Qatar Chamber’s recently issued quarterly newsletter reported that the value of private sector exports in Q2 2022 stood at QR8.92bn, representing a year-on-year (y-o-y) 21% growth from QR7.73bn. On a quarterly basis, the value also surged 15.4% compared to QR7.73bn in Q1 2022.
The chamber reported that the latest figures confirm the private sector’s ability and Qatar’s economy, in general, to adapt to normal and abnormal economic conditions and to achieve rising growth rates, especially after the Covid-19 pandemic.



Based on the type of certificate of origin issued by the chamber, the value of exports through the GSP model rose by 135% y-o-y, and by 60.7% through the Unified Arab model, by 249% (Unified GCC model), 10.3% (General model), and 8.8% (Singapore model).
Qatar Chamber also reported that growth is based on the increase in exports of four of 10 commodities during Q2. Fuel exports increased by 283% or QR2.5bn compared to QR657bn in Q1 2021, while aluminium exports grew by 70.1% y-o-y to reach QR2.44bn from QR1.43bn in Q2-2021.
Lotrene exports stood at QR388.5mn compared to QR334.9mn last year, representing a 16% increase, while chemical fertiliser exports increased by 5.65% or QR355.5mn from only QR6.18mn in Q2 2021.
Essential and industrial oils exports amounted to QR1.54bn or a 34.88% decrease compared to QR2.35bn in Q2 2021, while chemical substances exports amounted to QR257.5mn, down by 17.8% compared to QR313.34mn in Q2-2021.
Paraffin exports amounted to QR217.47mn, sliding 13.1% compared to QR250.4mn in Q2 2021, while industrial gases exports stood at QR195.37mn, or an 81.8% decrease compared to QR1.07bn in Q2 2021.
Similarly, steel exports dropped 73.6% y-o-y to QR173.3mn compared to QR655mn in Q2 2021. Petrochemicals exports also fell by 95.5% y-o-y to QR7.5mn compared to QR164.54mn in Q2 2021.
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 chamber during Q2 2022, amounting to QR8,094.45mn, registering an 11.7% y-o-y growth compared to Q2 2021 and a 9.5% quarter-on-quarter growth compared to Q1 2022.
Asian countries (excluding GCC and Arab countries) topped the list of economic blocs that received private sector exports during Q2 2022, which amounted to QR3.87bn with a share of 43.4% of the total exports, followed by GCC states, which received exports worth QR 2.56bn or a 28.7% share of the total value.
The group of EU states registered exports totalling QR1.6bn representing 17.8% of the total value, followed by Arab countries (excluding GCC states), which received QR370mn (4.2% share), and the US with exports of QR364.2mn (4.1% share of the total exports).
The African countries group (excluding Arab countries) received 0.9% of the total exports, with a value of QR82.7mn, followed by other European countries, which received exports worth QR73.5mn or a share of 0.8%, other American countries with a value of QR 8.2mn or 0.09%, and Oceania countries with exports amounting to QR1.9mn or 0.02% of the total exports.
The newsletter said 100 countries in the above economic groupings received Qatari exports in Q2 2022. The African group topped the list with 28 countries, followed by Asia with 17 countries, the EU and other American countries with 15 countries each, Arab countries (excluding GCC states) with 13 countries, the GCC and other European countries with five countries, the US, and Australia in the Oceania grouping.
In Q2 2022, India was at the top of the countries of destination of private sector exports with close to QR1.8bn or a 20.1% share of the total exports, followed by Oman with QR1.61bn and an 18% share, and the Netherlands with QR953mn or 10.7%.
China registered QR633mn (7.1% share), Turkey (QR518mn, 5.8%), Kuwait (QR462.6mn, 5.2%), the UAE (QR420mn, 4.7%), the US (QR364.2mn, 4.1%), Bangladesh (QR350.8mn, 3.9%), and Singapore (QR326.5mn, 3.7%).