Trade in United Arab Emirates
United Arab Emirates: Trade was 199.0% in 2023. ▲ Rising
Trade in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2023, trade in United Arab Emirates stood at 199.0%. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 26.5% over ten years.
Over the whole period, trade in United Arab Emirates peaked at 199.0% in 2023 and was at its lowest, 89.9%, in 2001.
That places United Arab Emirates 9th out of 193 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Trade in United Arab Emirates, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 89.9% | — |
| 2002 | 93.1% | +3.6% |
| 2003 | 102.3% | +9.9% |
| 2004 | 116.6% | +14.0% |
| 2005 | 119.6% | +2.5% |
| 2006 | 119.5% | -0.1% |
| 2007 | 136.8% | +14.5% |
| 2008 | 148.5% | +8.6% |
| 2009 | 153.5% | +3.3% |
| 2010 | 135.5% | -11.7% |
| 2011 | 144.2% | +6.4% |
| 2012 | 156.6% | +8.6% |
| 2013 | 157.4% | +0.5% |
| 2014 | 159.5% | +1.3% |
| 2015 | 164.3% | +3.0% |
| 2016 | 165.4% | +0.7% |
| 2017 | 165.5% | +0.0% |
| 2018 | 154.7% | -6.5% |
| 2019 | 163.8% | +5.9% |
| 2020 | 181.3% | +10.7% |
| 2021 | 182.9% | +0.9% |
| 2022 | 185.7% | +1.5% |
| 2023 | 199.0% | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 120.0% | 89.9% | 153.5% | 9 |
| 2010s | 156.7% | 135.5% | 165.5% | 10 |
| 2020s | 187.2% | 181.3% | 199.0% | 4 |
Countries ranked near United Arab Emirates
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)
- Exports of goods and services (current LCU), annual growth rate 6.99 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 3.92 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 195,609 current LCU per person (2023)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.88 % change on previous year (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.9235 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (constant 2015 US$), per capita 46,039 constant 2015 US$ per person (2023)
- Gross fixed capital formation (current US$), annual growth rate 3.86 % change on previous year (2009)
- Gross fixed capital formation (current US$), per unit of GDP 0.2891 current US$ per US$ of GDP (2009)
Frequently asked questions
- What is trade in United Arab Emirates?
- Trade in United Arab Emirates was 199.0% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in United Arab Emirates?
- The highest recorded value was 199.0% in 2023.
- What is the lowest trade recorded in United Arab Emirates?
- The lowest recorded value was 89.9% in 2001.
- How does United Arab Emirates rank for trade?
- United Arab Emirates ranks 9th out of 193 countries with data for 2023.
- Is trade rising or falling in United Arab Emirates?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.