Qatar is a small yet important country. It is the world’s richest country, with more than 2.8 million inhabitants in 2022, and a large part of it is bordered by the Persian Gulf. Qatar now has the world’s highest GDP per capita and is regarded as a powerful country with a great global influence despite its small size. Using ocean freight to reach Qatar opens up new markets in the Middle East.
Doha, Qatar’s capital, is the country’s economic hub. Doha is home to a large number of domestic and international organizations, including the country’s leading oil and gas companies.
Qatar’s natural gas and petroleum industries, which began to emerge in the mid-twentieth century, account for practically all of the country’s economic growth. The country is a member of the Organization of Petroleum Exporting Countries (OPEC) and the world’s largest supplier of oil and natural gas. Qatar has no income tax and has a relatively low unemployment rate. Your company can benefit from exciting expansion potential by shipping goods to Qatar via ocean freight.