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Trade between Qatar and Singapore

In 2024, Qatar exported $5.7 billion to Singapore and imported $762 million. Qatar ran a surplus of $4.9 billion with Singapore, compared with a surplus of $4.9 billion in 2019. Singapore was Qatar’s 5th largest trading partner (5% of its trade), and Qatar was Singapore’s 22nd (0.8%).

Summary

Qatar → Singapore
$5.7billion
Singapore → Qatar
$762million
Qatar’s balance
$4.9billion

Balance

Qatar’s trade balance with Singapore

Trade between Qatar and Singapore grew 20.1-fold since 1995

USD billions (current). Qatar’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.7
  • Imports 0.8
  • Balance +4.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$293 million$27 million$266 million
1996$604 million$29 million$575 million
1997$729 million$63 million$666 million
1998$476 million$41 million$435 million
1999$614 million$18 million$596 million
2000$1.2 billion$25 million$1.2 billion
2001$861 million$38 million$823 million
2002$1.1 billion$49 million$1.1 billion
2003$1.4 billion$50 million$1.3 billion
2004$2 billion$127 million$1.9 billion
2005$2.4 billion$146 million$2.2 billion
2006$2.8 billion$208 million$2.6 billion
2007$4.6 billion$379 million$4.2 billion
2008$9.5 billion$271 million$9.2 billion
2009$4.6 billion$205 million$4.4 billion
2010$6.7 billion$190 million$6.5 billion
2011$9.7 billion$183 million$9.5 billion
2012$9.8 billion$180 million$9.6 billion
2013$10.6 billion$655 million$9.9 billion
2014$10.6 billion$404 million$10.2 billion
2015$3.6 billion$192 million$3.4 billion
2016$3 billion$393 million$2.6 billion
2017$5.2 billion$167 million$5 billion
2018$6.8 billion$610 million$6.2 billion
2019$5.4 billion$501 million$4.9 billion
2020$3.5 billion$455 million$3.1 billion
2021$5.2 billion$654 million$4.5 billion
2022$5.3 billion$625 million$4.7 billion
2023$5.8 billion$661 million$5.2 billion
2024$5.7 billion$762 million$4.9 billion

What they sell each other

What Qatar sells to Singapore

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$3.2 billion · 56.6%
    5 million tonnes · Qatar’s destinations
  2. Refined petroleum$1.2 billion · 20.6%
    1.7 million tonnes · Qatar’s destinations
  3. Natural gas and LPG$880 million · 15.5%
    1.7 million tonnes
  4. Sulfur$132 million · 2.3%
    1.3 million tonnes
  5. Steel bars$85 million · 1.5%
    157 thousand tonnes
  6. Hydrogen and rare gases$85 million · 1.5%
    663 tonnes
  7. Open-chain hydrocarbons$72 million · 1.3%
    55 thousand tonnes
  8. Coal tar oils$9 million · 0.16%
    12 thousand tonnes
  9. Turbojets and gas turbines$3 million · 0.05%
    2 tonnes · Singapore’s sources
  10. Tugboats$3 million · 0.05%
    488 tonnes

What Singapore sells to Qatar

The top 10 headings in 2024, with their share of the total.

  1. Jewelry$300 million · 39.3%
    4 tonnes · Singapore’s destinations
  2. Crude petroleum$84 million · 11%
    180 thousand tonnes · Qatar’s sources
  3. Turbojets and gas turbines$65 million · 8.6%
    59 tonnes · Singapore’s destinations
  4. 402 tonnes
  5. Gold$18 million · 2.4%
    Singapore’s destinations
  6. Valves and taps$16 million · 2.1%
    163 tonnes
  7. Open-chain hydrocarbons$14 million · 1.8%
    15 thousand tonnes
  8. Bags, suitcases and cases$14 million · 1.8%
    142 tonnes
  9. Aircraft parts$13 million · 1.7%
    14 tonnes
  10. Other industrial machines$12 million · 1.5%
    125 tonnes

How it travels

Estimated sea route from Hamad Port to Singapore.

The estimated sea route between Hamad Port and Singapore is 3,702 nautical miles (6,856 km) long: ≈ 8.5–11 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Hormuz; and Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.8 billion · 89.7%
  2. Air$663 million · 10.3%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Singapore was Qatar’s 5th largest trading partner (5% of its trade), and Qatar was Singapore’s 22nd (0.8%).

Singapore in Qatar’s trade
5.1%
Singapore’s rank among Qatar’s partners
5th
Qatar in Singapore’s trade
0.8%
Qatar’s rank among Singapore’s partners
22nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.