GENERAL KNOWLEDGE

GK

FIFA WORLD CUP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Qatar’s biggest export to the rest of the world is ____
A
sand
B
wheat
C
oil
D
fertiliser
Explanation: 

Detailed explanation-1: -In the long-term, the Qatar Exports is projected to trend around 60000.00 QAR Million in 2024 and 61000.00 QAR Million in 2025, according to our econometric models. Qatar exports mostly liquefied natural gas (60 percent of total exports) and crude oil (30 percent).

Detailed explanation-2: -Crude oil production is at approximately 1, 300, 000 barrels per day, making Qatar one of the top 15 oil exporting countries and one of the world’s major fertilizer producers.

Detailed explanation-3: -Russia is the world’s largest exporter of oil to global markets and the second largest crude oil exporter behind Saudi Arabia.

Detailed explanation-4: -Qatar has one of the highest GDP per capita rates in the world on both a purchasing power parity (PPP) and nominal basis. It has the world’s third largest natural gas reserves and is one of the largest exporters of liquefied natural gas (LNG) globally. The hydrocarbon sector represents nearly 60 per cent of GDP.

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