2022
Exports
$150MWorld Rnk 28 / 213
Flag Rnk 194 / 1208
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$150MWorld Rnk 35 / 225
Flag Rnk 256 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $150M in Interchangeable Tool Parts, making it the 28th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 194th most exported product in United Arab Emirates. The main destination of Interchangeable Tool Parts exports from United Arab Emirates are: Saudi Arabia ($67M), Iraq ($17.3M), India ($12.6M), Oman ($12.5M), and Kuwait ($3.76M).

The fastest growing export markets for Interchangeable Tool Parts of United Arab Emirates between 2021 and 2022 were Saudi Arabia ($32.7M), Iraq ($6.5M), and India ($4.22M).

Imports In 2022, United Arab Emirates imported $150M in Interchangeable Tool Parts, becoming the 35th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 256th most imported product in United Arab Emirates. United Arab Emirates imports Interchangeable Tool Parts primarily from: China ($40.3M), United States ($33.1M), Germany ($11M), Italy ($10.6M), and India ($5.86M).

The fastest growing import markets in Interchangeable Tool Parts for United Arab Emirates between 2021 and 2022 were China ($11.3M), United States ($4.89M), and Turkey ($2.67M).

Latest Trends

Sep 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 Interchangeable Tool Parts. 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)$150M
IMPORTS (2022)$150M
NET TRADE (2022)$812k

In 2022, United Arab Emirates exported $150M in Interchangeable Tool Parts. The main destinations of United Arab Emirates exports on Interchangeable Tool Parts were Saudi Arabia ($67M), Iraq ($17.3M), India ($12.6M), Oman ($12.5M), and Kuwait ($3.76M).

In 2022, United Arab Emirates imported $150M in Interchangeable Tool Parts, mainly from China ($40.3M), United States ($33.1M), Germany ($11M), Italy ($10.6M), and India ($5.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Saudi Arabia$32.7M (95.2%)
Iraq$6.5M (60.3%)
India$4.22M (50.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY United Arab Emirates WERE (2021 - 2022):
Iran-$3.27M (-90.8%)
United States-$951k (-41.5%)
Angola-$720k (-50.4%)

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 Interchangeable Tool Parts were:
In 2022, United Arab Emirates's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $3.32M
TOP IMPORT POTENTIALChina+ $9.61M

Interchangeable Tool Parts’s highest export potential is India. With an export gap of $3.32M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $9.61M.

See methodology.

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