The United Arab Emirates recorded a trade surplus of 274600 AED Million in 2019. source: Central Bank of the United Arab Emirates

Balance of Trade in the United Arab Emirates averaged 230458.15 AED Million from 2000 until 2019, 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 December of 2020.

Balance of Trade in the United Arab Emirates is expected to reach 150000.00 AED Million by the end of 2020, 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 2021 and 300000.00 AED Million in 2022, according to our econometric models.

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United Arab Emirates Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
274600.00 299400.00 520321.00 40840.00 2000 - 2019 AED Million Yearly
NSA

United Arab Emirates Trade Last Previous Highest Lowest Unit
Balance of Trade 274600.00 299400.00 520321.00 40840.00 AED Million [+]
Current Account 108900.00 139000.00 971000.00 12510.00 AED Million [+]
Current Account to GDP 7.40 10.00 25.00 0.10 percent [+]
Imports 885600.00 864400.00 904700.00 128570.00 AED Million [+]
Exports 1160200.00 1163800.00 1363318.00 177800.00 AED Million [+]
Gold Reserves 38.89 31.50 38.89 0.00 Tonnes [+]
Crude Oil Production 2476.00 2693.00 4033.00 990.00 BBL/D/1K [+]
Terrorism Index 0.05 0.11 1.12 0.00 [+]
Weapons Sales 104.00 113.00 128.00 1.00 USD 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.