Embassy of Pakistan
Doha - Qatar
Doha - Qatar
Qatar is one of the important Pakistan trade partners in the GCC region. Qatar is a major supplier of LNG to Pakistan, whereas Pakistan exports agriculture produce to Qatar.
In the current financial year, exports have experienced a decrease of 2.7%, falling from $162.5 million USD to $158.1 million USD. On the other hand, imports have shown a slight decrease of 1.0%, decreasing from $3,567.2 million USD to $3,531.4 million USD. Key export items from Pakistan to Qatar include bovine meat, onions and related products, potatoes, sheep and goat meat, rice, maize, and various other agricultural and manufactured goods, highlighting a diverse range of products traded between the two nations.
According to the Federal Board of Revenue of Pakistan, Pakistan-Qatar bilateral trade over the last 5 years is as follows:
|
Pakistan-Qatar’ Bilateral Trade during the last 5 Years Source: FBR Unit: USD Million |
|||
|
Financial Year |
Export |
Import |
Total Trade |
|
FY 2020 |
138.24 |
1679.49 |
1817.73 |
|
FY 2021 |
140.05 |
1917.04 |
2057.10 |
|
FY 2022 |
192.67 |
3576.34 |
3769.01 |
|
FY 2023 |
162.46 |
3567.22 |
3729.68 |
|
FY 2024 |
158.1 |
3,531.4 |
3689.5 |
According to the Planning and Statistical Authority of Qatar, Pakistan-Qatar bilateral trade over the last 5 years is as follows:
|
Pakistan-Qatar’ Bilateral Trade during the last 5 Years Source: psa.gov.qa Unit: USD Million |
||
|
Calender Year |
Exports of Qatar to Pakistan |
Imports of Qatar from Pakistan |
|
2018 |
2484.1 |
130.7 |
|
2019 |
1906.6 |
142.8 |
|
2020 |
1357.4 |
177.7 |
|
2021 |
2609.6 |
182.3 |
|
2022 |
3925.9 |
216.4 |
|
2023 |
3344.2 |
177.9 |
|
2024 (Jan-May) |
1549.1 |
74.1 |
Top 10 Export Products of Pakistan to QatarSource: FBR Unit: USD Million |
||||||
|
S. No. |
HS Code |
Description of Product |
FY 2023 |
FY 2024 |
Change in Value |
Change in USD |
|
1. |
0201 |
Meat of bovine animals, fresh or chilled |
30.73 |
28.84 |
-1.89 |
-6.15% |
|
2. |
0703 |
Onions, shallots, garlic, leeks and other alliaceous vegetables |
0.23 |
17.08 |
16.85 |
7326.09% |
|
3. |
0701 |
Potatoes, fresh or chilled |
9.37 |
8.76 |
-0.61 |
-6.51% |
|
4. |
0204 |
Meat of sheep or goats, fresh, chilled |
7.00 |
8.53 |
1.53 |
21.86% |
|
5. |
1006 |
Rice |
7.45 |
8.21 |
0.76 |
10.20% |
|
6. |
1005 |
Maize (corn) |
4.31 |
7.37 |
3.06 |
71.00% |
|
7. |
2302 |
Bran, sharps and other residues, from the milling of cereals |
1.68 |
5.77 |
4.09 |
243.45% |
|
8. |
1213 |
Cereal straw and husks, unprepared |
7.94 |
5.59 |
-2.35 |
-29.60% |
|
9. |
2523 |
Portland cement, aluminous cement, slag cement, supersulfate cement, and similar hydraulic cements |
0.02 |
4.92 |
4.9 |
24500.00% |
|
10. |
6306 |
Tarpaulins, awnings and sunblinds; tents; sails for boats, sailboards or landcraft; camping goods |
2.14 |
4.59 |
2.45 |
114.49% |
|
Top 10 Import products from Qatar to Pakistan Source: FBR Unit: USD Million |
||||||
|
S. No. |
HS Code |
Description of Product |
FY 2023 |
FY 2024 |
Change in Value |
Change in USD |
|
1. |
2711 |
Petroleum gases and other gaseous hydrocarbons |
3381.54 |
3358.27 |
-23.27 |
-0.7% |
|
2. |
3901 |
Polymers of ethylene, in primary forms |
88.87 |
86.27 |
-2.60 |
-2.9% |
|
3. |
2707 |
Oils and other products of the distillation of high-temperature coal tar |
19.65 |
22.71 |
3.05 |
15.5% |
|
4. |
3102 |
Mineral or chemical fertilisers, nitrogenous |
18.44 |
17.66 |
-0.78 |
-4.2% |
|
5. |
7207 |
Semi-finished products of iron or non-alloy steel |
2.94 |
15.41 |
12.47 |
423.4% |
|
6. |
2903 |
Halogenated derivatives of hydrocarbons |
8.87 |
13.58 |
4.71 |
53.1% |
|
7. |
3824 |
Prepared binders for foundry moulds or cores |
6.94 |
4.51 |
-2.43 |
-35.0% |
|
8. |
3817 |
Mixed alkylbenzenes and mixed alkylnaphthalenes |
29.65 |
3.57 |
-26.08 |
-88.0% |
|
9. |
7801 |
Unwrought lead |
0.00 |
2.43 |
2.43 |
N/A |
|
10. |
2710 |
Petroleum oils and oils obtained from bituminous minerals |
2.50 |
1.55 |
-0.95 |
-38.0% |
During the fiscal year 2023, remittances from Qatar to Pakistan decreased by -1% from USD 915.44 million in FY 2023 to USD 901.6 million in FY 2024. The remittances can be attributed to the prominent presence of Pakistani expatriates in various sectors, such as hospitality, engineering, and construction sector.
The details of the annual remittances from Qatar during the last 10 years are as follows:
The flow of foreign direct investment (FDI) from Qatar to Pakistan has been limited over the years. According to the State Bank of Pakistan, the FDI inflows from Qatar have fluctuated in recent years, with the highest inflows being recorded in FY 2021 at 18.6, and the lowest in FY 2018 at 0.9. Despite these fluctuations, the quantum of FDI inflows from Qatar remains relatively low. The investment inflows during the last 6 years are as follows:
Trade Development Authority of Pakistan (TDAP): www.tdap.gov.pk
Ministry of Commerce: https://www.commerce.gov.pk/
The Federation of Commerce and Industry: https://fpcci.org.pk/
Pakistan Trade Portal: https://www.pakistanexportersdirectory.gov.pk/
State Bank of Pakistan: https://www.sbp.org.pk/
Trade Information Portal Pakistan (TIPP): https://www.tipp.gov.pk/
Special Investment Facilitation Council (SIFC): https://www.sifc.gov.pk/
Pakistan Software Export Board: https://techdestination.com/
Board of Investment: https://invest.gov.pk/
Pakistan Tourism Development Corporation (PTDC): https://tourism.gov.pk/
Qatar Government Portal, www.gov.qa
Qatar Tourism Authority, www.visitqatar.qa
Qatar Investment Authority, www.qia.qa
Qatar Chamber of Commerce and Industry, www.qatarchamber.com
Qatari Businessmen Association, www.qataribusinessmen.org
Qatar Free Zone Authority, www.qfz.gov.qa
Invest Qatar, www.invest.qa
E-Government portal of Qatar, www.hukoomi.gov.qa/en/
Ministry of Public Health Qatar, www.moph.gov.qa
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