2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

India-United Arab Emirates Trade: In 2023, India exported $28.8B to United Arab Emirates. The main products that India exported to United Arab Emirates were Jewellery ($5.42B), Broadcasting Equipment ($4.28B), and Refined Petroleum ($2.6B). Over the past 5 years the exports of India to United Arab Emirates have increased at an annualized rate of 2.88%, from $25B in 2018 to $28.8B in 2023.

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

United Arab Emirates-India Trade: In 2023, United Arab Emirates exported $38.2B to India. The main products that United Arab Emirates exported to India were Crude Petroleum ($8.55B), Gold ($6.99B), and Diamonds ($6.72B). Over the past 5 years the exports of United Arab Emirates to India have increased at an annualized rate of 7.3%,  from $26.8B in 2018 to $38.2B in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $28.8B to United Arab Emirates. The main products exported from India to United Arab Emirates were Jewellery ($5.42B), Broadcasting Equipment ($4.28B), and Refined Petroleum ($2.6B). During the last 5 years the exports of India to United Arab Emirates have increased at an annualized rate of 2.88%, from $25B in 2018 to $28.8B in 2023.

In 2018, United Arab Emirates exported $38.2B to India. The main products exported from United Arab Emirates to India were Crude Petroleum ($8.55B), Gold ($6.99B), and Diamonds ($6.72B). During the last 5 years the exports of United Arab Emirates to India have increased at an annualized rate of 7.3%, from $26.8B in 2023 to $38.2B in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, countries that imported more from India than United Arab Emirates included United States ($85.5B), United Kingdom ($14.4B), and Bangladesh ($11.3B).

In 2023, countries that imported more from United Arab Emirates than India included Japan ($37.4B), China ($40.2B), and Iraq ($22.6B).

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

Comparative Advantage India - United Arab Emirates

Flow
Scale

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

During 2023, India had a large net trade with United Arab Emirates in the exports of Precious Metals ($8.07B), Machines ($6.52B), and Mineral Products ($2.88B).

During 2018, United Arab Emirates had a large net trade with India in the exports of Mineral Products ($17.6B), Precious Metals ($14.8B), and Plastics and Rubbers ($1.43B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India United Arab Emirates+$206MDiamonds
Top Product Potential United Arab Emirates India+$1.78BCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with