Buoyed by surging oil and gas prices, Qatar’s export revenues jumped to a seven-year high in 2021. The $87.2bn that Qatar’s exports brought in last year was the highest figure since the $100+/B days of 2014 (see chart 1), and the ongoing global gas crunch ensures that 2022 will get off to a strong start.
Qatar Export Revenues Surge To Seven Year High
Qatar’s export revenues exited 2021 at the highest levels since mid-2014 as a global energy crunch sent LNG prices soaring to record highs. LNG pricing structures mean that strong H1 revenues have already been baked in for 2022.
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Charts
1: Qatar's Export Revenues Surge To Seven-Year High In 2021 ($bn)...
2: ... And Are Now Running Above Late-2014 Levels On A Quarterly Basis ($bn)
3: Qatar Trade Balance ($bn): Highest Surplus Since 2014 Thanks To Rising Energy Prices
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