2022
Exports
$122MWorld Rnk 20 / 156
Flag Rnk 229 / 1208
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$134MWorld Rnk 25 / 216
Flag Rnk 282 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $122M in Iron Wire, making it the 20th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 229th most exported product in United Arab Emirates. The main destination of Iron Wire exports from United Arab Emirates are: Kuwait ($32M), Oman ($31.4M), Saudi Arabia ($20.6M), United States ($11.4M), and India ($6.92M).

The fastest growing export markets for Iron Wire of United Arab Emirates between 2021 and 2022 were Kuwait ($29.1M), Saudi Arabia ($12.7M), and Oman ($8.37M).

Imports In 2022, United Arab Emirates imported $134M in Iron Wire, becoming the 25th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 282nd most imported product in United Arab Emirates. United Arab Emirates imports Iron Wire primarily from: China ($94.4M), Oman ($16.9M), India ($8.96M), Russia ($5.83M), and Turkey ($2.27M).

The fastest growing import markets in Iron Wire for United Arab Emirates between 2021 and 2022 were China ($35.4M), Oman ($3.1M), and Germany ($390k).

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 Wire. 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)$122M
IMPORTS (2022)$134M
NET TRADE (2022)-$12M

In 2022, United Arab Emirates exported $122M in Iron Wire. The main destinations of United Arab Emirates exports on Iron Wire were Kuwait ($32M), Oman ($31.4M), Saudi Arabia ($20.6M), United States ($11.4M), and India ($6.92M).

In 2022, United Arab Emirates imported $134M in Iron Wire, mainly from China ($94.4M), Oman ($16.9M), India ($8.96M), Russia ($5.83M), and Turkey ($2.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Kuwait$29.1M (993%)
Saudi Arabia$12.7M (162%)
Oman$8.37M (36.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY United Arab Emirates WERE (2021 - 2022):
United States-$6.82M (-37.4%)
Chinese Taipei-$2.02M (-82%)
South Africa-$1.08M (-87.4%)

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

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $4.26M
TOP IMPORT POTENTIALTurkey+ $1.42M

Iron Wire’s highest export potential is Saudi Arabia. With an export gap of $4.26M.   Iron Wire’s highest import potential is Turkey with an import gap of $1.42M.

See methodology.

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