2023
Exports
$114MWorld Rnk 28 / 127
Flag Rnk 195 / 1209
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$974MWorld Rnk 16 / 125
Flag Rnk 50 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $114M in Iron Ore, making it the 28th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 195th most exported product in United Arab Emirates. The main destination of Iron Ore exports from United Arab Emirates are: China ($63.2M), Malaysia ($39.4M), Indonesia ($10.6M), Saudi Arabia ($258k), and Oman ($79.9k).

The fastest growing export markets for Iron Ore of United Arab Emirates between 2022 and 2023 were China ($14.4M), Indonesia ($2.47M), and Saudi Arabia ($178k).

Imports In 2023, United Arab Emirates imported $974M in Iron Ore, becoming the 16th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 50th most imported product in United Arab Emirates. United Arab Emirates imports Iron Ore primarily from: Bahrain ($443M), Oman ($270M), Sweden ($218M), Brazil ($33.3M), and Russia ($7.05M).

The fastest growing import markets in Iron Ore for United Arab Emirates between 2022 and 2023 were Russia ($7.05M), Netherlands ($909k), and China ($402k).

Latest Trends

Dec 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 Ore. 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 (2023)$114M
IMPORTS (2023)$974M
NET TRADE (2023)-$860M

In 2023, United Arab Emirates exported $114M in Iron Ore. The main destinations of United Arab Emirates exports on Iron Ore were China ($63.2M), Malaysia ($39.4M), Indonesia ($10.6M), Saudi Arabia ($258k), and Oman ($79.9k).

In 2023, United Arab Emirates imported $974M in Iron Ore, mainly from Bahrain ($443M), Oman ($270M), Sweden ($218M), Brazil ($33.3M), and Russia ($7.05M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
China$14.4M (29.5%)
Indonesia$2.47M (30.6%)
Saudi Arabia$178k (221%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY United Arab Emirates WERE (2022 - 2023):
Malaysia-$35.1M (-47.1%)
United Kingdom-$10.6k (-100%)
Netherlands-$1.29k (-70.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Iron Ore were:
In 2023, United Arab Emirates's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $56.5M
TOP IMPORT POTENTIALBrazil+ $37.9M

Iron Ore’s highest export potential is China. With an export gap of $56.5M.   Iron Ore’s highest import potential is Brazil with an import gap of $37.9M.

See methodology.

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