2022
Exports
$32.8BWorld Rnk 3 / 176
Flag Rnk 3 / 1208
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$57.1BWorld Rnk 3 / 178
Flag Rnk 1 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $32.8B in Gold, making it the 3rd largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in United Arab Emirates. The main destination of Gold exports from United Arab Emirates are: Switzerland ($8.29B), Hong Kong ($5.92B), Turkey ($3.41B), India ($3.22B), and Kuwait ($2.63B).

The fastest growing export markets for Gold of United Arab Emirates between 2021 and 2022 were Turkey ($1.89B), Kuwait ($1.73B), and Iraq ($904M).

Imports In 2022, United Arab Emirates imported $57.1B in Gold, becoming the 3rd largest importer of Gold in the world. At the same year, Gold was the 1st most imported product in United Arab Emirates. United Arab Emirates imports Gold primarily from: Mali ($5.57B), Russia ($5.36B), Ghana ($4.68B), United Kingdom ($4.5B), and Zimbabwe ($4.46B).

The fastest growing import markets in Gold for United Arab Emirates between 2021 and 2022 were Russia ($5.28B), Ghana ($2.98B), and United Kingdom ($2.06B).

Latest Trends

Apr 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 Gold. 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)$32.8B
IMPORTS (2022)$57.1B
NET TRADE (2022)-$24.3B

In 2022, United Arab Emirates exported $32.8B in Gold. The main destinations of United Arab Emirates exports on Gold were Switzerland ($8.29B), Hong Kong ($5.92B), Turkey ($3.41B), India ($3.22B), and Kuwait ($2.63B).

In 2022, United Arab Emirates imported $57.1B in Gold, mainly from Mali ($5.57B), Russia ($5.36B), Ghana ($4.68B), United Kingdom ($4.5B), and Zimbabwe ($4.46B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Turkey$1.89B (124%)
Kuwait$1.73B (193%)
Iraq$904M (7.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY United Arab Emirates WERE (2021 - 2022):
India-$3.81B (-54.2%)
Italy-$874M (-73.6%)
Hong Kong-$620M (-9.48%)

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 Gold were:
In 2022, United Arab Emirates's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

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