2022
Exports
$557MWorld Rnk 10 / 126
Flag Rnk 63 / 1208
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$15.3MWorld Rnk 96 / 210
Flag Rnk 742 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $557M in Hot-Rolled Iron Bars, making it the 10th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 63rd most exported product in United Arab Emirates. The main destination of Hot-Rolled Iron Bars exports from United Arab Emirates are: Israel ($301M), Belgium ($46.5M), Netherlands ($43.5M), Kenya ($20.5M), and Sri Lanka ($18M).

The fastest growing export markets for Hot-Rolled Iron Bars of United Arab Emirates between 2021 and 2022 were Israel ($280M), Belgium ($35M), and Netherlands ($18.4M).

Imports In 2022, United Arab Emirates imported $15.3M in Hot-Rolled Iron Bars, becoming the 96th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 742nd most imported product in United Arab Emirates. United Arab Emirates imports Hot-Rolled Iron Bars primarily from: India ($6.58M), China ($5.03M), Malaysia ($3.13M), Benin ($433k), and Oman ($26.8k).

The fastest growing import markets in Hot-Rolled Iron Bars for United Arab Emirates between 2021 and 2022 were Malaysia ($2.89M), China ($2.44M), and Benin ($433k).

Latest Trends

Jul 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 Hot-Rolled Iron Bars. 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)$557M
IMPORTS (2022)$15.3M
NET TRADE (2022)$542M

In 2022, United Arab Emirates exported $557M in Hot-Rolled Iron Bars. The main destinations of United Arab Emirates exports on Hot-Rolled Iron Bars were Israel ($301M), Belgium ($46.5M), Netherlands ($43.5M), Kenya ($20.5M), and Sri Lanka ($18M).

In 2022, United Arab Emirates imported $15.3M in Hot-Rolled Iron Bars, mainly from India ($6.58M), China ($5.03M), Malaysia ($3.13M), Benin ($433k), and Oman ($26.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Israel$280M (1.39k%)
Belgium$35M (306%)
Netherlands$18.4M (73.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY United Arab Emirates WERE (2021 - 2022):
Saudi Arabia-$57.4M (-92.7%)
Singapore-$40.9M (-97.8%)
Jordan-$17.6M (-79.6%)

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 Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, United Arab Emirates's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $4.79M
TOP IMPORT POTENTIALChina+ $1.93M

Hot-Rolled Iron Bars’s highest export potential is Saudi Arabia. With an export gap of $4.79M.   Hot-Rolled Iron Bars’s highest import potential is China with an import gap of $1.93M.

See methodology.

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