Qatar's Logistics Sector
Estimated value of Qatari Logistics market
Total Export of goods by Qatar in January 2020
About Qatar's Logistics Sector
The Qatari logistics market is estimated to be valued at more than $7.5 billion and has been growing at a rate of over 7% per year over the past five years. Qatar’s logistics sector growth rate is due to several key factors.
Qatar is the largest producer of liquified natural gas in the world, currently producing 77 million tons of LNG per year, and is expanding its production to 126 million tons per year by 2027.
Furthermore, Qatar is a coastal country, centrally located between North Africa, Europe and Asia; it is less than 2,000 miles away from 2 billion people, who’s gross domestic products equal more than $6 billion. Ras Laffan, Ruwais Port, Port of Mesaieed, Doha Port, Hamad Port and Hamad International Airport all serve as major logistical hubs within the country. In 2019, Ruwais, Hamad and Doha Ports received over 4,000 vessels, which were transporting nearly 1.4 million shipping containers. The cargo on these ships was more than 905,000 tons.
Close to Hamad International Airport and Hamad Port, Ras Bufontas Free Zone and Umm Alhoul Free Zone are strategically located to support the thriving logistics industry. Ras Bufontas, located close to Hamad International, is used for time-sensitive products. Umm Alhoul, which is next to Hamad Port, provides access to the chemical, oil and gas, and heavy machinery industries for shippers. Umm Alhoul Free Zone is already involved in 27% of trade in the GCC region.
Qatar operates mainly through domestic logistics companies, but there are still major international companies as well. Some of the key logistics companies in Qatar are DHL, Gulf Warehousing Company (GWC)/UPS, Gulf Agency Company, Agility Qatar, Aero Freight, Britania Freight and Logistics, and Aramex.