Flag United Arab Emirates / Iran Flag

Exports Flag β†’ Flag  (2018): $9.11B, Rnk 9 / 206

Top Product Flag β†’ Flag (2018): $1.51B, Cars

Exports Flag β†’ Flag (2018): $4.73B, Rnk 3 / 116

Top Product Flag β†’ Flag (2018): $2.07B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 0.26, Rnk 55 / 137

Economic Complexity of Flag (2018): ECI -0.046, Rnk 67 / 137

GDP Flag (2018): $414B, CURRENT US$
Rnk 28 / 196

GDP GROWTH Flag (2008-2018): 31.3%, CURRENT US$
Rnk 110 / 196

GDP PC Flag (2018): $43,005, CURRENT US$
Rnk 21 / 196

GDP PC GROWTH Flag (2008-2018): -3.36%, CURRENT US$
Rnk 158 / 196

United Arab Emirates-Iran: In 2018, United Arab Emirates exported $9.11B to Iran. The main products exported from United Arab Emirates to Iran were Cars ($1.51B), Air Conditioners ($428M), and Synthetic Filament Yarn Woven Fabric ($408M). During the last 21 years the exports of United Arab Emirates to Iran have increased at an annualized rate of 14.3%, from $554M in 1997 to $9.11B in 2018.

Iran-United Arab Emirates: In 2018, Iran exported $4.73B to United Arab Emirates. The main products exported from Iran to United Arab Emirates were Crude Petroleum ($2.07B), Refined Petroleum ($971M), and Semi-Finished Iron ($550M). During the last 21 years the exports of Iran to United Arab Emirates have increased at an annualized rate of 14.3%, from $286M in 1997 to $4.73B in 2018.

Comparison: In 2018, United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.26), and 26 in total exports ($242B). That same year, Iran ranked 67 in the Economic Complexity Index (ECI -0.046), and 48 in total exports ($62.6B). In terms of GDP Per Capita, United Arab Emirates was ranked 21 with a GDP Per Capita of $43,005, while Iran has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, United Arab Emirates exported $9.11B to Iran. The main products exported from United Arab Emirates to Iran were Cars ($1.51B), Air Conditioners ($428M), and Synthetic Filament Yarn Woven Fabric ($408M). During the last 21 years the exports of United Arab Emirates to Iran have increased at an annualized rate of 14.3%, from $554M in 1997 to $9.11B in 2018.

In 2018, Iran exported $4.73B to United Arab Emirates. The main products exported from Iran to United Arab Emirates were Crude Petroleum ($2.07B), Refined Petroleum ($971M), and Semi-Finished Iron ($550M). During the last 21 years the exports of Iran to United Arab Emirates have increased at an annualized rate of 14.3%, from $286M in 1997 to $4.73B in 2018.

Market Competitiveness

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Measure

United Arab Emirates
Top Destination
: India, $23.8B

Iran
Top Destination
: China, $18.9B

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

In 2018, countries that imported more from United Arab Emirates than Iran were Japan ($21.7B), Saudi Arabia ($17.2B), and Iraq ($11.3B).

In 2018, countries that imported more from Iran than United Arab Emirates were Italy ($3.14B), Spain ($2.17B), and China ($18.9B).

Comparative Advantage United Arab Emirates - Iran

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Depth

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

During 2018, United Arab Emirates had a large net trade with Iran in the exports of Machines ($3.05B), Transportation ($1.79B), and Foodstuffs ($713M).

During 2018, Iran had a large net trade with United Arab Emirates in the exports of Mineral Products ($3.19B), Metals ($1.12B), and Vegetable Products ($192M).

Tariff Section

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This sections shows import tariffs for products traded between United Arab Emirates and Iran (using the HS6 product classification and the last year reported).

In 2018, the products from United Arab Emirates that paid the highest import tariffs to enter Iran were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

In 2011, the products from Iran that paid the highest import tariffs to enter United Arab Emirates were Wine lees, argol (400%) and Poppy seeds (200%).

Explore Tariff Data

*The tariffs present between United Arab Emirates and Iran are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United Arab Emirates and Iran. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United Arab Emirates has comparative advantage over Iran. Similarly, the more red a dot/product is, the more Iran has comparative advantage over United Arab Emirates.