Marketing in Qatar Market
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Qatar's gross domestic product in 2017 was reported at more than $ 184 billion and experienced a growth rate of about 2% this year. Being located next to the Persian Gulf has provided a good opportunity for the transit of goods to this country. Qatar is the only land border with Saudi arabia and has no other neighbors.
Exporting to Qatar is one of the best opportunities for the Asian market. This is possible due to the good political relations between the two countries. Instead, the country has always had strained relations with neighboring Arab countries.
The small peninsula's political challenges with neighboring Arab countries such as Saudi Arabia and the UAE have led to poor trade relations with them and sanctions by them.
As a result, the only way of communication of this country leads to Iran. Even Qatari planes are allowed to fly over Iran. Therefore, the Qatari government is always trying to keep the trade relations between Qatar and Iran in the best condition.
The lack of expertise in many fields has made it impossible to produce many industrial goods and many industrial goods and parts are imported to Qatar. So one of the suitable areas for export to Qatar is the industrial sector.
Qatar has an inflation rate of about one percent and an unemployment rate of 0.6 percent. The share of industry, services, and agriculture in GDP are 3.50, 5.49, and 0.2 percent, respectively.
In 2017, Qatar's exports amounted to $ 52.3 billion and imports to $ 21.6 billion, which led to a trade balance of $ 30.7 billion. In 2017, Qatar's GDP was $ 166 billion and was $ 128,000 per capita.
The most important mineral products of Qatar are cement, iron ore, sulfur, and Nitrogen and its most important industrial products are gas, oil, ammonia, chemical fertilizers, and petrochemical products.
Qatar's agricultural products include dates. The shortage of food cultivation in the country and its major imports caused many Qatari citizens to flock to the stores for fear of food shortages, even after the Saudi embargo. From the above, we can conclude that Iran's southern neighbor has a unique opportunity and potential for the presence of Iranian traders and exports.
One of the most important opportunities for exporting to Qatar is its maritime borders with Iran. Having a common border and neighborhood between the two countries can significantly facilitate trade and export conditions to Qatar.
In addition, the presence of well-equipped ports such as Doha, Umm al-Saeed, and Zakaria has boosted trade and exports to Qatar. Also, the advanced transportation system, including modern airports, facilitates the transportation of goods to this country. Having numerous hotels and entertainment centers has also provided the travel of businessmen and merchants to this peninsula; which is a reason for the ease of Qatar's trade with Iran.