🇶🇦 Qatar exports of crude oil: 2024 trade data
Qatar exported $21.04 billion of crude oil in 2024 (34.65 million tonnes). Its share of world exports was 2%. Value fell 13% from 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average. The peak in this period was 2022, at $26.38 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of crude oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $21.04B | 34.65M t |
| 2023 | $24.21B | 39.30M t |
| 2022 | $26.38B | 35.37M t |
| 2021 | $17.90B | 35.38M t |
| 2020 | $12.26B | 36.26M t |
| 2019 | $18.30B | 34.07M t |
| 2018 | $20.85B | 37.62M t |
| 2017 | $11.37B | 27.33M t |
Where Qatar exports crude oil to
Most of it went to China (27%), South Korea (22%), Singapore (15%). Among the main buyer markets, Malaysia grew fastest (+235% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇳 China | $5.68B | 27% |
| 🇰🇷 South Korea | $4.65B | 22% |
| 🇸🇬 Singapore | $3.17B | 15% |
| 🇯🇵 Japan | $2.80B | 13% |
| Taiwan | $1.14B | 5.4% |
| 🇹🇭 Thailand | $1.02B | 4.9% |
| 🇮🇳 India | $931.0M | 4.4% |
| 🇲🇲 Myanmar | $839.6M | 4% |
| 🇲🇾 Malaysia | $585.4M | 2.8% |
| 🇵🇰 Pakistan | $98.0M | 0.5% |
Average export price of crude oil
The average declared value was about $0.61 per kg, close to the world average of $0.54.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Qatar also imports crude oil
Qatar imported $1.77 billion of crude oil in 2024 (2.87 million tonnes). Most of the value came from Kuwait (36%), Oman (21%), Malaysia (11%). Among the main suppliers, Netherlands grew fastest (+430% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇰🇼 Kuwait | $633.4M | 36% |
| 🇴🇲 Oman | $364.9M | 21% |
| 🇲🇾 Malaysia | $191.1M | 11% |
| 🇮🇳 India | $92.9M | 5.3% |
| 🇸🇬 Singapore | $83.8M | 4.7% |
| 🇮🇹 Italy | $76.6M | 4.3% |
| 🇸🇪 Sweden | $55.4M | 3.1% |
| 🇧🇷 Brazil | $48.0M | 2.7% |
| 🇪🇸 Spain | $47.2M | 2.7% |
| 🇳🇱 Netherlands | $36.1M | 2% |
Who is behind these numbers in Qatar?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Crude oil trade in Qatar: questions
What is the value of crude oil imported by Qatar?
Qatar imported crude oil worth $1.77 billion in 2024 (2.87 million tonnes).
Where does Qatar import crude oil from?
The main supplier countries in 2024 were Kuwait (36%), Oman (21%), Malaysia (11%).
What is the average import price of crude oil in Qatar?
The average declared import value was about $0.62 per kg in 2024, against a world average of $0.54 per kg.
Does Qatar export crude oil?
Yes. Qatar exported crude oil worth $21.04 billion in 2024, mainly to China, South Korea, Singapore.
What is the HS code for crude oil?
Crude oil falls under HS heading 2709 (Petroleum oils and oils obtained from bituminous minerals; crude). The six-digit codes under it split the product by type.
How can I find the companies trading crude oil with Qatar?
These public statistics stop at country level. EximDataX builds Qatar trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Crude oil trade in other countries
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