2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

United Arab Emirates-Australia Trade: In 2022, United Arab Emirates exported $1.34B to Australia. The main products that United Arab Emirates exported to Australia were Nitrogenous Fertilizers ($317M), Crude Petroleum ($217M), and Copper Wire ($129M). Over the past 5 years the exports of United Arab Emirates to Australia have decreased at an annualized rate of 3.42%, from $1.59B in 2017 to $1.34B in 2022.

In 2022, United Arab Emirates did not export any services to Australia.

Australia-United Arab Emirates Trade: In 2022, Australia exported $3.42B to United Arab Emirates. The main products that Australia exported to United Arab Emirates were Aluminium Oxide ($847M), Rapeseed ($676M), and Sheep and Goat Meat ($169M). Over the past 5 years the exports of Australia to United Arab Emirates have increased at an annualized rate of 7.58%,  from $2.37B in 2017 to $3.42B in 2022.

In 2022, Australia did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $1.34B to Australia. The main products exported from United Arab Emirates to Australia were Nitrogenous Fertilizers ($317M), Crude Petroleum ($217M), and Copper Wire ($129M). During the last 5 years the exports of United Arab Emirates to Australia have decreased at an annualized rate of 3.42%, from $1.59B in 2017 to $1.34B in 2022.

In 2017, Australia exported $3.42B to United Arab Emirates. The main products exported from Australia to United Arab Emirates were Aluminium Oxide ($847M), Rapeseed ($676M), and Sheep and Goat Meat ($169M). During the last 5 years the exports of Australia to United Arab Emirates have increased at an annualized rate of 7.58%, from $2.37B in 2022 to $3.42B in 2017.

Exports from United Arab Emirates (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Australia (Flag)

United Arab Emirates Exports

Australia Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Australia
Top Destination
China$123B

This map shows whether countries import more from United Arab Emirates or Australia. Each country is colored based on the difference in imports they receive from United Arab Emirates and Australia or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Australia included Saudi Arabia ($27.8B), Iraq ($21.2B), and India ($51B).

In 2022, countries that imported more from Australia than United Arab Emirates included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Australia

Flow
Scale

This chart compares trade between United Arab Emirates and Australia by product, considering products traded by both, United Arab Emirates and Australia.

During 2022, United Arab Emirates had a large net trade with Australia in the exports of Chemical Products ($336M), Mineral Products ($282M), and Metals ($213M).

During 2017, Australia had a large net trade with United Arab Emirates in the exports of Vegetable Products ($1.06B), Chemical Products ($909M), and Animal Products ($462M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Australia+$125MCrude Petroleum
Top Product Potential Australia United Arab Emirates+$174MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Australia. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Australia (Flag) (2022)

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