of Qatar include crude, refined petroleum, fertilisers, petroleum gas and ethylene polymers. According to Qatar import export data reports, the overall chemical exports of Qatar were recorded to be $3.8 Billion in 2023. These were mostly minerals and chemical fertilisers, nitrogenous. Chemicals were responsible for the 15% share of the country’s total exports.

Singapore and the United States were the biggest markets for Qatar's chemical exports. Nearly 50% of Qatar's overall mineral and chemical fertilisers went to Singapore and the United States. Some other profitable markets for Qatar's chemical exports were Bangladesh, Australia, Switzerland and the United Arab Emirates. Also, there was notable growth in Qatar's chemical exports to Uruguay, Thailand, Philippines and India.


Qatar export data shows that Qatar Chemical and Petrochemical was the leading chemical export company from Qatar accounting for nearly 20% of the country's overall chemical exports. Kisan International Trading, Air Liquide Global Helium and Air Products (Middle East) were among the emerging chemical export companies from Qatar. 


As per Qatar import data of chemicals, Qatar imported nearly $10 million during 2023. The majority of Qatar's chemical imports came from the Netherlands which had over 33% share in the country's total chemical imports. Australia, Norway and Belgium were other significant chemicals suppliers to Qatar. Jaidah Motors, Qatar Lubricants Company, Jaidah Energy, and Qatar Detergent accounted for the maximum shipments during last year. 


Apart from chemicals, Qatar's aluminium and steel exports grew by 5% and 150% respectively. Whereas, there was a 54% decline in the fuel commodities exports such as industrial oils, base oils, paraffin, lotrene, etc. Asian countries were the top markets for the Qatar goods exports responsible for 34% market share. 27% of the country went to European countries followed by the USA (1.8%), African countries (0.7%), other American countries (0.16%) and Oceania countries (0.14%).


Whereas, Qatar key imports were motor cars, gas turbines, jewellery, gold, refined petroleum, iron ore. China was the most favoured destination for Qatar imports. China was responsible for 13% of Qatar's overall imports. The United Arab Emirates and United States were other prominent markets for imports with Qatar having 15% share. Some of the fastest growing markets were the United Kingdom, Germany, Italy and France.


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