Private Sector Exports Quarterly Report – Second Quarter – April-June 2022
(1) Analysis of Private Sector Exports based on Certificates of Origin (Second Quarter – 2022):
The total value of private sector exports (according to the certificate of origin issued by the Qatar Chamber) during the second quarter (Q2) of 2022 amounted to QR 8,920.22 million, showing an increase of 20.6 percent on an annualised basis compared to the same period of the previous year which amounted to QR 7,395.07 million.
On a quarterly basis, it also surged 15.4 percent compared to QR 7.730.23 million in Q1 of the same year.
This surge clearly confirms the ability of the private sector and the Qatari economy, in general, to adapt to normal and abnormal economic conditions and to achieve rising growth rates, especially after the Covid-19 pandemic.
Graph (1) Level of Exports (From Q2-2021 to Q2-2022):
Value in Qatari Riyals
No Data Found
(1-1) Analysis of Private Sector Exports by Certificate of Origin Type:
Table (1) Analysis by the type of Certificate of Origin (Q2-2022 compared with Q2-2021 and Q1-2022):
(Value in a million riyals)
Graph (2) Exports by Type of Certificate:
(Value in million Qatari riyals)
No Data Found
Data of Table (1) and Graph (2) indicate that exports of the private sector during Q2 of 2022 according to the type of certificates of origin issued by the Chamber recorded positive results in all types on a y-on-y and quarter-on-quarter basis except for the general Model.
In Q2 of 2022, the value of exports according to the GSP model rose by 135 percent on a yearly basis, and by 15.3 percent on a quarterly basis.
Similarly, exports through the Unified Arab model grew by 60.7 percent on a y-on-y basis and by 18.3 percent on a quarterly basis.
On y-on-basis, exports through the Unified GCC model increased sharply by 249 percent, and by 114.5 percent on a quarterly basis.
The General model shot up 10.3 0.percent y-on-y during Q2 of 2022, while they decreased by 6.6 percent on a quarterly basis.
Exports through the Singapore model surge 8.8 percent on a y-on-y basis and by 81.4 percent on a quarterly basis.
(1-2) Analysis of the Exports of the Private Sector by the Type of Commodities: -
Table (2) Exports by most significant commodities in Q2-2022 compared to Q1-2022 and Q2-2021:
Value in Qatari Riyals
Graph (3) Private sector exports by most significant commodities in Q2-2022:
Value in a Million Qatari Riyals
No Data Found
Graph (4) The Relative Weight of the Most Significant Commodities Exported by the Private Sector in Q2-2022:
Share (%) in total
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Data of Table (2) show that four commodities in the list achieved an increase in export value, while six commodities declined in export values on a y-on-y basis.
On a quarter basis, exports of six commodities increased, while four commodities decreased. Below, we review the commodities in the list orderly (according to the highest value in Q2-2022):
- Fuel: The value of exports of this commodity in Q2-2022 amounted to QR 2,522.27 million, showing a significant increase of 283.7 percent on a yearly basis compared to its value during the same period of the previous year, which amounted to QR 657.4 million. On a quarterly basis, it increased by 113 percent compared to QR 1,184.18 million in Q1-2022.
- Aluminum: The value of exports of this commodity inQ2-2022 by 70.1% on a y-on-y basis, reaching QR2,440.1 million, compared to QR1,434.9 million in Q1-2021. On a quarterly basis, it also grew by 27.2% compared to its value in Q1-2021, which amounted to QR 1,9717.6 million.
- Lotrene: The value of exports of this commodity in Q2-2022 amounted to QR 388.5 million, an increase of 16% y-on-y compared to its value during the same period of the previous year, which amounted to QR334.9 million. On a quarterly basis, it grew by 5.6% compared to its value in Q1-2022, which amounted to QR 367 million.
- Chemical Fertilizers: Exports of the chemical fertilizers increased on a yearly basis sharply 5.652.4%, reaching a value of QR355.5 million, while its value during the same period of the previous year, 2021, was only QR6.18 million. On a quarterly basis, they decreased by 65.9%, which amounted QR 1,041.95 million.
- Essential and Industrial Oils: In Q2-2022, this commodity’s exports amounted to QR 1,536.97 million, with a y-on-y 34.88% decrease, compared to the same period of the previous year which amounted to QR 2.356.36 million. Quarterly, it also decreased by 12.5%, compared to its value in Q4-2021, which amounted to QR 1,756.61 million.
- Chemical Substances: The value of exports of the chemical substances’ commodity decreased at the annual and quarterly levels. In Q2-2022, chemical substances exports amounted to QR 257.5 million, a decrease of 17.8% compared to its value in the same period of the previous year, which amounted to QR 313.34 million. On a quarterly basis, they declined by 12% compared to its value in Q1- 2022, which amounted to QR 292.7 million.
- Paraffin: The value of exports of this commodity in Q2-2022 amounted to QR217.47 million, a decrease of 13.1% on a yearly basis, compared to its value during the same period of the previous year, which amounted to about QR 250.36 million. It also declined Quarterly, reaching a percentage of 43.6% compared to the value of exports from it during the fourth quarter of the previous year, which amounted to (310.90) million Qatari riyals.
- Industrial Gases: The value of exports of this commodity in Q2-2022 amounted to QR 195.37 million, a decrease of 81.8% on a yearly basis, compared to its value during the same period of the previous year, which amounted to about QR 1,072.25 million. On a quarterly basis, exports of industrial gases increased by 51.2% compared to QR 129.23 million in Q1 of the same year.
- Steel: The value of exports of the steel commodity amounted to QR 173.29 million, showing a y-on-y decrease by 73.6%, compared to QR 655.94 million in Q2-2021. It also decreased quarterly by 49.5% compared to QR 343.03 million in Q1-2022.
- Petrochemicals: The value of petrochemicals exports amounted to QR 7.46million, recording a 95.5 y-on-y decrease compared to QR 164.54 million in the same period of the previous year, which amounted to QR 164.54 million. It also decreased on a q-on-q basis by 95.5% compared to its value in Q1-2022, which amounted to QR 183.88 million.
These ten commodities exported by the private sector represent 91% of the total value of private export exports, according to the certificates of origin issued by the Qatar Chamber during Q2 of 2022, which amounted to QR 8,094.45 million, registering a 11.7 % y-on-y growth compared to the same period of 2021 and a 9.5% quarter-on-quarter growth compared to Q1-2022.
(1-3) Destinations of Private-Sector Exports in Terms of the Economic Blocs in Q2-2022:
Table (3) Destinations of Private-Sector Exports by Groupings and Economic Blocs in Q2-2022:
Graph (5) Percentages of Private-Sector Exports by Groupings and Economic Blocs (Q2- 2022):
Share (%) in total
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As for economic blocs and groupings, the Asian countries (excluding GCC and Arab countries) were at the top of economic blocs that received exports of private sector during Q2 which amounted to QR 3,872.64 million with a share of 43.4% of the total exports, followed by GCC states which received exports amounted to QR 2,555.3 million or a share of 28.7% of the total value.
In third place came the group of EU states, with exports totaling QR 1,591.8 million representing 17.8 percent of the total value, followed by Arab countries excluding Arab countries excluding GCC states that received QR 370 million, a share of 4.2 percent and the USA with exports amounted to QR 364.2 million, or a share of 4.1 percent of the total exports.
The grouping of African Countries excluding Arab countries came in the sixth place, which received 0.9 % of the total exports, with a value of QR 82.7 million, followed by other European countries which received exports estimated at QR73.5 million or a share of 0.8%, and Other American Countries with a value of QR 0.09% of QR 8.2 million.
Then came the grouping of Oceania countries, with exports amounting to QR 21.9 million, equivalent to 0.02% of the total exports.
The number of countries receiving Qatari exports in Q2-2022 was 100 countries in the above economic groupings. The African grouping came to the forefront with 28 countries. Asia came then with 17 countries, followed by the European Union and other American countries with 15 countries each, then Arab countries excluding GCC states with 13 countries, then the GCC and other European countries with 5, and lastly, the United States of America and one country (Australia) in the Oceania grouping.
(1-4) The Most Significant Trading Partners at the Level of Private-Sector Exports during the First Quarter of 2022:
Table (4) The Most Important Trading Partners at The Level of Private Sector Exports in Q2-2022:
Graph (4) The Relative Weight of the Most Significant Commodities Exported by the Private Sector during the First Quarter of 2022
Share (%) in total
No Data Found
In Q2-2022, India was at the top of the countries of destination of private sector exports with close to QR 1,797.34 million, a share of 20.1 percent of the total exports.
It is followed by Oman with almost QR 1,609.3 million and a share of 18 percent and Netherlands with about QR 953 million, a share of 10.7 percent.
China came in fourth place with almost QR 633 million, a share of 7.1 percent and Turkey with exports amounted to about QR 518 million, a share of 5.8 percent.
Kuwait came in the sixth place which received exports amounting to QR642.6 million, a share of 5.2 percent, followed by UAE with almost QR 420 million, a share of 4.7 percent, USA with QR 364.2 million, a share of 4.1 percent, Bangladesh with almost QR 350.8 million or 3.9 percent and Singapore with exports amounting to QR 326.5 million or a share of 3.7 percent of the total value.
Together, these ten countries accounted for 83.4% and a value of QR 7,435.2 million 6 of private-sector exports according to the certificate of origin during Q2 of 2022, totaling around QR 8,920.2 million.
