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Trade between Qatar and Switzerland

In 2024, Qatar exported $439 million to Switzerland and imported $954 million. Qatar ran a deficit of $514 million with Switzerland, compared with a deficit of $411 million in 2019. Switzerland was Qatar’s 20th largest trading partner (1% of its trade), and Qatar was Switzerland’s 55th (0.2%).

Summary

Qatar → Switzerland
$439million
Switzerland → Qatar
$954million
Qatar’s balance
-$514million

Balance

Qatar’s trade balance with Switzerland

Trade between Qatar and Switzerland grew 15.4-fold since 1995

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

  • Exports 0.4
  • Imports 1
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$157 thousand$90 million-$90 million
1996$58 thousand$51 million-$51 million
1997$37 thousand$57 million-$57 million
1998$56 thousand$47 million-$47 million
1999$4 million$43 million-$39 million
2000$5 million$93 million-$88 million
2001$518 thousand$101 million-$100 million
2002$6 million$97 million-$91 million
2003$4 million$94 million-$90 million
2004$80 million$195 million-$115 million
2005$69 million$145 million-$76 million
2006$238 million$261 million-$23 million
2007$91 million$359 million-$267 million
2008$228 million$469 million-$240 million
2009$148 million$544 million-$397 million
2010$162 million$430 million-$268 million
2011$150 million$434 million-$285 million
2012$244 million$991 million-$747 million
2013$166 million$909 million-$743 million
2014$165 million$1.1 billion-$931 million
2015$281 million$1.1 billion-$863 million
2016$296 million$1.1 billion-$761 million
2017$137 million$710 million-$573 million
2018$395 million$916 million-$521 million
2019$454 million$865 million-$411 million
2020$490 million$615 million-$125 million
2021$231 million$879 million-$647 million
2022$729 million$2 billion-$1.3 billion
2023$440 million$875 million-$434 million
2024$439 million$954 million-$514 million

What they sell each other

What Qatar sells to Switzerland

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

  1. Jewelry$283 million · 64.3%
    Switzerland’s sources
  2. Sulfur$113 million · 25.7%
    1.1 million tonnes
  3. Precious metal watches$16 million · 3.6%
  4. Other wristwatches$8 million · 1.8%
  5. Aircraft parts$4 million · 1%
    6 tonnes
  6. 7 tonnes
  7. Silver$2 million · 0.45%
    2 tonnes
  8. Natural gas and LPG$2 million · 0.35%
    2 thousand tonnes
  9. Refined petroleum$1 million · 0.3%
    942 tonnes · Qatar’s destinations
  10. 1 tonne

What Switzerland sells to Qatar

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

  1. Other wristwatches$195 million · 20.5%
    14 tonnes
  2. Gold$170 million · 17.9%
    1 tonne · Switzerland’s destinations
  3. Precious metal watches$163 million · 17.1%
    3 tonnes
  4. Jewelry$118 million · 12.4%
    Switzerland’s destinations
  5. 18 tonnes · Switzerland’s destinations
  6. 168 tonnes · Switzerland’s destinations
  7. Soft drinks$20 million · 2.1%
    6 thousand tonnes
  8. 459 tonnes
  9. Chocolate$8 million · 0.88%
    576 tonnes
  10. Refined petroleum$8 million · 0.79%
    16 thousand tonnes

How it travels

Qatar and Switzerland traded $1.4 billion in 2024 (both directions together). They trade mostly by air: 83% of the value travels by plane.

Split by transport mode

  1. Sea$234 million · 16.8%
  2. Air$1.2 billion · 83.2%

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

How much each matters to the other

Switzerland was Qatar’s 20th largest trading partner (1% of its trade), and Qatar was Switzerland’s 55th (0.2%).

Switzerland in Qatar’s trade
1.1%
Switzerland’s rank among Qatar’s partners
20th
Qatar in Switzerland’s trade
0.2%
Qatar’s rank among Switzerland’s partners
55th

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.