Balanced international merchandise trade statistics (BIMTS) in United Arab Emirates
United Arab Emirates: Balanced international merchandise trade statistics (BIMTS) was 3.94 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in United Arab Emirates, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
United Arab Emirates recorded 3.94 US dollars, exchange rate converted for balanced international merchandise trade statistics (bimts) in 2024.
Compared with earlier readings it is down 58.2% on the previous year and up 2,293.1% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in United Arab Emirates peaked at 17.05 US dollars, exchange rate converted in 2022 and was at its lowest, 0.0101 US dollars, exchange rate converted, in 2010.
That places United Arab Emirates 29th out of 96 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Balanced international merchandise trade statistics (BIMTS) in United Arab Emirates, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2000 | 0.6134 US dollars, exchange rate converted | — |
| 2001 | 0.0105 US dollars, exchange rate converted | -98.3% |
| 2002 | 0.0557 US dollars, exchange rate converted | +431.8% |
| 2003 | 0.2275 US dollars, exchange rate converted | +308.4% |
| 2004 | 0.1202 US dollars, exchange rate converted | -47.2% |
| 2005 | 0.0864 US dollars, exchange rate converted | -28.1% |
| 2006 | 0.0444 US dollars, exchange rate converted | -48.6% |
| 2007 | 0.1379 US dollars, exchange rate converted | +210.4% |
| 2008 | 0.1694 US dollars, exchange rate converted | +22.8% |
| 2009 | 0.0415 US dollars, exchange rate converted | -75.5% |
| 2010 | 0.0101 US dollars, exchange rate converted | -75.6% |
| 2011 | 0.2609 US dollars, exchange rate converted | +2483.4% |
| 2012 | 0.3422 US dollars, exchange rate converted | +31.1% |
| 2013 | 0.284 US dollars, exchange rate converted | -17.0% |
| 2014 | 0.1646 US dollars, exchange rate converted | -42.0% |
| 2015 | 0.6092 US dollars, exchange rate converted | +270.1% |
| 2016 | 0.5034 US dollars, exchange rate converted | -17.4% |
| 2017 | 0.4982 US dollars, exchange rate converted | -1.0% |
| 2018 | 1.72 US dollars, exchange rate converted | +245.8% |
| 2019 | 6.51 US dollars, exchange rate converted | +277.9% |
| 2020 | 7.51 US dollars, exchange rate converted | +15.4% |
| 2021 | 7.3 US dollars, exchange rate converted | -2.8% |
| 2022 | 17.05 US dollars, exchange rate converted | +133.7% |
| 2023 | 9.43 US dollars, exchange rate converted | -44.7% |
| 2024 | 3.94 US dollars, exchange rate converted | -58.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1507 US dollars, exchange rate converted | 0.0105 US dollars, exchange rate converted | 0.6134 US dollars, exchange rate converted | 10 |
| 2010s | 1.09 US dollars, exchange rate converted | 0.0101 US dollars, exchange rate converted | 6.51 US dollars, exchange rate converted | 10 |
| 2020s | 9.05 US dollars, exchange rate converted | 3.94 US dollars, exchange rate converted | 17.05 US dollars, exchange rate converted | 5 |
Countries ranked near United Arab Emirates
- 26 Thailand 4.5 US dollars, exchange rate converted compare
- 27 Finland 4.49 US dollars, exchange rate converted compare
- 28 Argentina 3.99 US dollars, exchange rate converted compare
- 30 Japan 3.56 US dollars, exchange rate converted compare
- 31 Chile 1.76 US dollars, exchange rate converted compare
- 32 Guatemala 1.75 US dollars, exchange rate converted compare
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Services, value added (constant LCU), per capita 85,997 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 1.63 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 50,274 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.67 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,629 current LCU per person (2024)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in United Arab Emirates?
- Balanced international merchandise trade statistics (bimts) in United Arab Emirates was 3.94 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in United Arab Emirates?
- The highest recorded value was 17.05 US dollars, exchange rate converted in 2022.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in United Arab Emirates?
- The lowest recorded value was 0.0101 US dollars, exchange rate converted in 2010.
- How does United Arab Emirates rank for balanced international merchandise trade statistics (bimts)?
- United Arab Emirates ranks 29th out of 96 countries with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in United Arab Emirates?
- Over the last ten years it is up 2,293.1%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org