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2022
Exports $105BWorld Rnk 6 / 149
Flag Rnk 1 / 1208
2022
Destination $13.7B Japan
2021 - 2022
FASTEST GROWING MARKET $13.7BJapan
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $3.1BWorld Rnk 42 / 158
Flag Rnk 11 / 1213
2022
Origin $1.01B Qatar
2021 - 2022
FASTEST GROWING ORIGIN $1.01BQatar
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $105B in Crude Petroleum, making it the 6th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in United Arab Emirates. The main destination of Crude Petroleum exports from United Arab Emirates are: Japan ($32.9B), China ($17.4B), India ($14.8B), Thailand ($12.9B), and Singapore ($8.22B).

The fastest growing export markets for Crude Petroleum of United Arab Emirates between 2021 and 2022 were Japan ($13.7B), China ($8.57B), and Thailand ($6.95B).

Imports In 2022, United Arab Emirates imported $3.1B in Crude Petroleum, becoming the 42nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 11th most imported product in United Arab Emirates. United Arab Emirates imports Crude Petroleum primarily from: Qatar ($1.41B), Libya ($1.02B), Kazakhstan ($250M), Angola ($106M), and Cote d'Ivoire ($102M).

The fastest growing import markets in Crude Petroleum for United Arab Emirates between 2021 and 2022 were Qatar ($1.01B), Libya ($302M), and Kazakhstan ($182M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$105B
IMPORTS (2022)$3.1B
NET TRADE (2022)$102B

In 2022, United Arab Emirates exported $105B in Crude Petroleum. The main destinations of United Arab Emirates exports on Crude Petroleum were Japan ($32.9B), China ($17.4B), India ($14.8B), Thailand ($12.9B), and Singapore ($8.22B).

In 2022, United Arab Emirates imported $3.1B in Crude Petroleum, mainly from Qatar ($1.41B), Libya ($1.02B), Kazakhstan ($250M), Angola ($106M), and Cote d'Ivoire ($102M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Japan$13.7B (71.7%)
China$8.57B (96.9%)
Thailand$6.95B (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY United Arab Emirates WERE (2021 - 2022):
New Zealand-$991M (-68.6%)
Sri Lanka-$331M (-76.5%)
South Africa-$74.2M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, United Arab Emirates's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $1.78B
TOP IMPORT POTENTIALIraq+ $101M

Crude Petroleum’s highest export potential is India. With an export gap of $1.78B.   Crude Petroleum’s highest import potential is Iraq with an import gap of $101M.

See methodology.

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