Middle Eastern countries have build an immense reputation in the world of business by exporting goods to many countries and Qatar is one such country.
Bordering Saudi Arabia, Persian Gulf, UAE and Iran, Qatar is one of the most important Middle Eastern countries despite its small size.
According to reports, 92 types of products are being imported by various countries from Qatar helping the country make more than $57 billion each year. While the number may reduce with the ban on Qatar, but it’s still pretty impressive.
Contrary to the popular belief, Qatar does not only export oil but other products as well including software, machineries, vehicles etc. Yes, businesses do not only have the option to import goods from China, they can turn to Qatar as well.
According to stats, Qatar is considered to be the world’s richest country in terms of GDP per capita.
Many kinds of businesses can gain benefits by importing products from Qatar as they are of high quality and also come at affordable prices.
Here are 4 products that businesses can import from Qatar:
1. Software.
Qatar is known for making quality technology along with high end software to help businesses automate processes. There are a plethora of IT companies in Qatar such as Kaar, Octaware, and Omnix.
These companies do not only export ready-made solutions but also offer customized solutions for enterprises. If you’re a business looking for the right program to manage your businesses then consider Qatari companies.
2. Machineries.
Importing machineries from the right country can help increase profit margins if they are of high quality. Qatar is a country that offers machines at low prices. Businesses can import machines so that manufacturing costs can be reduced and they can enjoy higher profits.
Qatar is a country that practices new technology, thus, it also produces the latest machineries. Businesses can import such machineries to grow their business as they are of high quality and very easy to import.
3. Vehicles.
There are many businesses who deal in buying and selling vehicles to earn good profits. For such businesses, importing vehicles from Qatar can be a great choice. There are many benefits of doing so.
You get vehicles manufactured by world’s most leading brands such as Nissan, Toyota, and Mitsubishi at very low rates as Qatar does not charge a lot for exporting cars.
The market for used cars is huge and Qatar is one of the biggest exporters of such cars.
4. Steel.
Qatar is known for producing some of the greatest quality steel among all the steel making countries. Not all countries can produce the steel that they need, which is why they have to import from other countries and Qatar can be a good choice.
The Verdict.
These 4 products are imported at large by many businesses across the globe due to the high quality and low prices. If you do not find what you need in Qatar then you can turn to China, which exports to all countries around the world.