EXPORT OPPORTUNITIES IN
Qatar is a small slice of (tax) heaven in the Gulf that, like Kuwait, is often overlooked by exporters looking to enter the Middle East. Located in Western Asia, Qatar shares a border with fellow Gulf Cooperation Council (GCC) member, Saudi Arabia, whilst the Gulf of Bahrain separates Qatar from its second closest neighbour.
With a total population of 2.9 million, Qatar is considerably smaller than surrounding Gulf territories. That being said, 88% of the population are expatriates who outnumber Qatari citizens by almost nine to one.
According to a report published by Alpen Capital, annual food consumption in Qatar is expected to grow to 1.9 million tonnes by 2023, aided by high disposable incomes, a growing expat population, and young, urbanised consumers.
Around 90% of Qatar’s food is imported and prior to the blockade, 27.4% came directly from Saudi Arabia and the UAE, whilst 80% of imported goods passed through a bordering country. Data from 2018 valued food and beverage imports at around 3.3 billion USD (12 billion Qatari Riyals), decreasing to 2.9 billion USD in 2019.
If you are a brand within the food and beverage industry, then doing business in Qatar might bring you great opportunities. Always be mindful of local tastes, preferences and regulations, meaning you will need to conduct thorough R&D to adapt to consumers’ needs.
Below are some of the current export opportunities in Qatar, this page is continuously updated so please check back.
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