Crude Oil Exports for Qatar
QATNXGOCMBD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
374,888.72
Year-over-Year Change
-40.61%
Date Range
1/1/2000 - 1/1/2025
Summary
The 'Crude Oil Exports for Qatar' series measures the total volume of crude oil exported from Qatar. This metric is important for understanding global energy supply and trade patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the monthly quantity of crude oil that Qatar ships to international markets. Qatar is a major global exporter of crude oil, and this data provides insight into its production and trade activities.
Methodology
The data is collected by government statistical agencies and energy organizations based on shipping manifests and trade records.
Historical Context
Crude oil export volumes are a key economic indicator used by policymakers, market analysts, and industry stakeholders.
Key Facts
- Qatar is one of the world's top 10 crude oil exporting countries.
- Crude oil accounts for over 70% of Qatar's total merchandise exports.
- The majority of Qatar's crude oil exports go to Asian markets like China, India, and Japan.
FAQs
Q: What does this economic trend measure?
A: The 'Crude Oil Exports for Qatar' series tracks the monthly volume of crude oil shipped from Qatar to international markets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Qatar's energy production, trade dynamics, and role in global oil supply.
Q: How is this data collected or calculated?
A: The data is collected by government agencies and energy organizations based on shipping manifests and trade records.
Q: How is this trend used in economic policy?
A: Crude oil export volumes are monitored by policymakers, market analysts, and industry stakeholders to assess energy supply, trade, and economic conditions.
Q: Are there update delays or limitations?
A: There can be 1-2 month lags in reporting crude oil trade data due to the time required for collection and compilation.
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Citation
U.S. Federal Reserve, Crude Oil Exports for Qatar (QATNXGOCMBD), retrieved from FRED.