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2023
Flag → Flag
Exports $4.49BRnk 17 / 216
2023
Flag → Flag
Top Product $2.09BBroadcasting Equipment
2023
Flag → Flag
Exports $6.45BRnk 9 / 137
2023
Flag → Flag
Top Product $2.52BGold
2023
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Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
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GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
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GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$13,817CURRENT US$
Rnk 74 / 196
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

United Arab Emirates-Russia Trade: In 2023, United Arab Emirates exported $4.49B to Russia. The main products that United Arab Emirates exported to Russia were Broadcasting Equipment ($2.09B), Computers ($437M), and Refined Petroleum ($178M). Over the past 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 53.1%, from $534M in 2018 to $4.49B in 2023.

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

Russia-United Arab Emirates Trade: In 2023, Russia exported $6.45B to United Arab Emirates. The main products that Russia exported to United Arab Emirates were Gold ($2.52B), Diamonds ($1.63B), and Refined Petroleum ($830M). Over the past 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 23.5%,  from $2.25B in 2018 to $6.45B in 2023.

In 2020, Russia exported services to United Arab Emirates worth $976M, with Transportation ($684M), Other business services ($154M), and Computer and information services ($44.1M) being the largest in terms of value.

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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $4.49B to Russia. The main products exported from United Arab Emirates to Russia were Broadcasting Equipment ($2.09B), Computers ($437M), and Refined Petroleum ($178M). During the last 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 53.1%, from $534M in 2018 to $4.49B in 2023.

In 2018, Russia exported $6.45B to United Arab Emirates. The main products exported from Russia to United Arab Emirates were Gold ($2.52B), Diamonds ($1.63B), and Refined Petroleum ($830M). During the last 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 23.5%, from $2.25B in 2023 to $6.45B in 2018.

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

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

Latest Data

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

United Arab Emirates Exports

Russia Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from United Arab Emirates than Russia included Japan ($37.4B), Iraq ($22.6B), and Thailand ($15.8B).

In 2023, countries that imported more from Russia than United Arab Emirates included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage United Arab Emirates - Russia

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Russia in the exports of Machines ($3.17B), Transportation ($333M), and Mineral Products ($183M).

During 2018, Russia had a large net trade with United Arab Emirates in the exports of Precious Metals ($4.36B), Mineral Products ($1.16B), and Vegetable Products ($284M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Russia+$67.4MComputers
Top Product Potential Russia United Arab Emirates+$256MRefined Petroleum

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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Bilateral Service Trade

In 2020, Russia exported services to United Arab Emirates worth $976M, with Transportation ($684M), Other business services ($154M), and Computer and information services ($44.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to United Arab Emirates (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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