The United Arab Emirates recorded a trade surplus of 228900 AED Million in 2020. source: Central Bank of the United Arab Emirates

Balance of Trade in the United Arab Emirates averaged 230383.95 AED Million from 2000 until 2020, reaching an all time high of 520321 AED Million in 2012 and a record low of 40840 AED Million in 2001. This page provides - United Arab Emirates Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Balance of Trade - values, historical data and charts - was last updated on July of 2021.

Balance of Trade in the United Arab Emirates is expected to reach 500000.00 AED Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Balance of Trade is projected to trend around 200000.00 AED Million in 2022 and 300000.00 AED Million in 2023, according to our econometric models.

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United Arab Emirates Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
228900.00 274600.00 520321.00 40840.00 2000 - 2020 AED Million Yearly
NSA

United Arab Emirates Trade Last Previous Highest Lowest Unit
Balance of Trade 228900.00 274600.00 520321.00 40840.00 AED Million [+]
Current Account 77100.00 108900.00 971000.00 12510.00 AED Million [+]
Current Account to GDP 5.90 8.90 25.00 0.10 percent of GDP [+]
Imports 774100.00 856900.00 904700.00 128570.00 AED Million [+]
Exports 1003000.00 1160200.00 1363318.00 177800.00 AED Million [+]
Gold Reserves 54.18 51.42 54.18 0.00 Tonnes [+]
Crude Oil Production 2681.00 2641.00 4033.00 990.00 BBL/D/1K [+]
Terrorism Index 0.00 0.05 1.12 0.00 [+]
Weapons Sales 191.00 135.00 191.00 1.00 SIPRI TIV Million [+]
Foreign Direct Investment 50600.00 38100.00 52100.00 14700.00 AED Million [+]


United Arab Emirates Balance of Trade
United Arab Emirates has been recording trade surpluses since 2000, mostly due to shipments of oil and natural gas (40 percent of total exports). Main imports are: pearls and other precious metals and stones; machinery, sound recorders, reproducers and parts and transport vehicles. United Arab Emirates’ main trading partner is India (14 percent of total exports and 17 percent of imports). Others include: Japan, South Korea, China, United States and Iran.