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2022
Flag → Flag
Exports $8.07BRnk 17 / 138
2022
Flag → Flag
Top Product $5.36BGold
2022
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Exports $2.47BRnk 31 / 219
2022
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Top Product $1.4BBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

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 21%,  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).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $161M and imported $15.1M from United Arab Emirates, resulting in a positive trade balance of $146M. Between January 2021 and January 2022 the exports of Russia have decreased by $-80.7M (-33.3%) from $242M to $161M, while imports increased by $3.36M (28.5%) from $11.8M to $15.1M.

Trade In January 2022, the top exports of Russia to United Arab Emirates were Diamonds ($128M), Commodities not elsewhere specified ($45.6M), Semi-Finished Iron ($17.6M), Hot-Rolled Iron ($16.7M), and Refined Petroleum ($16.4M). In January 2022 the top imports of Russia from United Arab Emirates were Precious Metal Scraps ($2.32M), Ethylene Polymers ($2.27M), Tea ($1.57M), Propylene Polymers ($987k), and Liquid Dispersing Machines ($719k).

Origins In January 2022 the exports of Russia were mainly from REPUBLIC OF SAKHA (YAKUTIA) ($63.4M), KRASNODAR TERRITORY ($28.2M), ST. PETERSBURG ($26.5M), ARKHANGELSK REGION ($12.8M), and MOSCOW REGION ($3.55M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($6.22M), MOSCOW REGION ($1.6M), ST. PETERSBURG ($1.34M), LENINGRAD REGION ($1.21M), and SMOLENSK REGION ($869k).

Growth In January 2022, the decrease in Russia's year-by-year exports to United Arab Emirates was explained primarily by an decrease in product exports in Telephones ($-4.31M or -96%), Electrical Power Accessories ($-1.85M or -97.9%), and Eggs ($-1.23M or -97.4%). In January 2022, the increase in Russia's year-by-year imports  from United Arab Emirates was explained primarily by an increase in product imports  in Ethylene Polymers ($744k or 48.8%), Metal Stoppers ($452k or 768%), and Propylene Polymers ($326k or 49.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-80.7M(-33.3%)
IMPORT GROWTH (January 2021 - January 2022)$3.36M(28.5%)
MAIN EXPORTER (January 2022)REPUBLIC OF SAKHA (YAKUTIA)$63.4M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check United Arab Emirates and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Russia Data

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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 21%, 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 DestinationChina$101B
United Arab Emirates
Top DestinationIndia$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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