United Arab Emirates Crude Oil Production - Forecast

Crude Oil Production in the United Arab Emirates is expected to be 2688.63 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in the United Arab Emirates to stand at 2816.39 in 12 months time. In the long-term, the United Arab Emirates Crude Oil Production is projected to trend around 2920.00 BBL/D/1K in 2020, according to our econometric models.


United Arab Emirates Crude Oil Production
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United Arab Emirates Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 250900 350000 327772 350000 354446 580000
Exports 1096700 1390000 1158642 1390000 1184806 1680000
Imports 845800 1040000 830870 1040000 830360 1100000
Current Account 10100 87900 25606 87900 38134 138900
Current Account to GDP 7.3 5 5 5 5.7 6.8
Gold Reserves 7.6 9 7.66 9 7.68 12
Crude Oil Production 2872 2689 2681 2820 2816 2920
Terrorism Index 0.21 1 0.37 1 0.49 1.9
Weapons Sales 72 49 72.81 49 68.85 52
Foreign Direct Investment 38000 38748 28725 38748 29571 50000