Summary
- Qatar → South Korea
- $14.1billion
- South Korea → Qatar
- $687million
- Qatar’s balance
- $13.4billion
Balance
Qatar’s trade balance with South Korea
Trade between Qatar and South Korea grew 52.7-fold since 1995
USD billions (current). Qatar’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 14.1
- Imports 0.7
- Balance +13.4
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $231 million | $49 million | $183 million |
| 1996 | $344 million | $44 million | $300 million |
| 1997 | $722 million | $53 million | $669 million |
| 1998 | $526 million | $76 million | $450 million |
| 1999 | $868 million | $97 million | $771 million |
| 2000 | $2.2 billion | $253 million | $1.9 billion |
| 2001 | $2.4 billion | $238 million | $2.2 billion |
| 2002 | $2.2 billion | $203 million | $2 billion |
| 2003 | $2.9 billion | $419 million | $2.5 billion |
| 2004 | $3.5 billion | $250 million | $3.2 billion |
| 2005 | $5.6 billion | $743 million | $4.8 billion |
| 2006 | $7 billion | $1.1 billion | $5.9 billion |
| 2007 | $9.7 billion | $1.5 billion | $8.2 billion |
| 2008 | $10.6 billion | $2.1 billion | $8.5 billion |
| 2009 | $8.3 billion | $1.3 billion | $7 billion |
| 2010 | $11.5 billion | $797 million | $10.7 billion |
| 2011 | $13.9 billion | $469 million | $13.5 billion |
| 2012 | $18 billion | $841 million | $17.2 billion |
| 2013 | $20.4 billion | $1.1 billion | $19.3 billion |
| 2014 | $24.8 billion | $1.2 billion | $23.6 billion |
| 2015 | $16.5 billion | $951 million | $15.5 billion |
| 2016 | $9.9 billion | $761 million | $9.1 billion |
| 2017 | $10.9 billion | $607 million | $10.3 billion |
| 2018 | $16.1 billion | $619 million | $15.5 billion |
| 2019 | $12.4 billion | $409 million | $12 billion |
| 2020 | $7.6 billion | $329 million | $7.2 billion |
| 2021 | $11.5 billion | $433 million | $11.1 billion |
| 2022 | $16.4 billion | $551 million | $15.8 billion |
| 2023 | $14.8 billion | $791 million | $14.1 billion |
| 2024 | $14.1 billion | $687 million | $13.4 billion |
What they sell each other
What Qatar sells to South Korea
The top 10 headings in 2024, with their share of the total.
What South Korea sells to Qatar
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Hamad Port and Busan is 6,248 nautical miles (11,572 km) long: ≈ 14.5–18.5 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
South Korea was Qatar’s 2nd largest trading partner (12% of its trade), and Qatar was South Korea’s 19th (1%).
- South Korea in Qatar’s trade
- 11.8%
- South Korea’s rank among Qatar’s partners
- 2nd
- Qatar in South Korea’s trade
- 1.1%
- Qatar’s rank among South Korea’s partners
- 19th
Compare with
Other partners of Qatar
Other partners of South Korea
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.