2022
Exports
$428MWorld Rnk 13 / 177
Flag Rnk 88 / 1208
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$279MWorld Rnk 21 / 219
Flag Rnk 167 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $428M in Iron Blocks, making it the 13th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 88th most exported product in United Arab Emirates. The main destination of Iron Blocks exports from United Arab Emirates are: Saudi Arabia ($58.8M), United States ($51.1M), Canada ($41.2M), Egypt ($37.9M), and Mexico ($28.7M).

The fastest growing export markets for Iron Blocks of United Arab Emirates between 2021 and 2022 were Mexico ($22.9M), Egypt ($17.1M), and Saudi Arabia ($15.8M).

Imports In 2022, United Arab Emirates imported $279M in Iron Blocks, becoming the 21st largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 167th most imported product in United Arab Emirates. United Arab Emirates imports Iron Blocks primarily from: Oman ($62.1M), Turkey ($53.3M), China ($44.9M), Saudi Arabia ($30.3M), and Bahrain ($23.7M).

The fastest growing import markets in Iron Blocks for United Arab Emirates between 2021 and 2022 were China ($28.1M), Turkey ($16.1M), and India ($6.46M).

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 Iron Blocks. 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)$428M
IMPORTS (2022)$279M
NET TRADE (2022)$149M

In 2022, United Arab Emirates exported $428M in Iron Blocks. The main destinations of United Arab Emirates exports on Iron Blocks were Saudi Arabia ($58.8M), United States ($51.1M), Canada ($41.2M), Egypt ($37.9M), and Mexico ($28.7M).

In 2022, United Arab Emirates imported $279M in Iron Blocks, mainly from Oman ($62.1M), Turkey ($53.3M), China ($44.9M), Saudi Arabia ($30.3M), and Bahrain ($23.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Mexico$22.9M (390%)
Egypt$17.1M (82.1%)
Saudi Arabia$15.8M (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY United Arab Emirates WERE (2021 - 2022):
Canada-$70.6M (-63.1%)
Australia-$16.8M (-98.8%)
Malaysia-$5.67M (-29.6%)

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 Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, United Arab Emirates's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.14M
TOP IMPORT POTENTIALChina+ $6.95M

Iron Blocks’s highest export potential is United States. With an export gap of $5.14M.   Iron Blocks’s highest import potential is China with an import gap of $6.95M.

See methodology.

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