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EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Qatar
Map of Qatar

Country Facts

Nominal GDP197.46 Billion USD
Population2.27 Million
Total Trade/GDP95.45%
CurrencyQatari Riyal (QAR)
Merchandise Imports from Canada189.82 Million CAD
Main importsMachinery & Appliances, Base Metals, Auto & Light Motor-vehicles, Food, Beverage & Tobacco

EDC in Qatar

Canadian companies assisted66
International buyers insured109
Business volume149.03 Million CAD

Business Environment

Qatar is a very wealthy country due to its gas reserves. The country boasts one of the highest per capital income, lowest unemployment levels and real GDP growth of over 10.7% per annum since 2008. Much like many other Middle Eastern countries, Qatar is looking to diversify its economy away from natural gas and increase private and foreign investment in non-energy sectors. Qatar's successful FIFA 2022 world cup bid is expected to accelerate large-scale infrastructure projects which present new opportunities for Canadian supply.

Key Industries

  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Oil and Gas
  • Power
  • Rail
  • Telecom

How we can support your business

Through our representation in Dubai, United Arab Emirates, we provide regional support to Canadian companies planning on or currently doing business in Qatar. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

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