2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$508BCURRENT US$
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GDP GROWTH
32%CURRENT US$
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GDP PC 
$15,345CURRENT US$
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$53,758CURRENT US$
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2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
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About

Russia-United Arab Emirates Trade: In 2022, Russia exported $8.07B to United Arab Emirates. The main products that Russia exported to United Arab Emirates were Gold ($5.36B), Diamonds ($1.64B), and Refined Petroleum ($214M). Over the past 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 38.2%, from $1.6B in 2017 to $8.07B in 2022.

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.

United Arab Emirates-Russia Trade: In 2022, United Arab Emirates exported $2.47B to Russia. The main products that United Arab Emirates exported to Russia were Broadcasting Equipment ($1.4B), Computers ($244M), and Microphones and Headphones ($71.8M). Over the past 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 35.7%,  from $537M in 2017 to $2.47B in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $8.07B to United Arab Emirates. The main products exported from Russia to United Arab Emirates were Gold ($5.36B), Diamonds ($1.64B), and Refined Petroleum ($214M). During the last 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 38.2%, from $1.6B in 2017 to $8.07B in 2022.

In 2017, United Arab Emirates exported $2.47B to Russia. The main products exported from United Arab Emirates to Russia were Broadcasting Equipment ($1.4B), Computers ($244M), and Microphones and Headphones ($71.8M). During the last 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 35.7%, from $537M in 2022 to $2.47B in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Russia than United Arab Emirates included China ($101B), Germany ($27.7B), and Italy ($25.1B).

In 2022, countries that imported more from United Arab Emirates than Russia included Saudi Arabia ($27.8B), Japan ($40.9B), and Iraq ($21.2B).

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

Comparative Advantage Russia - United Arab Emirates

Flow
Scale

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

During 2022, Russia had a large net trade with United Arab Emirates in the exports of Precious Metals ($7.11B), Metals ($256M), and Mineral Products ($251M).

During 2017, United Arab Emirates had a large net trade with Russia in the exports of Machines ($1.92B), Transportation ($165M), and Precious Metals ($65.8M).

Potential Exports

Potential Exports

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

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 Russia and United Arab Emirates. This means that a dot/product with the flag of Russia 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 Russia.

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

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