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2023
Flag → Flag
Exports $3.25BRnk 22 / 216
2023
Flag → Flag
Top Product $1.87BRefined Petroleum
2023
Flag → Flag
Exports $8.87BRnk 11 / 223
2023
Flag → Flag
Top Product $1.71BCars
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

United Arab Emirates-United Kingdom Trade: In 2023, United Arab Emirates exported $3.25B to United Kingdom. The main products that United Arab Emirates exported to United Kingdom were Refined Petroleum ($1.87B), Jewellery ($244M), and Raw Aluminium ($75.9M). Over the past 5 years the exports of United Arab Emirates to United Kingdom have increased at an annualized rate of 6.06%, from $2.42B in 2018 to $3.25B in 2023.

In 2023, United Arab Emirates did not export any services to United Kingdom.

United Kingdom-United Arab Emirates Trade: In 2023, United Kingdom exported $8.87B to United Arab Emirates. The main products that United Kingdom exported to United Arab Emirates were Cars ($1.71B), Gas Turbines ($1.49B), and Gold ($805M). Over the past 5 years the exports of United Kingdom to United Arab Emirates have increased at an annualized rate of 3.3%,  from $7.54B in 2018 to $8.87B in 2023.

In 2023, United Kingdom did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $3.25B to United Kingdom. The main products exported from United Arab Emirates to United Kingdom were Refined Petroleum ($1.87B), Jewellery ($244M), and Raw Aluminium ($75.9M). During the last 5 years the exports of United Arab Emirates to United Kingdom have increased at an annualized rate of 6.06%, from $2.42B in 2018 to $3.25B in 2023.

In 2018, United Kingdom exported $8.87B to United Arab Emirates. The main products exported from United Kingdom to United Arab Emirates were Cars ($1.71B), Gas Turbines ($1.49B), and Gold ($805M). During the last 5 years the exports of United Kingdom to United Arab Emirates have increased at an annualized rate of 3.3%, from $7.54B in 2023 to $8.87B in 2018.

Exports from United Arab Emirates (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

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

United Arab Emirates Exports

United Kingdom Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from United Arab Emirates than United Kingdom included Japan ($37.4B), India ($38.2B), and Iraq ($22.6B).

In 2023, countries that imported more from United Kingdom than United Arab Emirates included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

Difference in imports from United Kingdom (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - United Kingdom

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with United Kingdom in the exports of Mineral Products ($1.92B), Precious Metals ($344M), and Machines ($304M).

During 2018, United Kingdom had a large net trade with United Arab Emirates in the exports of Machines ($3.15B), Transportation ($2.12B), and Precious Metals ($986M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates United Kingdom+$146MGold
Top Product Potential United Kingdom United Arab Emirates+$117MGold

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 United Kingdom. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and United Kingdom (Flag) (2023)

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